(EFR) Trading Advice

Longer Term Trading Plans for EFR

• Details
• Details

Swing Trading Plans for EFR

• Buy EFR slightly over n/a, target n/a, Stop Loss @ 0 Details

If n/a begins to break higher, the technical summary data tells us to buy EFR just slightly over n/a, with an upside target of n/a. The data also tells us to set a stop loss @ 0 in case the stock turns against the trade. n/a is the first level of resistance above 13.14, and by rule, any break above resistance is a buy signal. In this case, n/a, 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 EFR slightly near n/a, target 12.88, Stop Loss @ 0. Details

The technical summary data is suggesting a short of EFR if it tests n/a with a downside target of 12.88. We should have a stop loss in place at 0 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, n/a, 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 EFR

• Buy EFR slightly over 13.29, target n/a, Stop Loss @ 13.26 Details

If 13.29 begins to break higher, the technical summary data tells us to buy EFR just slightly over 13.29, with an upside target of n/a. The data also tells us to set a stop loss @ 13.26 in case the stock turns against the trade. 13.29 is the first level of resistance above 13.14, and by rule, any break above resistance is a buy signal. In this case, 13.29, 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 EFR slightly near 13.29, target 12.88, Stop Loss @ 13.32. Details

The technical summary data is suggesting a short of EFR if it tests 13.29 with a downside target of 12.88. We should have a stop loss in place at 13.32 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, 13.29, 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 Eaton Vance Senior Floating-rate Fund Of Beneficial Interest (EFR) available here: EFR.

EFR Ratings for February 05:

Term →	Near	Mid	Long
Rating	Neutral	Neutral	Neutral
P1	0	0	12.61
P2	13.29	13.28	12.88
P3	0		13.14

AI Generated Signals for EFR

Real Time Updates for Repeat Institutional Readers:

• Factset: Request User/Pass
• Bloomberg, Reuters, Refinitiv, Zacks, or IB users: Access Here.

Instructions:

• Click the Get Real Time Updates button below.

• In the login prompt, select forgot username

• Type the email you use for Factset

• Use the user/pass you receive to login

• You will have 24/7 access to real time updates.

From then on you can just click to get the real time update whenever you want.

GET REAL TIME UPDATES