Learn to Evaluate (EEMA) using the Charts

May 30, 2024, 13:10 pm ET, BY Mitchell H.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for EEMA

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Swing Trading Plans for EEMA

• Buy EEMA slightly over 71.6, target 72.94, Stop Loss @ 71.39 Details

If 71.6 begins to break higher, the technical summary data tells us to buy EEMA just slightly over 71.6, with an upside target of 72.94. The data also tells us to set a stop loss @ 71.39 in case the stock turns against the trade. 71.6 is the first level of resistance above 71.22, and by rule, any break above resistance is a buy signal. In this case, 71.6, 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 71.6, target 71.22, Stop Loss @ 71.81. Details

The technical summary data is suggesting a short of EEMA if it tests 71.6 with a downside target of 71.22. We should have a stop loss in place at 71.81 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, 71.6, 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 71.6, target 71.97, Stop Loss @ 71.43 Details

If 71.6 begins to break higher, the technical summary data tells us to buy EEMA just slightly over 71.6, with an upside target of 71.97. The data also tells us to set a stop loss @ 71.43 in case the stock turns against the trade. 71.6 is the first level of resistance above 71.22, and by rule, any break above resistance is a buy signal. In this case, 71.6, 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 71.6, target 71.22, Stop Loss @ 71.77. Details

The technical summary data is suggesting a short of EEMA if it tests 71.6 with a downside target of 71.22. We should have a stop loss in place at 71.77 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, 71.6, 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 May 30:

Term →	Near	Mid	Long
Rating	Neutral	Neutral	Neutral
P1	0	0	64.7
P2	71.17	71.6	67.95
P3	71.97	72.94	71.22

AI Generated Signals for EEMA

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When #institutionalinvestors make decisions to buy and sell #stocks they normally want to keep it quiet.  However, if we pay close attention we can see what is going on, and make good decisions.. The  Ishares Msci Emerging Markets Asia Index Fund (NASDAQ: EEMA) report below can help you understand how to do this. The trading plans for EEMA, are updated in real time for subscribers, but this report is static. If you want an update, or a different report on a different stock, please get one here Unlimited Real Time Reports.