How we can use the (EMF) price action to our advantage

July 1, 2024, 4:58 AM ET, BY Thomas Y. – Contributor | Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer-term trading plans for EMF

• Buy EMF just above 12.07, target 12.68, stop loss at 12.04 details

The technical summary data tells us to buy EMF at 12.07 with an upside target of 12.68. This data also tells us to set a stop loss at 12.04 to protect ourselves from excessive losses in case the stock starts moving against the trade. 12.07 is the first level of support below 12.36 and any test of support is usually a buy signal. In this case, the support at 12.07 is tested, a buy signal would be present.

• Short EMF just below 12.68, target 12.07, stop loss at 12.72 details

The technical summary data suggests a short of EMF as it approaches 12.68, with a downside target of 12.07. However, we should place a stop loss at 12.72. 12.68 is the first resistance level above 12.36, and any test of resistance is usually a short signal. In this case, a short signal would be present if the 12.68 resistance is tested.

Swing Trading Plans for EMF

• Buy EMF just above n/a, target n/a, stop loss at 0 details

If $1,000 breaks out to the upside, the technical summary data tells us to buy EMF just above $1,000, with an upside target of $1,000. The data also tells us to set a stop loss at 0 in case the stock turns against the trade. $1,000 is the first resistance level above 12.36, and according to the rule, any break above resistance is a buy signal. In this case, $1,000, the initial resistance, would break out to the upside, so a buy signal would be present. Since this plan is based on a break of resistance, it is called a Long Resistance Plan.

• Short EMF just near n/a, target 12.07, stop loss at 0. details

The technical summary data suggests a short of EMF if it tests n/a with a downside target of 12.07. However, we should set a stop loss at 0 in case the stock starts moving against the trade. Any test of resistance is usually a short signal. In this case, a short signal would be present when a resistance, n/a, is tested. Since this plan is a short plan based on a test of resistance, it is called a short resistance plan.

EMF Day Trading Plans

• Buy EMF just above 12.68, target na, stop loss at 12.65 details

If 12.68 starts to rise, the technical summary data tells us to buy EMF just above 12.68, with an upside target of $n/a. The data also tells us to set a stop loss at 12.65 in case the stock turns against the trade. 12.68 is the first resistance level above 12.36, and any break above resistance is usually a buy signal. In this case, 12.68, the initial resistance, would move higher, so a buy signal would be present. Since this plan is based on a break of resistance, it is called a Long Resistance Plan.

• Short EMF just near 12.68, target 12.07, stop loss at 12.71. details

The technical summary data suggests a short of EMF if it tests 12.68 with a downside target of 12.07. However, we should place a stop loss at 12.71 in case the stock starts moving against the trade. Any test of resistance is usually a short signal. In this case, a short signal would be present if the resistance 12.68 is tested. Since this plan is a short plan based on a test of resistance, it is called a short resistance plan.

Check the timestamp of this data. Updated AI-generated signals for Templeton Emerging Markets Fund (EMF) available here: Electromagnetic radiation (EMF).

EMF Ratings for July 1st:

AI-generated signals for EMF

Real-time updates for institutional readers who read regularly:

Instructions:

• Click the “Get real-time updates” button below.

• At the login prompt, select “Forgot username?”

• Enter the email address you use for Factset

• Log in with the username/password you received.

• You have access to real-time updates 24/7.

From then on, you can get the real-time update at any time with a single click.

GET REAL-TIME UPDATES

Our task as #Investors is to pay attention to the #stocks we own. Part of that is looking at the #fundamentals, but half of the disclosure comes from looking at price action. The Templeton Emerging Markets Fund The data table (NYSE:EMF) below can help you with the price action and we also have more details. Trading plans for EMF are also displayed here; these plans are updated in real-time for subscribers, this report is static. If you want an update or report on another stock, you can get it here: Unlimited Real-Time Reports.