After the Brazilian presidential election results, $EWZ (+1,63 %) dropped more than 20 %, triggering one of my predefined rebuy levels.

Political events often create volatility, and Brazil is no exception. It looks like the market didn't like the outcome of Brazil's presidential election.

A decline of this magnitude may indicate increased uncertainty regarding future economic policies, fiscal discipline, and investor sentiment toward Brazilian assets. At the same time, such periods can create opportunities for long-term investors willing to follow a structured plan.

✅ Rebuy level triggered

✅ Position increased according to plan

✅ Risk management always

✅ Rules over emotions

Now let's see how the market digests the election outcome over the coming months.

#trading
#long
#rebuy
#tradingstrategy
#ewz
#etfs
#brazil
#fibonacci
#mikeupegui

$EWZ (+1,63 %)

My first take-profit order on $EWZ (+1,63 %) was triggered today as the price reached my predefined Fibonacci target.

Brazilian equities have been receiving strong support from growing market optimism surrounding the presidential election and expectations of a more market-friendly economic environment. These developments have contributed to the recent strength in Brazilian assets and $EWZ (+1,63 %)

By securing partial profits at predefined Fibonacci levels, I remove emotions from the process and stay disciplined regardless of market sentiment.

#trading
#long
#tradingstrategy
#ewz
#etfs
#brazil
#fibonacci
#mikeupegui

$EWZ (+1,63 %)

Plunged on Bolsonaro's unpopular son endorsement?

Prime buy-the-dip moment at fire-sale prices!

Low poll numbers force opposition unity pre-'26 election - expect swift rebound as clarity hits. We are buyers in 29-32 range if we get it.

This is one of the best plays for the next 2-3 years.

Original analysis here below.

https://t.co/WfBghzSGRZ