$EWU United Kingdom buy (3/5)

Conviction: 3/5
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
  

Kommentera:

broke above resistance! increased confidence