Learn to Evaluate (IWN) using the Charts
December 12, 2024, 11:54 am ET, BY Jake B.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for IWN
- Buy IWN near 171.47 target 180.28 stop loss @ 170.97 Details
The technical summary data tells us to buy IWN near 171.47 with an upside target of 180.28. This data also tells us to set a stop loss @ 170.97 to protect against excessive loss in case the stock begins to move against the trade. 171.47 is the first level of support below 175.98 , and by rule, any test of support is a buy signal. In this case, support 171.47 is being tested, a buy signal would exist.
- Short IWN slightly under 180.28, target 171.47, stop loss @ 180.8 Details
The technical summary data is suggesting a short of IWN as it gets near 180.28 with a downside target of 171.47. We should have a stop loss in place at 180.8though. 180.28 is the first level of resistance above 175.98, and by rule, any test of resistance is a short signal. In this case, if resistance 180.28 is being tested, a short signal would exist.
Swing Trading Plans for IWN
- Buy IWN slightly over 178.09, target 180.28, Stop Loss @ 177.58 Details
If 178.09 begins to break higher, the technical summary data tells us to buy IWN just slightly over 178.09, with an upside target of 180.28. The data also tells us to set a stop loss @ 177.58 in case the stock turns against the trade. 178.09 is the first level of resistance above 175.98, and by rule, any break above resistance is a buy signal. In this case, 178.09, 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 IWN slightly near 178.09, target 175.8, Stop Loss @ 178.6. Details
The technical summary data is suggesting a short of IWN if it tests 178.09 with a downside target of 175.8. We should have a stop loss in place at 178.6 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, 178.09, 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 IWN
- Buy IWN slightly over 176.97, target 178.09, Stop Loss @ 176.56 Details
If 176.97 begins to break higher, the technical summary data tells us to buy IWN just slightly over 176.97, with an upside target of 178.09. The data also tells us to set a stop loss @ 176.56 in case the stock turns against the trade. 176.97 is the first level of resistance above 175.98, and by rule, any break above resistance is a buy signal. In this case, 176.97, 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 IWN slightly near 176.97, target 175.8, Stop Loss @ 177.38. Details
The technical summary data is suggesting a short of IWN if it tests 176.97 with a downside target of 175.8. We should have a stop loss in place at 177.38 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, 176.97, 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 Ishares Russell 2000 Value Etf (IWN) available here: IWN.
IWN Ratings for December 12:
| Term → | Near |
Mid |
Long |
|---|
| Rating |
Neutral |
Neutral |
Strong |
| P1 |
0 |
0 |
162.87 |
| P2 |
176.97 |
175.8 |
171.47 |
| P3 |
178.36 |
178.09 |
180.28 |
AI Generated Signals for IWN
Blue = Current Price
Red= Resistance
Green = Support
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When #institutionalinvestors make decisions to buy and sell #stocks they normally want to keep it quiet. However, if we pay close attention we can see what is going on, and make good decisions.. The Ishares Russell 2000 Value Etf (NYSE: IWN) report below can help you understand how to do this. The trading plans for IWN, are updated in real time for subscribers, but this report is static. If you want an update, or a different report on a different stock, please get one here Unlimited Real Time Reports.
Fundamental Charts for IWN:
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