Longer Term Trading Plans for EWV
- Buy EWV near 37.49 target 40.35 stop loss @ 37.38
- Short EWV slightly under 40.35, target 37.49, stop loss @ 40.47
March 20, 2025, 10:36 am ET, BY William C.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
The technical summary data tells us to buy EWV near 37.49 with an upside target of 40.35. This data also tells us to set a stop loss @ 37.38 to protect against excessive loss in case the stock begins to move against the trade. 37.49 is the first level of support below 37.6 , and by rule, any test of support is a buy signal. In this case, support 37.49 would be being tested, so a buy signal would exist.
The technical…







