Long Idea.
Since Q4 2022,
EWZ has been trading below the 200D and has recently seem some breakout gaps to the upside with some relatively high volume. I looked at option flow today (4/13) and 34s and 39s got lit up (seeing volume of 37K for each strike).
Now, my first impression was that this could be a short. However, I'm willing to challenge my initial idea and go long here, trading the breakout to the upside.
Buy targets: 29 / 28.5 / 28
Profit targets: 30.5 / 31 / 32 / 33
Trade is invalidated < 27.5, or acceptance back into the monthly distribution.
Since Q4 2022,
EWZ has been trading below the 200D and has recently seem some breakout gaps to the upside with some relatively high volume. I looked at option flow today (4/13) and 34s and 39s got lit up (seeing volume of 37K for each strike). Now, my first impression was that this could be a short. However, I'm willing to challenge my initial idea and go long here, trading the breakout to the upside.
Buy targets: 29 / 28.5 / 28
Profit targets: 30.5 / 31 / 32 / 33
Trade is invalidated < 27.5, or acceptance back into the monthly distribution.
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這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。