Bldrs Emerging Markets 50 Adr $ADRE Technical Update – Stock Traders Daily

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Bldrs Emerging Markets 50 Adr $ADRE Technical Update

The Bldrs Emerging Markets 50 Adr (NASDAQ: ADRE) update and the technical summary table below can help you manage risk and optimize returns. We have day, swing, and longer-term trading plans for ADRE, and 1300 other stocks too, updated in real time for our trial subscribers. The data below is a snapshot, but updates are available now.

Review the Trading Plans:

Technical Summary

Term → Near Mid Long
Bias Neutral Neutral Neutral
P1 39.99 38.25 37.76
P2 40.49 39.82 39.81
P3 40.98 41.42 41.68

Long Term Trading Plans for ADRE

October 4, 2018, 4:45 am ET

The Technical Summary and Trading Plans for ADRE help you determine where to buy, sell, and set risk controls. The data is best used in conjunction with our Market Analysis and Stock Correlation Filters too, because those help us go with the flow of the market as well. Going with the flow is extremely important, so review our Market Analysis with this ADRE Report.

ADRE – (Long) Support Plan

Buy over 39.81 target 41.68 stop loss @ 39.55.
The technical summary data tells us to buy ADRE near 39.81 with an upside target of 41.68. This data also tells us to set a stop loss @ 39.55 to protect against excessive loss in case the stock begins to move against the trade. 39.81 is the first level of support below 40.47 , and by rule, any test of support is a buy signal. In this case, support 39.81 is being tested, a buy signal would exist.

ADRE – (Short) Resistance Plan

Short under 41.68 target 39.81 stop loss @ 41.94
The technical summary data is suggesting a short of ADRE as it gets near 41.68 with a downside target of 39.81. We should have a stop loss in place at 41.94 though. 41.68 is the first level of resistance above 40.47, and by rule, any test of resistance is a short signal. In this case, if resistance 41.68 is being tested, a short signal would exist.

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