Learn to Evaluate (GPIQ) using the Charts
November 18, 2024, 02:36 am ET, BY Quentin W.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for GPIQ
- Buy GPIQ near 47.8 target 49.62 stop loss @ 47.66 Details
The technical summary data tells us to buy GPIQ near 47.8 with an upside target of 49.62. This data also tells us to set a stop loss @ 47.66 to protect against excessive loss in case the stock begins to move against the trade. 47.8 is the first level of support below 48.12 , and by rule, any test of support is a buy signal. In this case, support 47.8 is being tested, a buy signal would exist.
- Short GPIQ slightly under 49.62, target 47.8, stop loss @ 49.76 Details
The technical summary data is suggesting a short of GPIQ as it gets near 49.62 with a downside target of 47.8. We should have a stop loss in place at 49.76though. 49.62 is the first level of resistance above 48.12, and by rule, any test of resistance is a short signal. In this case, if resistance 49.62 is being tested, a short signal would exist.
Swing Trading Plans for GPIQ
- Buy GPIQ slightly over 48.89, target 49.62, Stop Loss @ 48.75 Details
If 48.89 begins to break higher, the technical summary data tells us to buy GPIQ just slightly over 48.89, with an upside target of 49.62. The data also tells us to set a stop loss @ 48.75 in case the stock turns against the trade. 48.89 is the first level of resistance above 48.12, and by rule, any break above resistance is a buy signal. In this case, 48.89, 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 GPIQ slightly near 48.89, target 47.8, Stop Loss @ 49.03. Details
The technical summary data is suggesting a short of GPIQ if it tests 48.89 with a downside target of 47.8. We should have a stop loss in place at 49.03 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, 48.89, 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 GPIQ
- Buy GPIQ slightly over 48.89, target 49.62, Stop Loss @ 48.78 Details
If 48.89 begins to break higher, the technical summary data tells us to buy GPIQ just slightly over 48.89, with an upside target of 49.62. The data also tells us to set a stop loss @ 48.78 in case the stock turns against the trade. 48.89 is the first level of resistance above 48.12, and by rule, any break above resistance is a buy signal. In this case, 48.89, 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 GPIQ slightly near 48.89, target 48.12, Stop Loss @ 49. Details
The technical summary data is suggesting a short of GPIQ if it tests 48.89 with a downside target of 48.12. We should have a stop loss in place at 49 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, 48.89, 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 Goldman Sachs Nasdaq-100 Core Premium Income Etf (GPIQ) available here: GPIQ.
GPIQ Ratings for November 18:
| Term → | Near |
Mid |
Long |
|---|
| Rating |
Weak |
Neutral |
Strong |
| P1 |
0 |
0 |
45.74 |
| P2 |
48.12 |
48.89 |
47.8 |
| P3 |
48.74 |
50.27 |
49.62 |
AI Generated Signals for GPIQ
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 Goldman Sachs Nasdaq-100 Core Premium Income Etf (NASDAQ: GPIQ) report below can help you understand how to do this. The trading plans for GPIQ, 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 GPIQ:
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