The Ishares Msci Hong Kong Index (NYSE: EWH) report below can help you, but we have more details too. The trading plans for EWH, 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 .
Technical Summary
Term ? | Near | Mid | Long |
---|---|---|---|
Bias | Weak | Neutral | Neutral |
P1 | 0 | 0 | 19.25 |
P2 | 21.77 | 21.71 | 21.03 |
P3 | 0 | 22.04 | 22.48 |
Long Term Trading Plans for EWH
October 31, 2020, 10:30 am ET
The Technical Summary and Trading Plans for EWH help you determine where to buy, sell, and set risk controls. The data is best used in conjunction with our Market Analysis and Stock Correlation Filters too, because those help us go with the flow of the market as well. Going with the flow is extremely important, so review our Market Analysis with this EWH Report.
EWH - (Long) Support Plan
The technical summary data tells us to buy EWH near 21.03 with an upside target of 22.48. This data also tells us to set a stop loss @ 20.97 to protect against excessive loss in case the stock begins to move against the trade. 21.03 is the first level of support below 21.5 , and by rule, any test of support is a buy signal. In this case, support 21.03 is being tested, a buy signal would exist.
EWH - (Short) Resistance Plan
The technical summary data is suggesting a short of EWH as it gets near 22.48 with a downside target of 21.03. We should have a stop loss in place at 22.54 though. 22.48 is the first level of resistance above 21.5, and by rule, any test of resistance is a short signal. In this case, if resistance 22.48 is being tested, a short signal would exist.