When (EDU) Moves Investors should Listen
July 11, 2024, 02:02 am ET, BY Scott B.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for EDU
- Buy EDU slightly over 78.98 target 90.16 stop loss @ 78.75 Details
The technical summary data tells us to buy EDU near 78.98 with an upside target of 90.16. This data also tells us to set a stop loss @ 78.75 to protect against excessive loss in case the stock begins to move against the trade. 78.98 is the first level of support below 79.8 , and by rule, any test of support is a buy signal. In this case, support 78.98 would be being tested, so a buy signal would exist.
- Short EDU slightly under 90.16, target 78.98, stop loss @ 90.42 Details
The technical summary data is suggesting a short of EDU as it gets near 90.16 with a downside target of 78.98. We should have a stop loss in place at 90.42though. 90.16 is the first level of resistance above 79.8, and by rule, any test of resistance is a short signal. In this case, if resistance 90.16 is being tested, so a short signal would exist.
Swing Trading Plans for EDU
- Buy EDU slightly over 82.7, target 90.16, Stop Loss @ 82.46 Details
If 82.7 begins to break higher, the technical summary data tells us to buy EDU just slightly over 82.7, with an upside target of 90.16. The data also tells us to set a stop loss @ 82.46 in case the stock turns against the trade. 82.7 is the first level of resistance above 79.8, and by rule, any break above resistance is a buy signal. In this case, 82.7, 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 EDU slightly near 82.7, target 79.57, Stop Loss @ 82.94. Details
The technical summary data is suggesting a short of EDU if it tests 82.7 with a downside target of 79.57. We should have a stop loss in place at 82.94 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, 82.7, 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 EDU
- Buy EDU slightly over 80.69, target 82.7, Stop Loss @ 80.5 Details
If 80.69 begins to break higher, the technical summary data tells us to buy EDU just slightly over 80.69, with an upside target of 82.7. The data also tells us to set a stop loss @ 80.5 in case the stock turns against the trade. 80.69 is the first level of resistance above 79.8, and by rule, any break above resistance is a buy signal. In this case, 80.69, 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 EDU slightly near 80.69, target 79.57, Stop Loss @ 80.88. Details
The technical summary data is suggesting a short of EDU if it tests 80.69 with a downside target of 79.57. We should have a stop loss in place at 80.88 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, 80.69, 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 New Oriental Education & Technology Group Inc. Sponsored Adr Representing 10 (cayman Islands) (EDU) available here: EDU.
EDU Ratings for July 11:
| Term → | Near |
Mid |
Long |
|---|
| Rating |
Neutral |
Strong |
Strong |
| P1 |
0 |
0 |
78.98 |
| P2 |
78.73 |
79.57 |
90.16 |
| P3 |
80.69 |
82.7 |
101.97 |
AI Generated Signals for EDU
Blue = Current Price
Red= Resistance
Green = Support
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How do we know what is going on #behindthescenes of a company? According to Stock Traders Daily, a 20-year #financialindustry innovator, the best way to do this to to watch the price action in the stock. The New Oriental Education & Technology Group Inc. Sponsored Adr Representing 10 (cayman Islands) (NYSE: EDU) report below is a real world example. Included are trading plans for EDU, but this report is static. If you want an update, or a different stock, please get one here Unlimited Real Time Reports.
Fundamental Charts for EDU:
