pool adsHow to trade Waddell & Reed Fnancial $WDR With Risk Controls
Price matters most to making money in the market. Celebrating 20 years, Stock Traders Daily provides the tools that help you develop investment strategies, and this is a good example. When we couple this with our market based analysis, the probabilities of going with the flow increases, and that is material over time. The Waddell & Reed Fnancial (NYSE: WDR) report below can help you, but we have more details too. The trading plans for WDR, and the other 1000+ stocks we follow, are updated in real time for subscribers, but this report is static. If you want an update, or a different report, please get one here Unlimited Real Time Reports.
Technical Summary
| Term → | Near | Mid | Long |
|---|---|---|---|
| Rating | Neutral | Neutral | Strong |
| P1 | 0 | 0 | 20.33 |
| P2 | 25.15 | 25.21 | 23.15 |
| P3 | 0 | 25.84 |
Support and Resistance Plot Chart for WDR
Long Term Trading Plans for WDR
February 22, 2021, 2:45 am ET
The Technical Summary and Trading Plans for WDR 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 WDR Report.
WDR - (Long) Support Plan
The technical summary data tells us to buy WDR near 23.15 with an upside target of 25.84. This data also tells us to set a stop loss @ 23.08 to protect against excessive loss in case the stock begins to move against the trade. 23.15 is the first level of support below 25.07 , and by rule, any test of support is a buy signal. In this case, support 23.15 is being tested, a buy signal would exist.
WDR - (Short) Resistance Plan
The technical summary data is suggesting a short of WDR as it gets near 25.84 with a downside target of 23.15. We should have a stop loss in place at 25.91though. 25.84 is the first level of resistance above 25.07, and by rule, any test of resistance is a short signal. In this case, if resistance 25.84 is being tested, a short signal would exist.
Blue = Current Price
Red= Resistance
Green = Support
Real Time Updates for Repeat Institutional Readers:
Factset: Request User/Pass
Bloomberg, Reuters, Refinitiv, Zacks, or IB users: Access Here.
Our Market Crash Leading Indicator is Evitar Corte.
Evitar Corte warned of market crash risk four times since 2000.
It identified the Internet Debacle before it happened.
It identified the Credit Crisis before it happened.
It identified the Corona Crash too.
See what Evitar Corte is Saying Now.
Get Notified When our Ratings Change: Take a Trial
