March 20, 2025, 10:36 am ET, BY William C.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for EWV
- Buy EWV near 37.49 target 40.35 stop loss @ 37.38 Details
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.
- Short EWV slightly under 40.35, target 37.49, stop loss @ 40.47 Details
The technical…