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European Wax Center (EWCZ) Ready to Rip Higher

European Wax Center (EWCZ) Ready to Rip Higher

by | Oct 28, 2021 | Chart SetUps

European Wax Center (EWCZ) a recent IPO that started to clear monthly value on 10/27 and near a breakout above the post-deal highs at $32.20. A move higher and out of a narrow recent range has room to move to $40. EWCZ is above both the 8- and 21-EMA and setting up well for a continuation move and with little impact from inclusion in the indices, can outperform if the broader market is weighed down.