Brazil Ishares (EWZ) chart analysis ;1) Note the importance of the 50 days exp MA
2) "B" level (strong support) is now confirmed
3) If you decide to buy NOW, simple, use "B" as your stop loss
Gut feeling now ; do not expect to see EWZ zooming up ... yet ...
I have the following scenario in mind ; a sideway trade for at least 2 weeks, followed by a break out (above "C) around the end of November.
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