How the (JHML) price action is used to our Advantage
May 02, 2024, 09:48 am ET, BY Momei- Contributor, Stock Traders Daily| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for JHML
- Buy JHML slightly over 59.8 target 62.49 stop loss @ 59.63 Details
The technical summary data tells us to buy JHML near 59.8 with an upside target of 62.49. This data also tells us to set a stop loss @ 59.63 to protect against excessive loss in case the stock begins to move against the trade. 59.8 is the first level of support below 61.79 , and by rule, any test of support is a buy signal. In this case, support 59.8 would be being tested, so a buy signal would exist.
- Short JHML slightly under 62.49, target 59.8, stop loss @ 62.67 Details
The technical summary data is suggesting a short of JHML as it gets near 62.49 with a downside target of 59.8. We should have a stop loss in place at 62.67though. 62.49 is the first level of resistance above 61.79, and by rule, any test of resistance is a short signal. In this case, if resistance 62.49 is being tested, so a short signal would exist.
Swing Trading Plans for JHML
- Buy JHML slightly over 61.94, target 62.49, Stop Loss @ 61.76 Details
If 61.94 begins to break higher, the technical summary data tells us to buy JHML just slightly over 61.94, with an upside target of 62.49. The data also tells us to set a stop loss @ 61.76 in case the stock turns against the trade. 61.94 is the first level of resistance above 61.79, and by rule, any break above resistance is a buy signal. In this case, 61.94, 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 JHML slightly near 61.94, target 59.8, Stop Loss @ 62.12. Details
The technical summary data is suggesting a short of JHML if it tests 61.94 with a downside target of 59.8. We should have a stop loss in place at 62.12 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, 61.94, 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 JHML
- Buy JHML slightly over 61.94, target 62.58, Stop Loss @ 61.8 Details
If 61.94 begins to break higher, the technical summary data tells us to buy JHML just slightly over 61.94, with an upside target of 62.58. The data also tells us to set a stop loss @ 61.8 in case the stock turns against the trade. 61.94 is the first level of resistance above 61.79, and by rule, any break above resistance is a buy signal. In this case, 61.94, 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 JHML slightly near 61.94, target 61.71, Stop Loss @ 62.08. Details
The technical summary data is suggesting a short of JHML if it tests 61.94 with a downside target of 61.71. We should have a stop loss in place at 62.08 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, 61.94, 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 John Hancock Multifactor Large Cap Etf (JHML) available here: JHML.
JHML Ratings for May 02:
| Term → | Near |
Mid |
Long |
|---|
| Rating |
Neutral |
Neutral |
Strong |
| P1 |
0 |
0 |
59.8 |
| P2 |
61.71 |
61.94 |
62.49 |
| P3 |
62.58 |
62.82 |
65.06 |
AI Generated Signals for JHML
Blue = Current Price
Red= Resistance
Green = Support
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Our job as #investors is to pay attention to the #stocks we own. Part of that involves looking at the #fundamentals, but half of the disclosure comes from looking at price action. The John Hancock Multifactor Large Cap Etf (NASDAQ: JHML) data table below can help you with price action, and we have more details too. Trading plans for JHML are shown here too; these plans are updated in real time for subscribers, where this report is static. If you want an update, or a report on a different stock, please get one here Unlimited Real Time Reports.
Fundamental Charts for JHML:
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