Currently, EW Stock Price (Edwards Lifesciences Corporation) in the chart is $79.14. The long-term trend of this stock price is reduced after reaching the all time high in December 2021. EW Stock Price retested the ATH in April 2022 and continuously decreased later. The trend of medium term, this stock is in the trend of technical regression by week. The highest price of this short-term trend can reach $84 – $90. The price will then continue to follow the long-term trend.
Trading ideas: The trader can open the short position in this price area to the price range of $ 85. Stop loss if the price is closed over $ 93. Take profit at target $ 51 in the long term trend.