EWZ (brazil) has bullish signal for long term (education purpose

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As you can see, the chart shows price have been consolidating with in very narrow range for several years. The price movement were stack in range bound since long time ago. However, the soybean and brazil currency are going to the moon. And that will improve brazil (hodsus brazil)

An investment allocation has been made, using 4% of the total portfolio, to capitalize on this breakout. This allocation appears to be a calculated risk, as it's a relatively small percentage of the overall portfolio, which helps in managing risk.

In addition, this investment offers a dividend yield of 8%. Dividends are payments made by companies to their shareholders, and an 8% yield is relatively high. This could provide a buffer against price fluctuations and contribute to total returns.

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