https://www.tradingview.com/x/pNTz4eMM
Brazil boasts a strong investment case compared to an overvalued US market, which is historically trading at depressed multiples. The global scenario is looking positive for emerging market equities, like ewz and small cap brf with slower GDP deceleration, resilient commodity prices, and inflation control. Higher commodity exports are generally positive for Brazil’s currency (BRL) and equities. The technical set up is straight forward, from the 2020 high and low the price is consolidating ready to break above the descending trendline. If the fib retrace holds and the price can move past the high volume node which coincides with the breakout of the trendline around 32 we may see the start of a multi-year advance.
Brazil boasts a strong investment case compared to an overvalued US market, which is historically trading at depressed multiples. The global scenario is looking positive for emerging market equities, like ewz and small cap brf with slower GDP deceleration, resilient commodity prices, and inflation control. Higher commodity exports are generally positive for Brazil’s currency (BRL) and equities. The technical set up is straight forward, from the 2020 high and low the price is consolidating ready to break above the descending trendline. If the fib retrace holds and the price can move past the high volume node which coincides with the breakout of the trendline around 32 we may see the start of a multi-year advance.
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해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.