How the (KOLD) price action is used to our Advantage
March 03, 2024, 06:16 am ET, BY Bill T.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for KOLD
- Buy KOLD slightly over 98.27 target 130.79 stop loss @ 97.99 Details
The technical summary data tells us to buy KOLD near 98.27 with an upside target of 130.79. This data also tells us to set a stop loss @ 97.99 to protect against excessive loss in case the stock begins to move against the trade. 98.27 is the first level of support below 127.35 , and by rule, any test of support is a buy signal. In this case, support 98.27 is being tested, a buy signal would exist.
- Short KOLD slightly under 130.79, target 98.27, stop loss @ 131.17 Details
The technical summary data is suggesting a short of KOLD as it gets near 130.79 with a downside target of 98.27. We should have a stop loss in place at 131.17though. 130.79 is the first level of resistance above 127.35, and by rule, any test of resistance is a short signal. In this case, if resistance 130.79 is being tested, a short signal would exist.
Swing Trading Plans for KOLD
- Buy KOLD slightly over 130.79, target n/a, Stop Loss @ 130.41 Details
If 130.79 begins to break higher, the technical summary data tells us to buy KOLD just slightly over 130.79, with an upside target of n/a. The data also tells us to set a stop loss @ 130.41 in case the stock turns against the trade. 130.79 is the first level of resistance above 127.35, and by rule, any break above resistance is a buy signal. In this case, 130.79, 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 KOLD slightly near 130.79, target 125.33, Stop Loss @ 131.17. Details
The technical summary data is suggesting a short of KOLD if it tests 130.79 with a downside target of 125.33. We should have a stop loss in place at 131.17 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, 130.79, 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 KOLD
- Buy KOLD slightly over 130.79, target n/a, Stop Loss @ 130.48 Details
If 130.79 begins to break higher, the technical summary data tells us to buy KOLD just slightly over 130.79, with an upside target of n/a. The data also tells us to set a stop loss @ 130.48 in case the stock turns against the trade. 130.79 is the first level of resistance above 127.35, and by rule, any break above resistance is a buy signal. In this case, 130.79, 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 KOLD slightly near 130.79, target 125.67, Stop Loss @ 131.1. Details
The technical summary data is suggesting a short of KOLD if it tests 130.79 with a downside target of 125.67. We should have a stop loss in place at 131.1 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, 130.79, 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 Proshares Ultrashort Bloomberg Natural Gas -2x Shares (KOLD) available here: KOLD.
KOLD Ratings for March 03:
| Term → | Near |
Mid |
Long |
|---|
| Rating |
Weak |
Weak |
Strong |
| P1 |
0 |
0 |
69.34 |
| P2 |
114.31 |
104.55 |
98.27 |
| P3 |
125.67 |
125.33 |
130.79 |
AI Generated Signals for KOLD
Blue = Current Price
Red= Resistance
Green = Support
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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 Proshares Ultrashort Bloomberg Natural Gas -2x Shares (NASDAQ: KOLD) data table below can help you with price action, and we have more details too. Trading plans for KOLD 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.
Fundamental Charts for KOLD:
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