EWQ

EWQ remains in Stage 2 – Advancing within its long-term uptrend, supported by rising EMAs and the 50 DMA. The medium-term bias is bullish, reinforced by the active Bullish Pivot Point pattern signaling failed downside control and structural repair. Short-term pullback into and holding just above the rising 9 EMA and 20 EMA presents a favorable entry area. In a Stable strategy context, controlled participation around these moving-average support levels is appropriate now.

• ↑Eurozone retail trade rose 0.2% MoM in May, boosting spending power
• ↑High PMI readings exceed estimates, indicating economic momentum
• ↓France’s composite PMI missed estimates, signaling economic drag