How the (EDEN) price action is used to our Advantage
February 09, 2025, 22:44 pm ET, BY Quentin W.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for EDEN
- Buy EDEN near 105.64 target 113.74 stop loss @ 105.33 Details
The technical summary data tells us to buy EDEN near 105.64 with an upside target of 113.74. This data also tells us to set a stop loss @ 105.33 to protect against excessive loss in case the stock begins to move against the trade. 105.64 is the first level of support below 106.567 , and by rule, any test of support is a buy signal. In this case, support 105.64 would be being tested, so a buy signal would exist.
- Short EDEN slightly under 113.74, target 105.64, stop loss @ 114.07 Details
The technical summary data is suggesting a short of EDEN as it gets near 113.74 with a downside target of 105.64. We should have a stop loss in place at 114.07though. 113.74 is the first level of resistance above 106.567, and by rule, any test of resistance is a short signal. In this case, if resistance 113.74 is being tested, so a short signal would exist.
Swing Trading Plans for EDEN
- Buy EDEN slightly over 107.17, target 113.74, Stop Loss @ 106.86 Details
If 107.17 begins to break higher, the technical summary data tells us to buy EDEN just slightly over 107.17, with an upside target of 113.74. The data also tells us to set a stop loss @ 106.86 in case the stock turns against the trade. 107.17 is the first level of resistance above 106.567, and by rule, any break above resistance is a buy signal. In this case, 107.17, 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 EDEN slightly near 107.17, target 105.64, Stop Loss @ 107.48. Details
The technical summary data is suggesting a short of EDEN if it tests 107.17 with a downside target of 105.64. We should have a stop loss in place at 107.48 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, 107.17, 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 EDEN
- Buy EDEN slightly over 107.21, target 108.39, Stop Loss @ 106.96 Details
If 107.21 begins to break higher, the technical summary data tells us to buy EDEN just slightly over 107.21, with an upside target of 108.39. The data also tells us to set a stop loss @ 106.96 in case the stock turns against the trade. 107.21 is the first level of resistance above 106.567, and by rule, any break above resistance is a buy signal. In this case, 107.21, 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 EDEN slightly near 107.21, target 105.64, Stop Loss @ 107.46. Details
The technical summary data is suggesting a short of EDEN if it tests 107.21 with a downside target of 105.64. We should have a stop loss in place at 107.46 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, 107.21, 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 Denmark Etf (EDEN) available here: EDEN.
EDEN Ratings for February 09:
Term → | Near |
Mid |
Long |
Rating |
Strong |
Neutral |
Neutral |
P1 |
0 |
0 |
105.64 |
P2 |
107.21 |
104.79 |
113.74 |
P3 |
108.39 |
107.17 |
121.96 |
AI Generated Signals for EDEN
Blue = Current Price
Red= Resistance
Green = Support
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Our job as #investors is to pay attention to the #stocks we own. Part of that involves looking at the #fundamentals, but half of the disclosure comes from looking at price action. The Ishares Msci Denmark Etf (NASDAQ: EDEN) data table below can help you with price action, and we have more details too. Trading plans for EDEN are shown here too; these plans are updated in real time for subscribers, where this report is static. If you want an update, or a report on a different stock, please get one here Unlimited Real Time Reports.
Fundamental Charts for EDEN: