When (UDOW) Moves Investors should Listen
November 20, 2024, 23:48 pm ET, BY Jolene W.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for UDOW
- Buy UDOW near 95.24 target 103.65 stop loss @ 94.96 Details
The technical summary data tells us to buy UDOW near 95.24 with an upside target of 103.65. This data also tells us to set a stop loss @ 94.96 to protect against excessive loss in case the stock begins to move against the trade. 95.24 is the first level of support below 101.79 , and by rule, any test of support is a buy signal. In this case, support 95.24 is being tested, a buy signal would exist.
- Short UDOW slightly under 103.65, target 95.24, stop loss @ 103.95 Details
The technical summary data is suggesting a short of UDOW as it gets near 103.65 with a downside target of 95.24. We should have a stop loss in place at 103.95though. 103.65 is the first level of resistance above 101.79, and by rule, any test of resistance is a short signal. In this case, if resistance 103.65 is being tested, a short signal would exist.
Swing Trading Plans for UDOW
- Buy UDOW slightly over 103.65, target 106.94, Stop Loss @ 103.35 Details
If 103.65 begins to break higher, the technical summary data tells us to buy UDOW just slightly over 103.65, with an upside target of 106.94. The data also tells us to set a stop loss @ 103.35 in case the stock turns against the trade. 103.65 is the first level of resistance above 101.79, and by rule, any break above resistance is a buy signal. In this case, 103.65, 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 UDOW slightly near 103.65, target 98.97, Stop Loss @ 103.95. Details
The technical summary data is suggesting a short of UDOW if it tests 103.65 with a downside target of 98.97. We should have a stop loss in place at 103.95 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, 103.65, 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 UDOW
- Buy UDOW slightly over 103.65, target 106.94, Stop Loss @ 103.41 Details
If 103.65 begins to break higher, the technical summary data tells us to buy UDOW just slightly over 103.65, with an upside target of 106.94. The data also tells us to set a stop loss @ 103.41 in case the stock turns against the trade. 103.65 is the first level of resistance above 101.79, and by rule, any break above resistance is a buy signal. In this case, 103.65, 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 UDOW slightly near 103.65, target 100.42, Stop Loss @ 103.89. Details
The technical summary data is suggesting a short of UDOW if it tests 103.65 with a downside target of 100.42. We should have a stop loss in place at 103.89 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, 103.65, 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 Ultrapro Dow30 3x Shares (UDOW) available here: UDOW.
UDOW Ratings for November 20:
| Term → | Near |
Mid |
Long |
|---|
| Rating |
Weak |
Strong |
Strong |
| P1 |
0 |
0 |
86.77 |
| P2 |
98.43 |
98.97 |
95.24 |
| P3 |
100.42 |
106.94 |
103.65 |
AI Generated Signals for UDOW
Blue = Current Price
Red= Resistance
Green = Support
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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 Proshares Ultrapro Dow30 3x Shares (NASDAQ: UDOW) report below is a real world example. Included are trading plans for UDOW, but this report is static. If you want an update, or a different stock, please get one here Unlimited Real Time Reports.
Fundamental Charts for UDOW:
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