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RHby u/rana.hamdan·1hAnalysis

Watching EWZ for a potential bounce or break

Been eyeing $EWZ closely today, sitting around 35.95 after dipping to 35.85 earlier. It's holding a pretty key area for me on the daily chart. If it can close above say, 36.20, I'd be looking for a potential bounce back towards the 37.50-38.00 region. The risk here, of course, is a break below that 35.80 low, which could open up a move to test 35.00 or even lower. Just trying to see if this support holds up on volume. What are others seeing here?

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