Verified Investing on $EWZ (Oct 26, 2026)
EWZ fell roughly 26% from Friday's close after Brazil's weekend elections; a decline to the 28-ish area would look like an amazingly good entry for a swing trade long.
Jump to any passage
We've got to take a look at this one, guys. The EWZ. This is Brazil. So, over the weekend, there were elections in Brazil.
And so, of course, the big pop on all of these stocks, Petro Brass, EWZ, which is the ETF, we saw a big collapse in those.
Take a look today, folks. This is a massive decline from Friday. Friday's close. We are now down about 26% on the EWZ, the Brazilian ETF. That is a mammoth collapse in their market.
If we can come down to this 28-ish area, that looks amazingly good as a swing trade long position.
What this channel has said about $EWZ
Verified Investing has 2 calls on this stock; only the adjacent ones are shown.