Learn to Evaluate Spdr S&p Semiconductor (XSD) using the Charts

October 25, 2021, 12:45 pm ET, BY Robert S.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

When #institutionalinvestors make decisions to buy and sell #stocks they normally want to keep it quiet.  However, if we pay close attention we can see what is going on, and make good decisions.. The  Spdr S&p Semiconductor (NYSE: XSD) report below can help you understand how to do this. The trading plans for XSD, are updated in real time for subscribers, but this report is static. If you want an update, or a different report on a different stock, please get one here Unlimited Real Time Reports.

Longer Term Trading Plans for XSD

• Buy XSD slightly over 202.73 target 220.77 stop loss @ 202.14 Details

The technical summary data tells us to buy XSD near 202.73 with an upside target of 220.77. This data also tells us to set a stop loss @ 202.14 to protect against excessive loss in case the stock begins to move against the trade. 202.73 is the first level of support below 211.35 , and by rule, any test of support is a buy signal. In this case, support 202.73 is being tested, a buy signal would exist.

• Short XSD under 220.77, target 202.73, stop loss @ 221.41 Details

The technical summary data is suggesting a short of XSD as it gets near 220.77 with a downside target of 202.73. We should have a stop loss in place at 221.41though. 220.77 is the first level of resistance above 211.35, and by rule, any test of resistance is a short signal. In this case, if resistance 220.77 is being tested, a short signal would exist.

Swing Trading Plans for XSD

• Buy XSD slightly over 220.77, target n/a, Stop Loss @ 220.13 Details

If 220.77 begins to break higher, the technical summary data tells us to buy XSD just slightly over 220.77, with an upside target of n/a. The data also tells us to set a stop loss @ 220.13 in case the stock turns against the trade. 220.77 is the first level of resistance above 211.35, and by rule, any break above resistance is a buy signal. In this case, 220.77, 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 XSD near 220.77, target 210.93, Stop Loss @ 221.41. Details

The technical summary data is suggesting a short of XSD if it tests 220.77 with a downside target of 210.93. We should have a stop loss in place at 221.41 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, 220.77, 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 XSD

• Buy XSD slightly over 211.62, target 220.77, Stop Loss @ 211.13 Details

If 211.62 begins to break higher, the technical summary data tells us to buy XSD just slightly over 211.62, with an upside target of 220.77. The data also tells us to set a stop loss @ 211.13 in case the stock turns against the trade. 211.62 is the first level of resistance above 211.35, and by rule, any break above resistance is a buy signal. In this case, 211.62, 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 XSD near 211.62, target 210.93, Stop Loss @ 212.11. Details

The technical summary data is suggesting a short of XSD if it tests 211.62 with a downside target of 210.93. We should have a stop loss in place at 212.11 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, 211.62, 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.

XSD Ratings for October 25:

Term →	Near	Mid	Long
Rating	Neutral	Weak	Strong
P1	0	0	186.00
P2	207.32	206.09	202.73
P3	211.62	210.93	220.77

Support and Resistance Plot Chart for XSD

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