Influential #investors can create defining moments in a stock's price, by simply making large #buyandsell decisions, and Edwards Lifesciences (NYSE: EW) 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 EW 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 .
Longer Term Trading Plans for EW
May 24, 2021, 7:15 pm ET
Our Longer Term Plans for EW 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 EW Report.
EW - (Long) Support Plan
Buy over 91.04 target 96.64 stop loss @ 90.78
EW - (Short) Resistance Plan
Short under 96.64, target 91.04, stop loss @ 96.92