When the Price of (XMMO) Talks, People Listen
December 28, 2024, 17:08 pm ET, BY Bill T.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for XMMO
- Buy XMMO near 122.48 target 129.95 stop loss @ 122.13 Details
The technical summary data tells us to buy XMMO near 122.48 with an upside target of 129.95. This data also tells us to set a stop loss @ 122.13 to protect against excessive loss in case the stock begins to move against the trade. 122.48 is the first level of support below 124.54 , and by rule, any test of support is a buy signal. In this case, support 122.48 would be being tested, so a buy signal would exist.
- Short XMMO slightly under 129.95, target 122.48, stop loss @ 130.33 Details
The technical summary data is suggesting a short of XMMO as it gets near 129.95 with a downside target of 122.48. We should have a stop loss in place at 130.33though. 129.95 is the first level of resistance above 124.54, and by rule, any test of resistance is a short signal. In this case, if resistance 129.95 is being tested, so a short signal would exist.
Swing Trading Plans for XMMO
- Buy XMMO slightly over 129.95, target 137.28, Stop Loss @ 129.57 Details
If 129.95 begins to break higher, the technical summary data tells us to buy XMMO just slightly over 129.95, with an upside target of 137.28. The data also tells us to set a stop loss @ 129.57 in case the stock turns against the trade. 129.95 is the first level of resistance above 124.54, and by rule, any break above resistance is a buy signal. In this case, 129.95, 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 XMMO slightly near 129.95, target 124.5, Stop Loss @ 130.33. Details
The technical summary data is suggesting a short of XMMO if it tests 129.95 with a downside target of 124.5. We should have a stop loss in place at 130.33 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, 129.95, 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 XMMO
- Buy XMMO slightly over 125.61, target 129.95, Stop Loss @ 125.32 Details
If 125.61 begins to break higher, the technical summary data tells us to buy XMMO just slightly over 125.61, with an upside target of 129.95. The data also tells us to set a stop loss @ 125.32 in case the stock turns against the trade. 125.61 is the first level of resistance above 124.54, and by rule, any break above resistance is a buy signal. In this case, 125.61, 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 XMMO slightly near 125.61, target 124.5, Stop Loss @ 125.9. Details
The technical summary data is suggesting a short of XMMO if it tests 125.61 with a downside target of 124.5. We should have a stop loss in place at 125.9 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, 125.61, 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 Invesco S&p Midcap Momentum Etf (XMMO) available here: XMMO.
XMMO Ratings for December 28:
| Term → | Near |
Mid |
Long |
|---|
| Rating |
Neutral |
Weak |
Strong |
| P1 |
0 |
0 |
122.48 |
| P2 |
124.14 |
121.23 |
129.95 |
| P3 |
125.61 |
124.5 |
137.28 |
AI Generated Signals for XMMO
Blue = Current Price
Red= Resistance
Green = Support
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This is not EF Hutton, but it could be more #powerful. A picture speaks a thousand words, they say, and the #priceaction of Invesco S&p Midcap Momentum Etf (NASDAQ: XMMO) tells an important story. The movement tells us where investors perceive value, or the lack of it, and if we pay attention we can capture opportunity. The data below for XMMO can be used as an example, and demonstrate how to do this for other stocks too. This data was current at the time of publication, but it is not updated in real time here. If you want real time updates, or data on a different stock, please get one here Unlimited Real Time Reports.
Fundamental Charts for XMMO:
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