Learn to Evaluate Spdr S&p Emerging Markets Smal (EWX) using the Charts

August 17, 2022, 04:15 am ET, BY James G.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

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  Spdr S&p Emerging Markets Smal (NYSE: EWX) report below can help you understand how to do this. The trading plans for EWX, 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.

Longer Term Trading Plans for EWX

• Buy EWX slightly over 49.68 target 52.14 stop loss @ 49.54 Details

The technical summary data tells us to buy EWX near 49.68 with an upside target of 52.14. This data also tells us to set a stop loss @ 49.54 to protect against excessive loss in case the stock begins to move against the trade. 49.68 is the first level of support below 50.9 , and by rule, any test of support is a buy signal. In this case, support 49.68 is being tested, a buy signal would exist.

• Short EWX under 52.14, target 49.68, stop loss @ 52.29 Details

The technical summary data is suggesting a short of EWX as it gets near 52.14 with a downside target of 49.68. We should have a stop loss in place at 52.29though. 52.14 is the first level of resistance above 50.9, and by rule, any test of resistance is a short signal. In this case, if resistance 52.14 is being tested, a short signal would exist.

Swing Trading Plans for EWX

• Buy EWX slightly over 51.18, target 52.14, Stop Loss @ 51.03 Details

If 51.18 begins to break higher, the technical summary data tells us to buy EWX just slightly over 51.18, with an upside target of 52.14. The data also tells us to set a stop loss @ 51.03 in case the stock turns against the trade. 51.18 is the first level of resistance above 50.9, and by rule, any break above resistance is a buy signal. In this case, 51.18, 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 EWX near 51.18, target 50.49, Stop Loss @ 51.33. Details

The technical summary data is suggesting a short of EWX if it tests 51.18 with a downside target of 50.49. We should have a stop loss in place at 51.33 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, 51.18, 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 EWX

• Buy EWX slightly over 50.96, target 51.18, Stop Loss @ 50.84 Details

If 50.96 begins to break higher, the technical summary data tells us to buy EWX just slightly over 50.96, with an upside target of 51.18. The data also tells us to set a stop loss @ 50.84 in case the stock turns against the trade. 50.96 is the first level of resistance above 50.9, and by rule, any break above resistance is a buy signal. In this case, 50.96, 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 EWX near 50.96, target 50.49, Stop Loss @ 51.08. Details

The technical summary data is suggesting a short of EWX if it tests 50.96 with a downside target of 50.49. We should have a stop loss in place at 51.08 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, 50.96, 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.

EWX Ratings for August 17:

Term →	Near	Mid	Long
Rating	Strong	Neutral	Weak
P1
P2			0
P3	0		0

Support and Resistance Plot Chart for EWX

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