Trading (FAS) With Integrated Risk Controls

March 18, 2025, 03:26 am ET, BY Thomas H. Kee Jr- Editor, Stock Traders Daily| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for FAS

• NONE. Details

There is no current Support Plan to trigger a buy of this stock at this time. This usually means that there are no clear support levels at this time, so buying the stock as it falls could be considered catching a falling knife. Buy signals only exist if resistance breaks higher.
This often is a signal that the stock you are watching is weak. Waiting for a turn higher may be more intelligent than trying to catch a falling knife. In any case, new support levels are usually revised to the database at the beginning of the next trading session.

• Short FAS slightly under 153.27, target n/a, stop loss @ 153.71 Details

The technical summary data is suggesting a short of FAS as it gets near 153.27, but the downside target is not available from the current data. This tells us to hold that position if it is triggered until a new downside target has been established (updates occur at the beginning of every trading session) or until the position has been stopped. The summary data tells us to have a stop loss in place at 153.71. 153.27 is the first level of resistance above 151.43, and by rule, any test of resistance is a short signal. In this case, if resistance 153.27 is being tested, so a short signal would exist.

Swing Trading Plans for FAS

• Buy FAS slightly over 153.27, target 174.68, Stop Loss @ 152.83 Details

If 153.27 begins to break higher, the technical summary data tells us to buy FAS just slightly over 153.27, with an upside target of 174.68. The data also tells us to set a stop loss @ 152.83 in case the stock turns against the trade. 153.27 is the first level of resistance above 151.43, and by rule, any break above resistance is a buy signal. In this case, 153.27, 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 FAS slightly near 153.27, target 142.68, Stop Loss @ 153.71. Details

The technical summary data is suggesting a short of FAS if it tests 153.27 with a downside target of 142.68. We should have a stop loss in place at 153.71 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, 153.27, 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 FAS

• Buy FAS slightly over 151.98, target 153.27, Stop Loss @ 151.63 Details

If 151.98 begins to break higher, the technical summary data tells us to buy FAS just slightly over 151.98, with an upside target of 153.27. The data also tells us to set a stop loss @ 151.63 in case the stock turns against the trade. 151.98 is the first level of resistance above 151.43, and by rule, any break above resistance is a buy signal. In this case, 151.98, 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 FAS slightly near 151.98, target 146.15, Stop Loss @ 152.33. Details

The technical summary data is suggesting a short of FAS if it tests 151.98 with a downside target of 146.15. We should have a stop loss in place at 152.33 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, 151.98, 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.

Check the time stamp on this data. Updated AI-Generated Signals for Direxion Daily Financial Bull 3x Shares (FAS) available here: FAS.

FAS Ratings for March 18:

Term →	Near	Mid	Long
Rating	Strong	Weak	Strong
P1	0	0	153.27
P2	146.15	123.95	174.68
P3	151.98	142.68	195.65

AI Generated Signals for FAS

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Price matters most to #makingmoney in the #stockmarket. 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 Direxion Daily Financial Bull 3x Shares (NYSE: FAS) report below can help you, but we have more details too. The trading plans for FAS, 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.