When Ishares Core S&p Mid-cap Etf ($IJH) Moves Investors should Listen

May 25, 2023, 07:00 am ET, BY Bill T.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for IJH

• Buy IJH slightly over 237.24 target 252.10 stop loss @ 236.55 Details

The technical summary data tells us to buy IJH near 237.24 with an upside target of 252.10. This data also tells us to set a stop loss @ 236.55 to protect against excessive loss in case the stock begins to move against the trade. 237.24 is the first level of support below 241.53 , and by rule, any test of support is a buy signal. In this case, support 237.24 would be being tested, so a buy signal would exist.

• Short IJH slightly under 252.10, target 237.24, stop loss @ 252.83 Details

The technical summary data is suggesting a short of IJH as it gets near 252.10 with a downside target of 237.24. We should have a stop loss in place at 252.83though. 252.10 is the first level of resistance above 241.53, and by rule, any test of resistance is a short signal. In this case, if resistance 252.10 is being tested, so a short signal would exist.

Swing Trading Plans for IJH

• Buy IJH slightly over 242.54, target 246.86, Stop Loss @ 241.84 Details

If 242.54 begins to break higher, the technical summary data tells us to buy IJH just slightly over 242.54, with an upside target of 246.86. The data also tells us to set a stop loss @ 241.84 in case the stock turns against the trade. 242.54 is the first level of resistance above 241.53, and by rule, any break above resistance is a buy signal. In this case, 242.54, 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 IJH slightly near 242.54, target 237.24, Stop Loss @ 243.24. Details

The technical summary data is suggesting a short of IJH if it tests 242.54 with a downside target of 237.24. We should have a stop loss in place at 243.24 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, 242.54, 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 IJH

• Buy IJH slightly over 242.54, target 244.52, Stop Loss @ 241.97 Details

If 242.54 begins to break higher, the technical summary data tells us to buy IJH just slightly over 242.54, with an upside target of 244.52. The data also tells us to set a stop loss @ 241.97 in case the stock turns against the trade. 242.54 is the first level of resistance above 241.53, and by rule, any break above resistance is a buy signal. In this case, 242.54, 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 IJH slightly near 242.54, target 241.16, Stop Loss @ 243.11. Details

The technical summary data is suggesting a short of IJH if it tests 242.54 with a downside target of 241.16. We should have a stop loss in place at 243.11 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, 242.54, 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.

This is a snapshot. Real Time Updates are available on our IJH Page.

IJH Ratings for May 25:

Term →	Near	Mid	Long
Rating	Neutral	Neutral	Neutral
P1	0	0	237.24
P2	241.16	242.54	252.10
P3	244.52	246.86	266.34

Support and Resistance Plot Chart for IJH

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How do we know what is going on #behindthescenes of a company?  According to Stock Traders Daily, a 20-year #financialindustry innovator, the best way to do this to to watch the price action in the stock. The  Ishares Core S&p Mid-cap Etf (NYSE: IJH) report below is a real world example. Included are trading plans for IJH, but this report is static. If you want an update, or a different stock, please get one here Unlimited Real Time Reports. 

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