How the price action of John Wiley & Sons (JW.A) is used to our Advantage

December 08, 2021, 04:00 am ET, BY Thomas H. Kee Jr- Editor, Stock Traders Daily| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Our job as #investors is to pay attention to the #stocks we own.  Part of that involves looking at the #fundamentals, but half of the disclosure comes from looking at price action. The  John Wiley & Sons (NASDAQ: JW.A) data table below can help you with price action, and we have more details too. Trading plans for JW.A are shown here too; these plans are updated in real time for subscribers, where this report is static. If you want an update, or a report on a different stock, please get one here Unlimited Real Time Reports.

Longer Term Trading Plans for JW.A

• Buy JW.A slightly over 53.18 target 58.92 stop loss @ 53.03 Details

The technical summary data tells us to buy JW.A near 53.18 with an upside target of 58.92. This data also tells us to set a stop loss @ 53.03 to protect against excessive loss in case the stock begins to move against the trade. 53.18 is the first level of support below 54.53 , and by rule, any test of support is a buy signal. In this case, support 53.18 would be being tested, so a buy signal would exist.

• Short JW.A under 58.92, target 53.18, stop loss @ 59.09 Details

The technical summary data is suggesting a short of JW.A as it gets near 58.92 with a downside target of 53.18. We should have a stop loss in place at 59.09though. 58.92 is the first level of resistance above 54.53, and by rule, any test of resistance is a short signal. In this case, if resistance 58.92 is being tested, so a short signal would exist.

Swing Trading Plans for JW.A

• Buy JW.A slightly over 56.00, target 58.92, Stop Loss @ 55.84 Details

If 56.00 begins to break higher, the technical summary data tells us to buy JW.A just slightly over 56.00, with an upside target of 58.92. The data also tells us to set a stop loss @ 55.84 in case the stock turns against the trade. 56.00 is the first level of resistance above 54.53, and by rule, any break above resistance is a buy signal. In this case, 56.00, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

• Short JW.A near 56.00, target 53.18, Stop Loss @ 56.16. Details

The technical summary data is suggesting a short of JW.A if it tests 56.00 with a downside target of 53.18. We should have a stop loss in place at 56.16 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 56.00, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Day Trading Plans for JW.A

• Buy JW.A slightly over 56.12, target 57.10, Stop Loss @ 55.99 Details

If 56.12 begins to break higher, the technical summary data tells us to buy JW.A just slightly over 56.12, with an upside target of 57.10. The data also tells us to set a stop loss @ 55.99 in case the stock turns against the trade. 56.12 is the first level of resistance above 54.53, and by rule, any break above resistance is a buy signal. In this case, 56.12, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

• Short JW.A near 56.12, target 53.18, Stop Loss @ 56.25. Details

The technical summary data is suggesting a short of JW.A if it tests 56.12 with a downside target of 53.18. We should have a stop loss in place at 56.25 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 56.12, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

JW.A Ratings for December 08:

Term →	Near	Mid	Long
Rating	Strong	Neutral	Strong
P1	0	0	53.18
P2	56.12	53.12	58.92
P3	57.10	56.00	64.70

Support and Resistance Plot Chart for JW.A

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