Trading (EMOT) With Integrated Risk Controls

November 29, 2024, 04:40 am ET, BY Tom S.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for EMOT

• Buy EMOT near 21.4 target 21.85 stop loss @ 21.34 Details

The technical summary data tells us to buy EMOT near 21.4 with an upside target of 21.85. This data also tells us to set a stop loss @ 21.34 to protect against excessive loss in case the stock begins to move against the trade. 21.4 is the first level of support below 21.591 , and by rule, any test of support is a buy signal. In this case, support 21.4 is being tested, a buy signal would exist.

• Short EMOT slightly under 21.85, target 21.4, stop loss @ 21.91 Details

The technical summary data is suggesting a short of EMOT as it gets near 21.85 with a downside target of 21.4. We should have a stop loss in place at 21.91though. 21.85 is the first level of resistance above 21.591, and by rule, any test of resistance is a short signal. In this case, if resistance 21.85 is being tested, a short signal would exist.

Swing Trading Plans for EMOT

• Buy EMOT slightly over 21.61, target 21.85, Stop Loss @ 21.55 Details

If 21.61 begins to break higher, the technical summary data tells us to buy EMOT just slightly over 21.61, with an upside target of 21.85. The data also tells us to set a stop loss @ 21.55 in case the stock turns against the trade. 21.61 is the first level of resistance above 21.591, and by rule, any break above resistance is a buy signal. In this case, 21.61, 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 EMOT slightly near 21.61, target 21.4, Stop Loss @ 21.67. Details

The technical summary data is suggesting a short of EMOT if it tests 21.61 with a downside target of 21.4. We should have a stop loss in place at 21.67 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, 21.61, 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 EMOT

• Buy EMOT slightly over 21.61, target 21.85, Stop Loss @ 21.56 Details

If 21.61 begins to break higher, the technical summary data tells us to buy EMOT just slightly over 21.61, with an upside target of 21.85. The data also tells us to set a stop loss @ 21.56 in case the stock turns against the trade. 21.61 is the first level of resistance above 21.591, and by rule, any break above resistance is a buy signal. In this case, 21.61, 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 EMOT slightly near 21.61, target 21.4, Stop Loss @ 21.66. Details

The technical summary data is suggesting a short of EMOT if it tests 21.61 with a downside target of 21.4. We should have a stop loss in place at 21.66 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, 21.61, 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 First Trust Exchange-traded Fund Vi S&p 500 Economic Moat (EMOT) available here: EMOT.

EMOT Ratings for November 29:

Term →	Near	Mid	Long
Rating	Strong	Neutral	Strong
P1	0	0	20.83
P2	21.85	21.2	21.4
P3	0	21.61	21.85

AI Generated Signals for EMOT

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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 First Trust Exchange-traded Fund Vi S&p 500 Economic Moat (NASDAQ: EMOT) report below can help you, but we have more details too. The trading plans for EMOT, 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.