When (UDOW) Moves Investors should Listen
October 08, 2024, 20:16 pm ET, BY Jesse F.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for UDOW
- Buy UDOW near 91.46 target 99.78 stop loss @ 91.2 Details
The technical summary data tells us to buy UDOW near 91.46 with an upside target of 99.78. This data also tells us to set a stop loss @ 91.2 to protect against excessive loss in case the stock begins to move against the trade. 91.46 is the first level of support below 94.2 , and by rule, any test of support is a buy signal. In this case, support 91.46 is being tested, a buy signal would exist.
- Short UDOW slightly under 99.78, target 91.46, stop loss @ 100.07 Details
The technical summary data is suggesting a short of UDOW as it gets near 99.78 with a downside target of 91.46. We should have a stop loss in place at 100.07though. 99.78 is the first level of resistance above 94.2, and by rule, any test of resistance is a short signal. In this case, if resistance 99.78 is being tested, a short signal would exist.
Swing Trading Plans for UDOW
- Buy UDOW slightly over 95.47, target 99.78, Stop Loss @ 95.19 Details
If 95.47 begins to break higher, the technical summary data tells us to buy UDOW just slightly over 95.47, with an upside target of 99.78. The data also tells us to set a stop loss @ 95.19 in case the stock turns against the trade. 95.47 is the first level of resistance above 94.2, and by rule, any break above resistance is a buy signal. In this case, 95.47, 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 UDOW slightly near 95.47, target 92.98, Stop Loss @ 95.75. Details
The technical summary data is suggesting a short of UDOW if it tests 95.47 with a downside target of 92.98. We should have a stop loss in place at 95.75 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, 95.47, 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 UDOW
- Buy UDOW slightly over 94.71, target 95.47, Stop Loss @ 94.49 Details
If 94.71 begins to break higher, the technical summary data tells us to buy UDOW just slightly over 94.71, with an upside target of 95.47. The data also tells us to set a stop loss @ 94.49 in case the stock turns against the trade. 94.71 is the first level of resistance above 94.2, and by rule, any break above resistance is a buy signal. In this case, 94.71, 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 UDOW slightly near 94.71, target 93.04, Stop Loss @ 94.93. Details
The technical summary data is suggesting a short of UDOW if it tests 94.71 with a downside target of 93.04. We should have a stop loss in place at 94.93 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, 94.71, 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 Proshares Ultrapro Dow30 3x Shares (UDOW) available here: UDOW.
UDOW Ratings for October 08:
| Term → | Near |
Mid |
Long |
|---|
| Rating |
Neutral |
Neutral |
Strong |
| P1 |
0 |
0 |
82.77 |
| P2 |
93.04 |
92.98 |
91.46 |
| P3 |
94.71 |
95.47 |
99.78 |
AI Generated Signals for UDOW
Blue = Current Price
Red= Resistance
Green = Support
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How do we know what is going on #behindthescenes of a company? According to Stock Traders Daily, a 20-year #financialindustry innovator, the best way to do this to to watch the price action in the stock. The Proshares Ultrapro Dow30 3x Shares (NASDAQ: UDOW) report below is a real world example. Included are trading plans for UDOW, but this report is static. If you want an update, or a different stock, please get one here Unlimited Real Time Reports.
Fundamental Charts for UDOW:
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