Trading (GDXU) With Integrated Risk Controls

January 15, 2025, 09:30 am ET, BY Quentin W.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for GDXU

• Buy GDXU near 32.79 target 43.72 stop loss @ 32.7 Details

The technical summary data tells us to buy GDXU near 32.79 with an upside target of 43.72. This data also tells us to set a stop loss @ 32.7 to protect against excessive loss in case the stock begins to move against the trade. 32.79 is the first level of support below 33.84 , and by rule, any test of support is a buy signal. In this case, support 32.79 would be being tested, so a buy signal would exist.

• Short GDXU slightly under 43.72, target 32.79, stop loss @ 43.85 Details

The technical summary data is suggesting a short of GDXU as it gets near 43.72 with a downside target of 32.79. We should have a stop loss in place at 43.85though. 43.72 is the first level of resistance above 33.84, and by rule, any test of resistance is a short signal. In this case, if resistance 43.72 is being tested, so a short signal would exist.

Swing Trading Plans for GDXU

• Buy GDXU slightly over 33.89, target 43.72, Stop Loss @ 33.79 Details

If 33.89 begins to break higher, the technical summary data tells us to buy GDXU just slightly over 33.89, with an upside target of 43.72. The data also tells us to set a stop loss @ 33.79 in case the stock turns against the trade. 33.89 is the first level of resistance above 33.84, and by rule, any break above resistance is a buy signal. In this case, 33.89, 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 GDXU slightly near 33.89, target 32.79, Stop Loss @ 33.99. Details

The technical summary data is suggesting a short of GDXU if it tests 33.89 with a downside target of 32.79. We should have a stop loss in place at 33.99 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, 33.89, 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 GDXU

• Buy GDXU slightly over 33.89, target 43.72, Stop Loss @ 33.81 Details

If 33.89 begins to break higher, the technical summary data tells us to buy GDXU just slightly over 33.89, with an upside target of 43.72. The data also tells us to set a stop loss @ 33.81 in case the stock turns against the trade. 33.89 is the first level of resistance above 33.84, and by rule, any break above resistance is a buy signal. In this case, 33.89, 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 GDXU slightly near 33.89, target 32.79, Stop Loss @ 33.97. Details

The technical summary data is suggesting a short of GDXU if it tests 33.89 with a downside target of 32.79. We should have a stop loss in place at 33.97 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, 33.89, 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 Bank Of Montreal Zc Sp Etn Redeem 29/06/2040 Usd - 3x Leveraged (GDXU) available here: GDXU.

GDXU Ratings for January 15:

Term →	Near	Mid	Long
Rating	Strong	Strong	Strong
P1	0	0	32.79
P2	30.64	31.33	43.72
P3	32.73	33.89	56.4

AI Generated Signals for GDXU

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Price matters most to #makingmoney in the #stockmarket. Celebrating 20 years, Stock Traders Daily provides the tools that help you develop investment strategies, and this is a good example. When we couple this with our market based analysis, the probabilities of going with the flow increases, and that is material over time. The Bank Of Montreal Zc Sp Etn Redeem 29/06/2040 Usd - 3x Leveraged (NASDAQ: GDXU) report below can help you, but we have more details too. The trading plans for GDXU, and the other 1000+ stocks we follow, are updated in real time for subscribers, but this report is static. If you want an update, or a different report, please get one here Unlimited Real Time Reports.