EWT has been maintaining a beautiful ascending trendline support. It has also formed a good support around $13.8 and is currently trading above the support fib at $16.72. As long as EWT is above this fib, we could start seeing a move towards $21.28, $23.28, $25.83, $33.20 and $45.12. Failure to hold the support at $16.72 could lead to a drop towards the support at $13.88 and $11.68 which could be good places to add long orders for EWT. EWT is currently trading at $20.10 with a market cap of $686,629,022. Its 24 hour trading volume was $13,797,194.
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