Learn to Evaluate (ACES) using the Charts

December 23, 2024, 02:04 am ET, BY Robert S.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for ACES

• Buy ACES near 25.09 target 27.33 stop loss @ 25.02 Details

The technical summary data tells us to buy ACES near 25.09 with an upside target of 27.33. This data also tells us to set a stop loss @ 25.02 to protect against excessive loss in case the stock begins to move against the trade. 25.09 is the first level of support below 26.23 , and by rule, any test of support is a buy signal. In this case, support 25.09 would be being tested, so a buy signal would exist.

• Short ACES slightly under 27.33, target 25.09, stop loss @ 27.41 Details

The technical summary data is suggesting a short of ACES as it gets near 27.33 with a downside target of 25.09. We should have a stop loss in place at 27.41though. 27.33 is the first level of resistance above 26.23, and by rule, any test of resistance is a short signal. In this case, if resistance 27.33 is being tested, so a short signal would exist.

Swing Trading Plans for ACES

• Buy ACES slightly over 27.05, target 27.33, Stop Loss @ 26.97 Details

If 27.05 begins to break higher, the technical summary data tells us to buy ACES just slightly over 27.05, with an upside target of 27.33. The data also tells us to set a stop loss @ 26.97 in case the stock turns against the trade. 27.05 is the first level of resistance above 26.23, and by rule, any break above resistance is a buy signal. In this case, 27.05, 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 ACES slightly near 27.05, target 25.96, Stop Loss @ 27.13. Details

The technical summary data is suggesting a short of ACES if it tests 27.05 with a downside target of 25.96. We should have a stop loss in place at 27.13 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, 27.05, 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 ACES

• Buy ACES slightly over 26.43, target 27.05, Stop Loss @ 26.37 Details

If 26.43 begins to break higher, the technical summary data tells us to buy ACES just slightly over 26.43, with an upside target of 27.05. The data also tells us to set a stop loss @ 26.37 in case the stock turns against the trade. 26.43 is the first level of resistance above 26.23, and by rule, any break above resistance is a buy signal. In this case, 26.43, 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 ACES slightly near 26.43, target 25.96, Stop Loss @ 26.49. Details

The technical summary data is suggesting a short of ACES if it tests 26.43 with a downside target of 25.96. We should have a stop loss in place at 26.49 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, 26.43, 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  Alps Clean Energy Etf (ACES) available here: ACES.

ACES Ratings for December 23:

Term →	Near	Mid	Long
Rating	Weak	Weak	Weak
P1	0	0	25.09
P2	25.53	25.96	27.33
P3	26.43	27.05	29.58

AI Generated Signals for ACES

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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  Alps Clean Energy Etf (NASDAQ: ACES) report below can help you understand how to do this. The trading plans for ACES, 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.