Is EWA a Good ETF to Buy Now to Trade Australia? | Quick Take

In this short [Is EWA a Good ETF to Buy Now to Trade Australia? | Quick Take] video , we take a deep dive into the Australian market with a focus on two ETFs. We compare the risk-reward profiles of these ETFs to the broader market, which currently shows a relatively balanced risk-reward ratio. Both ETFs are in the middle of their ranges, with not a lot of potential for high risk or high reward. However, for those interested in a more detailed analysis, we take a closer look at the EWA ETF, which has shown signs of a strong recovery. With a relative high position in its range, EWA offers a balanced risk-reward profile with potential for both upside and downside. Overall, while not a strong buy at the moment, this is a great opportunity to understand the current state of the Australian market.

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REFERENCES
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Weekly Trading Game Plan Notes for 6/3 – 6/7/24 - Part 1 https://docs.google.com/document/d/1XSQewwm4yYE9v8J2QvMWZjJEQp6V1Lt-ggfxeGeqswM/edit?usp=sharing

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TRADING PLATFORMS
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✅ Webull – Get FREE stocks with Webull https://bit.ly/3jKfvw5
✅ E*TRADE – Use our link and we both get rewarded! https://bit.ly/3zP6rvB
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