Learn to Evaluate (EZJ) using the Charts
July 31, 2024, 12:12 pm ET, BY Momei- Contributor, Stock Traders Daily| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for EZJ
- Buy EZJ slightly over 38.84 target 42.29 stop loss @ 38.73 Details
The technical summary data tells us to buy EZJ near 38.84 with an upside target of 42.29. This data also tells us to set a stop loss @ 38.73 to protect against excessive loss in case the stock begins to move against the trade. 38.84 is the first level of support below 42.1001 , and by rule, any test of support is a buy signal. In this case, support 38.84 would be being tested, so a buy signal would exist.
- Short EZJ slightly under 42.29, target 38.84, stop loss @ 42.41 Details
The technical summary data is suggesting a short of EZJ as it gets near 42.29 with a downside target of 38.84. We should have a stop loss in place at 42.41though. 42.29 is the first level of resistance above 42.1001, and by rule, any test of resistance is a short signal. In this case, if resistance 42.29 is being tested, so a short signal would exist.
Swing Trading Plans for EZJ
- Buy EZJ slightly over 42.29, target 45.75, Stop Loss @ 42.17 Details
If 42.29 begins to break higher, the technical summary data tells us to buy EZJ just slightly over 42.29, with an upside target of 45.75. The data also tells us to set a stop loss @ 42.17 in case the stock turns against the trade. 42.29 is the first level of resistance above 42.1001, and by rule, any break above resistance is a buy signal. In this case, 42.29, 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 EZJ slightly near 42.29, target 39.65, Stop Loss @ 42.41. Details
The technical summary data is suggesting a short of EZJ if it tests 42.29 with a downside target of 39.65. We should have a stop loss in place at 42.41 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, 42.29, 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 EZJ
- Buy EZJ slightly over 42.29, target 45.75, Stop Loss @ 42.19 Details
If 42.29 begins to break higher, the technical summary data tells us to buy EZJ just slightly over 42.29, with an upside target of 45.75. The data also tells us to set a stop loss @ 42.19 in case the stock turns against the trade. 42.29 is the first level of resistance above 42.1001, and by rule, any break above resistance is a buy signal. In this case, 42.29, 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 EZJ slightly near 42.29, target 40.23, Stop Loss @ 42.39. Details
The technical summary data is suggesting a short of EZJ if it tests 42.29 with a downside target of 40.23. We should have a stop loss in place at 42.39 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, 42.29, 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 Ultra Msci Japan 2x Shares (EZJ) available here: EZJ.
EZJ Ratings for July 31:
| Term → | Near |
Mid |
Long |
|---|
| Rating |
Weak |
Weak |
Strong |
| P1 |
0 |
0 |
38.84 |
| P2 |
39.01 |
38.29 |
42.29 |
| P3 |
40.23 |
39.65 |
45.75 |
AI Generated Signals for EZJ
Blue = Current Price
Red= Resistance
Green = Support
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When #institutionalinvestors make decisions to buy and sell #stocks they normally want to keep it quiet. However, if we pay close attention we can see what is going on, and make good decisions.. The Proshares Ultra Msci Japan 2x Shares (NYSE: EZJ) report below can help you understand how to do this. The trading plans for EZJ, are updated in real time for subscribers, but this report is static. If you want an update, or a different report on a different stock, please get one here Unlimited Real Time Reports.
Fundamental Charts for EZJ:
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