How the (IWF) price action is used to our Advantage
October 11, 2024, 21:54 pm ET, BY Robert S.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for IWF
- Buy IWF near 378.38 target 395.63 stop loss @ 377.29 Details
The technical summary data tells us to buy IWF near 378.38 with an upside target of 395.63. This data also tells us to set a stop loss @ 377.29 to protect against excessive loss in case the stock begins to move against the trade. 378.38 is the first level of support below 380.01 , and by rule, any test of support is a buy signal. In this case, support 378.38 is being tested, a buy signal would exist.
- Short IWF slightly under 395.63, target 378.38, stop loss @ 396.77 Details
The technical summary data is suggesting a short of IWF as it gets near 395.63 with a downside target of 378.38. We should have a stop loss in place at 396.77though. 395.63 is the first level of resistance above 380.01, and by rule, any test of resistance is a short signal. In this case, if resistance 395.63 is being tested, a short signal would exist.
Swing Trading Plans for IWF
- Buy IWF slightly over 395.63, target n/a, Stop Loss @ 394.49 Details
If 395.63 begins to break higher, the technical summary data tells us to buy IWF just slightly over 395.63, with an upside target of n/a. The data also tells us to set a stop loss @ 394.49 in case the stock turns against the trade. 395.63 is the first level of resistance above 380.01, and by rule, any break above resistance is a buy signal. In this case, 395.63, 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 IWF slightly near 395.63, target 378.69, Stop Loss @ 396.77. Details
The technical summary data is suggesting a short of IWF if it tests 395.63 with a downside target of 378.69. We should have a stop loss in place at 396.77 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, 395.63, 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 IWF
- Buy IWF slightly over 380.99, target 395.63, Stop Loss @ 380.1 Details
If 380.99 begins to break higher, the technical summary data tells us to buy IWF just slightly over 380.99, with an upside target of 395.63. The data also tells us to set a stop loss @ 380.1 in case the stock turns against the trade. 380.99 is the first level of resistance above 380.01, and by rule, any break above resistance is a buy signal. In this case, 380.99, 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 IWF slightly near 380.99, target 378.69, Stop Loss @ 381.88. Details
The technical summary data is suggesting a short of IWF if it tests 380.99 with a downside target of 378.69. We should have a stop loss in place at 381.88 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, 380.99, 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 1000 Growth Etf (IWF) available here: IWF.
IWF Ratings for October 11:
| Term → | Near |
Mid |
Long |
|---|
| Rating |
Strong |
Neutral |
Strong |
| P1 |
0 |
0 |
359.08 |
| P2 |
378.47 |
372.38 |
378.38 |
| P3 |
380.99 |
378.69 |
395.63 |
AI Generated Signals for IWF
Blue = Current Price
Red= Resistance
Green = Support
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Our job as #investors is to pay attention to the #stocks we own. Part of that involves looking at the #fundamentals, but half of the disclosure comes from looking at price action. The Ishares Russell 1000 Growth Etf (NYSE: IWF) data table below can help you with price action, and we have more details too. Trading plans for IWF are shown here too; these plans are updated in real time for subscribers, where this report is static. If you want an update, or a report on a different stock, please get one here Unlimited Real Time Reports.
Fundamental Charts for IWF:
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