How the (CEW) price action is used to our Advantage
May 16, 2024, 15:26 pm ET, BY Allen K.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for CEW
- Buy CEW slightly over 17.84 target 18.12 stop loss @ 17.79 Details
The technical summary data tells us to buy CEW near 17.84 with an upside target of 18.12. This data also tells us to set a stop loss @ 17.79 to protect against excessive loss in case the stock begins to move against the trade. 17.84 is the first level of support below 18.08 , and by rule, any test of support is a buy signal. In this case, support 17.84 is being tested, a buy signal would exist.
- Short CEW slightly under 18.12, target 17.84, stop loss @ 18.17 Details
The technical summary data is suggesting a short of CEW as it gets near 18.12 with a downside target of 17.84. We should have a stop loss in place at 18.17though. 18.12 is the first level of resistance above 18.08, and by rule, any test of resistance is a short signal. In this case, if resistance 18.12 is being tested, a short signal would exist.
Swing Trading Plans for CEW
- Buy CEW slightly over n/a, target n/a, Stop Loss @ 0 Details
If n/a begins to break higher, the technical summary data tells us to buy CEW just slightly over n/a, with an upside target of n/a. The data also tells us to set a stop loss @ 0 in case the stock turns against the trade. n/a is the first level of resistance above 18.08, and by rule, any break above resistance is a buy signal. In this case, n/a, 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 CEW slightly near n/a, target 17.57, Stop Loss @ 0. Details
The technical summary data is suggesting a short of CEW if it tests n/a with a downside target of 17.57. We should have a stop loss in place at 0 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, n/a, 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 CEW
- Buy CEW slightly over 18.12, target n/a, Stop Loss @ 18.08 Details
If 18.12 begins to break higher, the technical summary data tells us to buy CEW just slightly over 18.12, with an upside target of n/a. The data also tells us to set a stop loss @ 18.08 in case the stock turns against the trade. 18.12 is the first level of resistance above 18.08, and by rule, any break above resistance is a buy signal. In this case, 18.12, 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 CEW slightly near 18.12, target 17.57, Stop Loss @ 18.16. Details
The technical summary data is suggesting a short of CEW if it tests 18.12 with a downside target of 17.57. We should have a stop loss in place at 18.16 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, 18.12, 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 Wisdomtree Emerging Currency Strategy Fund (CEW) available here: CEW.
CEW Ratings for May 16:
Term → | Near |
Mid |
Long |
Rating |
Neutral |
Neutral |
Neutral |
P1 |
0 |
0 |
17.57 |
P2 |
17.98 |
18.03 |
17.84 |
P3 |
0 |
|
18.12 |
AI Generated Signals for CEW
Blue = Current Price
Red= Resistance
Green = Support
Real Time Updates for Repeat Institutional Readers:
Instructions:Click the Get Real Time Updates button below.
In the login prompt, select forgot username
Type the email you use for Factset
Use the user/pass you receive to login
You will have 24/7 access to real time updates.
From then on you can just click to get the real time update whenever you want.
GET REAL TIME UPDATES
Our Market Crash Leading Indicator isEvitar Corte.
Evitar Corte warned of market crash risk four times since 2000.
It identified the Internet Debacle before it happened.
It identified the Credit Crisis before it happened.
It identified the Corona Crash too.
See what Evitar Corte is Saying Now.
Get Notified When our Ratings Change:Take a Trial
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 Wisdomtree Emerging Currency Strategy Fund (NYSE: CEW) data table below can help you with price action, and we have more details too. Trading plans for CEW 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 CEW: