EWA - When Investors Make Decisions in Ishares Msci Australia Index #EWA Opportunities Surface
Influential #investors can create defining moments in a stock's price, by simply making large #buyandsell decisions, and Ishares Msci Australia Index (NYSE: EWA) is no exception. Pivot points in a chart pattern are often created by these events, and as we have learned this does not require institutional investment decisions. For EWA like every other stock, smaller investors can be heard as well, but one thing is the same. No matter what class of influential investor is speaking, we can hear what they are saying with their pocketbooks by looking at price action; that is exactly what we have done below. This changes over time, so we suggest updating the data for the most actionable results, but this static example also demonstrates how this is done. For an update, please request Unlimited Real Time Reports .
Technical Summary
| Term ? | Near | Mid | Long |
|---|---|---|---|
| Bias | |||
| Neutral | |||
| Neutral | |||
| Strong | |||
| P1 | |||
| 0 | |||
| 0 | |||
| 25.31 | |||
| P2 | |||
| 26.10 | |||
| 26.26 | |||
| 26.29 | |||
| P3 | |||
| 26.67 | |||
| 26.89 | |||
| 27.31 |
Longer Term Trading Plans for EWA
May 14, 2021, 1:00 pm ET
Our Longer Term Plans for EWA help you determine where to buy, sell, short, and set risk controls. Use this in conjunction with our Longer Term Market Analysis to go with the flow of the market as well. Going with the flow is extremely important, so review our Market Analysis and see how it helps you work with this EWA Report.
EWA - (Long) Support Plan
Buy over 26.29 target 27.31 stop loss @ 26.21
EWA - (Short) Resistance Plan
Short under 27.31, target 26.29, stop loss @ 27.39