NEW ORIENTAL ED & TECHNOLOGY GP INCNEW ORIENTAL ED & TECHNOLOGY GP INCNEW ORIENTAL ED & TECHNOLOGY GP INC

NEW ORIENTAL ED & TECHNOLOGY GP INC

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NEW ORIENTAL ED & TECHNOLOGY GP INC stock discussion

9901

Technical Buy Opportunity for New Oriental Education & Technology Group Inc (9901) Amid Strong Growth Signals

Stock Performance and Entry Points
As of October 2, 2024, New Oriental Education & Technology Group Inc is identified as a technical buy. The broker suggests multiple entry price levels for investors, reflecting a strategy focused on accumulating the stock during market pullbacks.

Entry Price(s):
62.00
52.70
48.50
Risk Management: Stop Loss
To manage downside risk, the report suggests a stop loss level at 42.60, providing protection in case the stock’s price moves below expectations.

Stop Loss: 42.60
Target Price Levels
The report outlines four target price levels for the stock, offering a clear roadmap for potential gains based on technical analysis. Each target suggests an incremental increase in the stock’s price as it continues to perform well.

Target 1: 76.12
Target 2: 80.50
Target 3: 90.40
Target 4: 102.50

EDUUSDT Open Campus EDU has pumped +37% because of this recent tweet from CZ
Snapshot

EDU testing trendline resistance on hourly timeframe. Wait for rejection or breakout and retest!
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