FriscoTrades

$EWZ Weekly Pivot Point - Trend is now up

Long
AMEX:EWZ   iShares Inc iShares MSCI Brazil ETF
Trader Vic (Victor Sperandeo) says you gotta go long here !

By his "Principles of Professional Speculation" , EWZ weekly has broken down trend and pivoted to an up trend.

I'm also liking the volume and and MACD bullish confluence.

I went long starter size March 32/34 debit spread , and will add with more confirmation.

Some whale also bought 17K of these at $1.14 on Friday , let's see !

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