(USA) Proactive Strategies

November 15, 2024, 17:30 pm ET, BY Momei- Contributor, Stock Traders Daily| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for USA

• Buy USA near 6.95 target 7.22 stop loss @ 6.93 Details

The technical summary data tells us to buy USA near 6.95 with an upside target of 7.22. This data also tells us to set a stop loss @ 6.93 to protect against excessive loss in case the stock begins to move against the trade. 6.95 is the first level of support below 7.12 , and by rule, any test of support is a buy signal. In this case, support 6.95 would be being tested, so a buy signal would exist.

• Short USA slightly under 7.22, target 6.95, stop loss @ 7.24 Details

The technical summary data is suggesting a short of USA as it gets near 7.22 with a downside target of 6.95. We should have a stop loss in place at 7.24though. 7.22 is the first level of resistance above 7.12, and by rule, any test of resistance is a short signal. In this case, if resistance 7.22 is being tested, so a short signal would exist.

Swing Trading Plans for USA

• Buy USA slightly over 7.22, target n/a, Stop Loss @ 7.2 Details

If 7.22 begins to break higher, the technical summary data tells us to buy USA just slightly over 7.22, with an upside target of n/a. The data also tells us to set a stop loss @ 7.2 in case the stock turns against the trade. 7.22 is the first level of resistance above 7.12, and by rule, any break above resistance is a buy signal. In this case, 7.22, 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 USA slightly near 7.22, target 6.95, Stop Loss @ 7.24. Details

The technical summary data is suggesting a short of USA if it tests 7.22 with a downside target of 6.95. We should have a stop loss in place at 7.24 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, 7.22, 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 USA

• Buy USA slightly over 7.22, target 7.6, Stop Loss @ 7.2 Details

If 7.22 begins to break higher, the technical summary data tells us to buy USA just slightly over 7.22, with an upside target of 7.6. The data also tells us to set a stop loss @ 7.2 in case the stock turns against the trade. 7.22 is the first level of resistance above 7.12, and by rule, any break above resistance is a buy signal. In this case, 7.22, 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 USA slightly near 7.22, target 6.95, Stop Loss @ 7.24. Details

The technical summary data is suggesting a short of USA if it tests 7.22 with a downside target of 6.95. We should have a stop loss in place at 7.24 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, 7.22, 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 Liberty All-star Equity Fund (USA) available here: USA.

USA Ratings for November 15:

Term →	Near	Mid	Long
Rating	Neutral	Strong	Strong
P1	0	0	6.95
P2	7.47	7.6	7.22
P3	0		7.47

AI Generated Signals for USA

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Don't over think it!  Trading Liberty All-star Equity Fund (NYSE: USA) or any other stock can be rewarding if the simple rules of technical analysis are observed before making any decisions.  This should be an integral part of the investment process.

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This is a static report, the data below was valid at the time of the publication, but support and resistance levels for USA change over time, so the report should be updated regularly.  Real Time updates are provided to subscribers.  Unlimited Real Time Reports.

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Instructions:

The rules that govern the data in this report are the rules of Technical Analysis.  For example, if USA is testing support buy signals surface, and resistance is the target.  Conversely, if resistance is being tested, that is a sign to control risk or short, and support would be the downside target accordingly.  In each case, the trigger point is designed to be both an ideal place to enter a position (avoid trading in the middle of a trading channel), and it acts as a level of risk control too.

Swing Trades, Day Trades, and Longer term Trading Plans:

This data is refined to differentiate trading plans for Day Trading, Swing Trading, and Long Term Investing plans for USA too.  All of these are offered below the Summary Table.