When the Price of (EEMA) Talks, People Listen

July 21, 2024, 05:02 am ET, BY Quentin W.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for EEMA

• Buy EEMA slightly over 71.34 target 74.6 stop loss @ 71.13 Details

The technical summary data tells us to buy EEMA near 71.34 with an upside target of 74.6. This data also tells us to set a stop loss @ 71.13 to protect against excessive loss in case the stock begins to move against the trade. 71.34 is the first level of support below 72.48 , and by rule, any test of support is a buy signal. In this case, support 71.34 is being tested, a buy signal would exist.

• Short EEMA slightly under 74.6, target 71.34, stop loss @ 74.82 Details

The technical summary data is suggesting a short of EEMA as it gets near 74.6 with a downside target of 71.34. We should have a stop loss in place at 74.82though. 74.6 is the first level of resistance above 72.48, and by rule, any test of resistance is a short signal. In this case, if resistance 74.6 is being tested, a short signal would exist.

Swing Trading Plans for EEMA

• Buy EEMA slightly over 74.15, target 74.6, Stop Loss @ 73.94 Details

If 74.15 begins to break higher, the technical summary data tells us to buy EEMA just slightly over 74.15, with an upside target of 74.6. The data also tells us to set a stop loss @ 73.94 in case the stock turns against the trade. 74.15 is the first level of resistance above 72.48, and by rule, any break above resistance is a buy signal. In this case, 74.15, 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 74.15, target 71.34, Stop Loss @ 74.36. Details

The technical summary data is suggesting a short of EEMA if it tests 74.15 with a downside target of 71.34. We should have a stop loss in place at 74.36 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, 74.15, 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 73.16, target 73.67, Stop Loss @ 72.99 Details

If 73.16 begins to break higher, the technical summary data tells us to buy EEMA just slightly over 73.16, with an upside target of 73.67. The data also tells us to set a stop loss @ 72.99 in case the stock turns against the trade. 73.16 is the first level of resistance above 72.48, and by rule, any break above resistance is a buy signal. In this case, 73.16, 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 73.16, target 71.34, Stop Loss @ 73.33. Details

The technical summary data is suggesting a short of EEMA if it tests 73.16 with a downside target of 71.34. We should have a stop loss in place at 73.33 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, 73.16, 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 July 21:

Term →	Near	Mid	Long
Rating	Weak	Neutral	Strong
P1	0	0	68.14
P2	73.16	74.15	71.34
P3	73.67	75.89	74.6

AI Generated Signals for EEMA

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This is not EF Hutton, but it could be more #powerful.  A picture speaks a thousand words, they say, and the #priceaction of Ishares Msci Emerging Markets Asia Index Fund (NASDAQ: EEMA) tells an important story.  The movement tells us where investors perceive value, or the lack of it, and if we pay attention we can capture opportunity.  The data below for EEMA can be used as an example, and demonstrate how to do this for other stocks too.  This data was current at the time of publication, but it is not updated in real time here. If you want real time updates, or data on a different stock, please get one here Unlimited Real Time Reports.