How the (ESML) price action is used to our Advantage
April 16, 2024, 04:48 am ET, BY Rick O.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for ESML
- Buy ESML slightly over 35.83 target 38.14 stop loss @ 35.73 Details
The technical summary data tells us to buy ESML near 35.83 with an upside target of 38.14. This data also tells us to set a stop loss @ 35.73 to protect against excessive loss in case the stock begins to move against the trade. 35.83 is the first level of support below 37.53 , and by rule, any test of support is a buy signal. In this case, support 35.83 would be being tested, so a buy signal would exist.
- Short ESML slightly under 38.14, target 35.83, stop loss @ 38.25 Details
The technical summary data is suggesting a short of ESML as it gets near 38.14 with a downside target of 35.83. We should have a stop loss in place at 38.25though. 38.14 is the first level of resistance above 37.53, and by rule, any test of resistance is a short signal. In this case, if resistance 38.14 is being tested, so a short signal would exist.
Swing Trading Plans for ESML
- Buy ESML slightly over 37.69, target 38.14, Stop Loss @ 37.58 Details
If 37.69 begins to break higher, the technical summary data tells us to buy ESML just slightly over 37.69, with an upside target of 38.14. The data also tells us to set a stop loss @ 37.58 in case the stock turns against the trade. 37.69 is the first level of resistance above 37.53, and by rule, any break above resistance is a buy signal. In this case, 37.69, 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 ESML slightly near 37.69, target 35.83, Stop Loss @ 37.8. Details
The technical summary data is suggesting a short of ESML if it tests 37.69 with a downside target of 35.83. We should have a stop loss in place at 37.8 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, 37.69, 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.
Day Trading Plans for ESML
- Buy ESML slightly over 37.82, target 38.14, Stop Loss @ 37.73 Details
If 37.82 begins to break higher, the technical summary data tells us to buy ESML just slightly over 37.82, with an upside target of 38.14. The data also tells us to set a stop loss @ 37.73 in case the stock turns against the trade. 37.82 is the first level of resistance above 37.53, and by rule, any break above resistance is a buy signal. In this case, 37.82, 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 ESML slightly near 37.82, target 37.37, Stop Loss @ 37.91. Details
The technical summary data is suggesting a short of ESML if it tests 37.82 with a downside target of 37.37. We should have a stop loss in place at 37.91 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, 37.82, 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 Esg Aware Msci Usa Small-cap Etf (ESML) available here: ESML.
ESML Ratings for April 16:
| Term → | Near |
Mid |
Long |
|---|
| Rating |
Weak |
Neutral |
Strong |
| P1 |
0 |
0 |
35.83 |
| P2 |
37.37 |
37.69 |
38.14 |
| P3 |
37.82 |
38.5 |
40.33 |
AI Generated Signals for ESML
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 Esg Aware Msci Usa Small-cap Etf (NASDAQ: ESML) data table below can help you with price action, and we have more details too. Trading plans for ESML 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 ESML:
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