Currently: Cash Looking to: Buy @ $45.09
As of 2/26/21 close: $48.60
LAST WEEK: We suggested buying IEV or other European proxies when IEV tested $45.09 on the downside. Stops were to be honored on a close below $45 and the tgt was to be $51.
UPDATE: The European ETF (IEV) finished lower this week for the first time in a while. We are sticking with our call / recommendation from last week.
Try new long positions at $45.09. Honor stops on a close below $45.00 and look to take profits up at $51.