$EWU United Kingdom buy (3/5)
Updated
Conviction: 3/5
Main risk is that we will retest previous support at a lower level
Evidence
Risk
Main risk is that we will retest previous support at a lower level
Evidence
- breaking out of LT support (2007)
- RSI-D recently turned down from overbought levels
Risk
- Could retest previous resistance at lower levels in the coming weeks/months
- RSI-M and RSI-W are not showing particular signs of overbought or oversold
Note
broke above resistance! increased confidence
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