Trading (YYY) With Integrated Risk Controls
November 26, 2024, 20:38 pm ET, BY Robert S.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for YYY
- Buy YYY near 11.97 target 12.41 stop loss @ 11.94 Details
The technical summary data tells us to buy YYY near 11.97 with an upside target of 12.41. This data also tells us to set a stop loss @ 11.94 to protect against excessive loss in case the stock begins to move against the trade. 11.97 is the first level of support below 12.1605 , and by rule, any test of support is a buy signal. In this case, support 11.97 would be being tested, so a buy signal would exist.
- Short YYY slightly under 12.41, target 11.97, stop loss @ 12.45 Details
The technical summary data is suggesting a short of YYY as it gets near 12.41 with a downside target of 11.97. We should have a stop loss in place at 12.45though. 12.41 is the first level of resistance above 12.1605, and by rule, any test of resistance is a short signal. In this case, if resistance 12.41 is being tested, so a short signal would exist.
Swing Trading Plans for YYY
- Buy YYY slightly over n/a, target n/a, Stop Loss @ 0 Details
If n/a begins to break higher, the technical summary data tells us to buy YYY just slightly over n/a, with an upside target of n/a. The data also tells us to set a stop loss @ 0 in case the stock turns against the trade. n/a is the first level of resistance above 12.1605, and by rule, any break above resistance is a buy signal. In this case, n/a, 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 YYY slightly near n/a, target 12.03, Stop Loss @ 0. Details
The technical summary data is suggesting a short of YYY if it tests n/a with a downside target of 12.03. We should have a stop loss in place at 0 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, n/a, 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 YYY
- Buy YYY slightly over 12.41, target n/a, Stop Loss @ 12.38 Details
If 12.41 begins to break higher, the technical summary data tells us to buy YYY just slightly over 12.41, with an upside target of n/a. The data also tells us to set a stop loss @ 12.38 in case the stock turns against the trade. 12.41 is the first level of resistance above 12.1605, and by rule, any break above resistance is a buy signal. In this case, 12.41, 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 YYY slightly near 12.41, target 12.03, Stop Loss @ 12.44. Details
The technical summary data is suggesting a short of YYY if it tests 12.41 with a downside target of 12.03. We should have a stop loss in place at 12.44 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, 12.41, 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 Amplify High Income Etf (YYY) available here: YYY.
YYY Ratings for November 26:
| Term → | Near |
Mid |
Long |
|---|
| Rating |
Strong |
Neutral |
Strong |
| P1 |
0 |
0 |
11.97 |
| P2 |
12.27 |
12.03 |
12.41 |
| P3 |
0 |
12.23 |
0 |
AI Generated Signals for YYY
Blue = Current Price
Red= Resistance
Green = Support
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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 Amplify High Income Etf (NYSE: YYY) report below can help you, but we have more details too. The trading plans for YYY, 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.
Fundamental Charts for YYY:
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