When Investors Make Decisions in Ethan Allen Interiors ETH Opportunities Surface

June 03, 2021, 08:15 am ET, BY James G.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Influential #investors can create defining moments in a stock's price, by simply making large #buyandsell decisions, and Ethan Allen Interiors (NYSE: ETH) is no exception.  Pivot points in a chart pattern are often created by these events, and as we have learned this does not require institutional investment decisions.  For ETH like every other stock, smaller investors can be heard as well, but one thing is the same.  No matter what class of influential investor is speaking, we can hear what they are saying with their pocketbooks by looking at price action; that is exactly what we have done below.  This changes over time, so we suggest updating the data for the most actionable results, but this static example also demonstrates how this is done.  For an update, please request Unlimited Real Time Reports. 

Technical Summary

Support and Resistance Plot Chart for ETH

Longer Term Trading Plans for ETH

June 3, 2021, 8:15 am ET

ETH - (Long) Support Plan

Buy over 27.86 target 30.23 stop loss @ 27.78

ETH - (Short) Resistance Plan

Short under 30.23, target 27.86, stop loss @ 30.32

Real Time Updates for Repeat Institutional Readers:

Factset: Request User/Pass

Bloomberg, Reuters, Refinitiv, Zacks, or IB users: Access Here.