Learn to Evaluate (UST) using the Charts
December 17, 2024, 18:36 pm ET, BY Momei- Contributor, Stock Traders Daily| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for UST
- Buy UST near 41.7 target 43.8 stop loss @ 41.58 Details
The technical summary data tells us to buy UST near 41.7 with an upside target of 43.8. This data also tells us to set a stop loss @ 41.58 to protect against excessive loss in case the stock begins to move against the trade. 41.7 is the first level of support below 42.18 , and by rule, any test of support is a buy signal. In this case, support 41.7 would be being tested, so a buy signal would exist.
- Short UST slightly under 43.8, target 41.7, stop loss @ 43.93 Details
The technical summary data is suggesting a short of UST as it gets near 43.8 with a downside target of 41.7. We should have a stop loss in place at 43.93though. 43.8 is the first level of resistance above 42.18, and by rule, any test of resistance is a short signal. In this case, if resistance 43.8 is being tested, so a short signal would exist.
Swing Trading Plans for UST
- Buy UST slightly over 42.6, target 43.8, Stop Loss @ 42.48 Details
If 42.6 begins to break higher, the technical summary data tells us to buy UST just slightly over 42.6, with an upside target of 43.8. The data also tells us to set a stop loss @ 42.48 in case the stock turns against the trade. 42.6 is the first level of resistance above 42.18, and by rule, any break above resistance is a buy signal. In this case, 42.6, 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 UST slightly near 42.6, target 41.99, Stop Loss @ 42.72. Details
The technical summary data is suggesting a short of UST if it tests 42.6 with a downside target of 41.99. We should have a stop loss in place at 42.72 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, 42.6, 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 UST
- Buy UST slightly over 42.6, target 43.8, Stop Loss @ 42.5 Details
If 42.6 begins to break higher, the technical summary data tells us to buy UST just slightly over 42.6, with an upside target of 43.8. The data also tells us to set a stop loss @ 42.5 in case the stock turns against the trade. 42.6 is the first level of resistance above 42.18, and by rule, any break above resistance is a buy signal. In this case, 42.6, 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 UST slightly near 42.6, target 42.11, Stop Loss @ 42.7. Details
The technical summary data is suggesting a short of UST if it tests 42.6 with a downside target of 42.11. We should have a stop loss in place at 42.7 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, 42.6, 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 7-10 Year Treasury 2x Shares (UST) available here: UST.
UST Ratings for December 17:
| Term → | Near |
Mid |
Long |
|---|
| Rating |
Weak |
Neutral |
Neutral |
| P1 |
0 |
0 |
41.7 |
| P2 |
41.72 |
41.99 |
43.8 |
| P3 |
42.11 |
42.6 |
46.01 |
AI Generated Signals for UST
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 7-10 Year Treasury 2x Shares (NYSE: UST) report below can help you understand how to do this. The trading plans for UST, 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 UST:
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