When the Price of (WOOD) Talks, People Listen
April 25, 2024, 16:34 pm ET, BY Jesse F.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for WOOD
- Buy WOOD slightly over 77.8 target 80.95 stop loss @ 77.58 Details
The technical summary data tells us to buy WOOD near 77.8 with an upside target of 80.95. This data also tells us to set a stop loss @ 77.58 to protect against excessive loss in case the stock begins to move against the trade. 77.8 is the first level of support below 79.41 , and by rule, any test of support is a buy signal. In this case, support 77.8 would be being tested, so a buy signal would exist.
- Short WOOD slightly under 80.95, target 77.8, stop loss @ 81.18 Details
The technical summary data is suggesting a short of WOOD as it gets near 80.95 with a downside target of 77.8. We should have a stop loss in place at 81.18though. 80.95 is the first level of resistance above 79.41, and by rule, any test of resistance is a short signal. In this case, if resistance 80.95 is being tested, so a short signal would exist.
Swing Trading Plans for WOOD
- Buy WOOD slightly over 80.95, target 84.09, Stop Loss @ 80.72 Details
If 80.95 begins to break higher, the technical summary data tells us to buy WOOD just slightly over 80.95, with an upside target of 84.09. The data also tells us to set a stop loss @ 80.72 in case the stock turns against the trade. 80.95 is the first level of resistance above 79.41, and by rule, any break above resistance is a buy signal. In this case, 80.95, 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 WOOD slightly near 80.95, target 79.18, Stop Loss @ 81.18. Details
The technical summary data is suggesting a short of WOOD if it tests 80.95 with a downside target of 79.18. We should have a stop loss in place at 81.18 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, 80.95, 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 WOOD
- Buy WOOD slightly over 79.46, target 80.15, Stop Loss @ 79.27 Details
If 79.46 begins to break higher, the technical summary data tells us to buy WOOD just slightly over 79.46, with an upside target of 80.15. The data also tells us to set a stop loss @ 79.27 in case the stock turns against the trade. 79.46 is the first level of resistance above 79.41, and by rule, any break above resistance is a buy signal. In this case, 79.46, 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 WOOD slightly near 79.46, target 79.18, Stop Loss @ 79.65. Details
The technical summary data is suggesting a short of WOOD if it tests 79.46 with a downside target of 79.18. We should have a stop loss in place at 79.65 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, 79.46, 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 S&p Global Timber & Forestry Index Fund (WOOD) available here: WOOD.
WOOD Ratings for April 25:
| Term → | Near |
Mid |
Long |
|---|
| Rating |
Neutral |
Weak |
Strong |
| P1 |
0 |
0 |
77.8 |
| P2 |
79.46 |
76.96 |
80.95 |
| P3 |
80.15 |
79.18 |
84.09 |
AI Generated Signals for WOOD
Blue = Current Price
Red= Resistance
Green = Support
Real Time Updates for Repeat Institutional Readers:
Instructions:Click the Get Real Time Updates button below.
In the login prompt, select forgot username
Type the email you use for Factset
Use the user/pass you receive to login
You will have 24/7 access to real time updates.
From then on you can just click to get the real time update whenever you want.
GET REAL TIME UPDATES
Our Market Crash Leading Indicator isEvitar Corte.
Evitar Corte warned of market crash risk four times since 2000.
It identified the Internet Debacle before it happened.
It identified the Credit Crisis before it happened.
It identified the Corona Crash too.
See what Evitar Corte is Saying Now.
Get Notified When our Ratings Change:Take a Trial
This is not EF Hutton, but it could be more #powerful. A picture speaks a thousand words, they say, and the #priceaction of Ishares S&p Global Timber & Forestry Index Fund (NASDAQ: WOOD) tells an important story. The movement tells us where investors perceive value, or the lack of it, and if we pay attention we can capture opportunity. The data below for WOOD can be used as an example, and demonstrate how to do this for other stocks too. This data was current at the time of publication, but it is not updated in real time here. If you want real time updates, or data on a different stock, please get one here Unlimited Real Time Reports.
Fundamental Charts for WOOD:
pool ads
