This is not EF Hutton, but it could be more #powerful. A picture speaks a thousand words, they say, and the #priceaction of Spdr S&p Metals & Mining (NYSE: XME) tells an important story. The movement tells us where investors perceive value, or the lack of it, and if we pay attention we can capture opportunity. The data below for XME can be used as an example, and demonstrate how to do this for other stocks too. This data was current at the time of publication, but it is not updated in real time here. If you want real time updates, or data on a different stock, please get one here Unlimited Real Time Reports .
Technical Summary
Term ? | Near | Mid | Long |
---|---|---|---|
Bias | Neutral | Strong | Strong |
P1 | 0 | 0 | 38.76 |
P2 | 45.02 | 44.94 | 41.90 |
P3 | 46.78 | 47.08 | 45.35 |
Longer Term Trading Plans for XME
May 20, 2021, 7:00 am ET
Our Longer Term Plans for XME 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 XME Report.
XME - (Long) Support Plan
Buy over 41.90 target 45.35 stop loss @ 41.78
XME - (Short) Resistance Plan
Short under 45.35, target 41.90, stop loss @ 45.48