Trading (EMC) With Integrated Risk Controls

December 19, 2024, 06:36 am ET, BY Mitchell H.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for EMC

• Buy EMC near 26.16 target 27.43 stop loss @ 26.08 Details

The technical summary data tells us to buy EMC near 26.16 with an upside target of 27.43. This data also tells us to set a stop loss @ 26.08 to protect against excessive loss in case the stock begins to move against the trade. 26.16 is the first level of support below 26.3037 , and by rule, any test of support is a buy signal. In this case, support 26.16 would be being tested, so a buy signal would exist.

• Short EMC slightly under 27.43, target 26.16, stop loss @ 27.51 Details

The technical summary data is suggesting a short of EMC as it gets near 27.43 with a downside target of 26.16. We should have a stop loss in place at 27.51though. 27.43 is the first level of resistance above 26.3037, and by rule, any test of resistance is a short signal. In this case, if resistance 27.43 is being tested, so a short signal would exist.

Swing Trading Plans for EMC

• Buy EMC slightly over 26.78, target 27.43, Stop Loss @ 26.7 Details

If 26.78 begins to break higher, the technical summary data tells us to buy EMC just slightly over 26.78, with an upside target of 27.43. The data also tells us to set a stop loss @ 26.7 in case the stock turns against the trade. 26.78 is the first level of resistance above 26.3037, and by rule, any break above resistance is a buy signal. In this case, 26.78, 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 EMC slightly near 26.78, target 26.16, Stop Loss @ 26.86. Details

The technical summary data is suggesting a short of EMC if it tests 26.78 with a downside target of 26.16. We should have a stop loss in place at 26.86 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, 26.78, 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 EMC

• Buy EMC slightly over 26.93, target 27.43, Stop Loss @ 26.87 Details

If 26.93 begins to break higher, the technical summary data tells us to buy EMC just slightly over 26.93, with an upside target of 27.43. The data also tells us to set a stop loss @ 26.87 in case the stock turns against the trade. 26.93 is the first level of resistance above 26.3037, and by rule, any break above resistance is a buy signal. In this case, 26.93, 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 EMC slightly near 26.93, target 26.16, Stop Loss @ 26.99. Details

The technical summary data is suggesting a short of EMC if it tests 26.93 with a downside target of 26.16. We should have a stop loss in place at 26.99 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, 26.93, 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 Global X Emerging Markets Great Consumer Etf (EMC) available here: EMC.

EMC Ratings for December 19:

Term →	Near	Mid	Long
Rating	Weak	Neutral	Neutral
P1	0	0	26.16
P2	26.72	26.78	27.43
P3	26.93	27.31	28.6

AI Generated Signals for EMC

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Price matters most to #makingmoney in the #stockmarket. Celebrating 20 years, Stock Traders Daily provides the tools that help you develop investment strategies, and this is a good example. When we couple this with our market based analysis, the probabilities of going with the flow increases, and that is material over time. The Global X Emerging Markets Great Consumer Etf (NYSE: EMC) report below can help you, but we have more details too. The trading plans for EMC, and the other 1000+ stocks we follow, are updated in real time for subscribers, but this report is static. If you want an update, or a different report, please get one here Unlimited Real Time Reports.