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(ELYM) Investment Analysis
Warning:
The trading plans were valid at the time this was published, but the support and resistance levels for ELYM change as time passes, and this should be updated in real time. Access those real time updates for this and 1000 other stocks here. Unlimited Real Time Reports
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Instructions:
Use the basic rules of Technical Analysis. Here are some examples: if ELYM is testing support the signal is to buy and target resistance. On the other hand, if resistance is tested, that is a sign to short, and target support. No matter which side the trade is, long or short, the trigger point is both a place to enter and as a risk control.
Swing Trades, Day Trades, and Longer term Trading Plans:
This data can be used to define Day Trading, Swing Trading, and Long Term Investing plans for ELYM too. All of these are offered here: Access our Real Time Trading Plans
Longer Term Trading Plans for ELYM
- Buy ELYM slightly over 8.16 target n/a stop loss @ 8.14.
- NONE .
Swing Trading Plans for ELYM
- Buy ELYM slightly over 9.24, target n/a, Stop Loss @ 9.21
- Short ELYM slightly near 9.24, target 8.43, Stop Loss @ 9.27.
Day Trading Plans for ELYM
- Buy ELYM slightly over 8.95, target 9.24, Stop Loss @ 8.93
- Short ELYM slightly near 8.95, target 8.43, Stop Loss @ 8.97.
ELYM Technical Summary | Raw Data for the Trading Plans
Term → | Near | Mid | Long |
---|---|---|---|
Bias | Weak | Strong | Strong |
P1 | 0 | 0 | 3.56 |
P2 | 8.41 | 8.43 | 5.58 |
P3 | 8.95 | 9.24 | 8.16 |
![ELYM Long Term Analysis for June 17 2024 ELYM Long Term Analysis for June 17 2024](https://news.stocktradersdaily.com/media/308869_ELYM_graph.jpg)
COMTEX_453913111/2570/2024-06-17T07:25:39