Learn to Evaluate (EEMA) using the Charts
November 01, 2024, 02:56 am ET, BY Thomas H. Kee Jr- Editor, Stock Traders Daily| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for EEMA
- Buy EEMA near 73.82 target 76.9 stop loss @ 73.61 Details
The technical summary data tells us to buy EEMA near 73.82 with an upside target of 76.9. This data also tells us to set a stop loss @ 73.61 to protect against excessive loss in case the stock begins to move against the trade. 73.82 is the first level of support below 75.73 , and by rule, any test of support is a buy signal. In this case, support 73.82 would be being tested, so a buy signal would exist.
- Short EEMA slightly under 76.9, target 73.82, stop loss @ 77.12 Details
The technical summary data is suggesting a short of EEMA as it gets near 76.9 with a downside target of 73.82. We should have a stop loss in place at 77.12though. 76.9 is the first level of resistance above 75.73, and by rule, any test of resistance is a short signal. In this case, if resistance 76.9 is being tested, so a short signal would exist.
Swing Trading Plans for EEMA
- Buy EEMA slightly over 75.79, target 76.9, Stop Loss @ 75.57 Details
If 75.79 begins to break higher, the technical summary data tells us to buy EEMA just slightly over 75.79, with an upside target of 76.9. The data also tells us to set a stop loss @ 75.57 in case the stock turns against the trade. 75.79 is the first level of resistance above 75.73, and by rule, any break above resistance is a buy signal. In this case, 75.79, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.
- Short EEMA slightly near 75.79, target 73.82, Stop Loss @ 76.01. Details
The technical summary data is suggesting a short of EEMA if it tests 75.79 with a downside target of 73.82. We should have a stop loss in place at 76.01 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 75.79, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.
Day Trading Plans for EEMA
- Buy EEMA slightly over 75.79, target 76.03, Stop Loss @ 75.61 Details
If 75.79 begins to break higher, the technical summary data tells us to buy EEMA just slightly over 75.79, with an upside target of 76.03. The data also tells us to set a stop loss @ 75.61 in case the stock turns against the trade. 75.79 is the first level of resistance above 75.73, and by rule, any break above resistance is a buy signal. In this case, 75.79, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.
- Short EEMA slightly near 75.79, target 75.29, Stop Loss @ 75.97. Details
The technical summary data is suggesting a short of EEMA if it tests 75.79 with a downside target of 75.29. We should have a stop loss in place at 75.97 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 75.79, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.
Check the time stamp on this data. Updated AI-Generated Signals for Ishares Msci Emerging Markets Asia Index Fund (EEMA) available here: EEMA.
EEMA Ratings for November 01:
Term → | Near |
Mid |
Long |
Rating |
Weak |
Neutral |
Strong |
P1 |
0 |
0 |
73.82 |
P2 |
75.29 |
75.79 |
76.9 |
P3 |
76.03 |
76.85 |
80.01 |
AI Generated Signals for EEMA
Blue = Current Price
Red= Resistance
Green = Support
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When #institutionalinvestors make decisions to buy and sell #stocks they normally want to keep it quiet. However, if we pay close attention we can see what is going on, and make good decisions.. The Ishares Msci Emerging Markets Asia Index Fund (NASDAQ: EEMA) report below can help you understand how to do this. The trading plans for EEMA, are updated in real time for subscribers, but this report is static. If you want an update, or a different report on a different stock, please get one here Unlimited Real Time Reports.
Fundamental Charts for EEMA: