Keeping a close eye on EDU for a breakout.
New buy signal appeared today. EDU needs to close above 87.15
Weekly chart held support and now breaks out. How you doing @ilovecleanair ?
I make stock analyses before the opening, these levels i draw are strong support/resistance and are the most powerfull on the same day. So i use them the moment when the market opens. You can see somethimes i use 2 - 3 levels because i dont know where the market will open. when the market open i see witch levels are still valid if it gaps above or under my...
EDU tried to break out after strong earnings before Thursdays blood bath which sunk it under. However, it still has potential as the potential with an average analysts price target of 93.50. Entry: 83.96- 10 cents above previous high SL: 82.39 PT: 92.36- 96.55 EDU
chinese names have been hot lately I entered at 53 because of the enormous resistance level (top trend line). and strong support(bottom trend line). It's just been beasting and i wouldnt recommend buying after such a big move. Don't need excess indicators ke NYSE:EDU ep it simple.
recently, there's some bad news on EDU,and the price slipped.but ,its still the NO.1 in its section. whats more,we can see a strong support @39 ,and oversold in RSI. so,what about selling Jun monthly 39puts,maybe we can buy this shares under 39$,and keep it until its earnings
EDU broken down from a long term upward channel.Retested it & seems rolling over. We think it will be good short from here. Trade Criteria Entry Target Criteria- Break of $41.57 Exit Target Criteria- $37.33 Stop Loss Criteria- $43.13 Option: $40 Apr-17 Puts You can check detailed analysis on EDU in the trading room/ Executive summary link...
Based on the slope of the first down wave, there must be another one coming soon. Waiting for a better entry.