Trading (BETH) With Integrated Risk Controls
November 29, 2024, 18:30 pm ET, BY Momei- Contributor, Stock Traders Daily| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for BETH
- Buy BETH near 84.41 target n/a stop loss @ 84.17. Details
The technical summary data tells us to buy BETH near 84.41, but there is no current upside target from the summary table. In this case we should wait until either an update to the summary table has been made (which usually happens at the beginning of every trading day), or until the position has been stopped. The data does tell us to set a stop loss 84.17 to protect against excessive loss in case the stock begins to move against the trade. 84.41 is the first level of support below 91.9081, and by rule, any test of support is a buy signal. In this case, if support 84.41 is being tested, a buy signal would exist.
- NONE . Details
NONE .
There are no current resistance levels from the summary table, and therefore there are no Short resistance Plans which tell us to short upon tests of resistance. Resistance levels have broken higher and unless the stock reverses lower and below support levels again short positions look risky.
Swing Trading Plans for BETH
- Buy BETH slightly over 93.43, target n/a, Stop Loss @ 93.16 Details
If 93.43 begins to break higher, the technical summary data tells us to buy BETH just slightly over 93.43, with an upside target of n/a. The data also tells us to set a stop loss @ 93.16 in case the stock turns against the trade. 93.43 is the first level of resistance above 91.9081, and by rule, any break above resistance is a buy signal. In this case, 93.43, 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 BETH slightly near 93.43, target 89, Stop Loss @ 93.7. Details
The technical summary data is suggesting a short of BETH if it tests 93.43 with a downside target of 89. We should have a stop loss in place at 93.7 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, 93.43, 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 BETH
- Buy BETH slightly over 93.43, target n/a, Stop Loss @ 93.21 Details
If 93.43 begins to break higher, the technical summary data tells us to buy BETH just slightly over 93.43, with an upside target of n/a. The data also tells us to set a stop loss @ 93.21 in case the stock turns against the trade. 93.43 is the first level of resistance above 91.9081, and by rule, any break above resistance is a buy signal. In this case, 93.43, 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 BETH slightly near 93.43, target 90.64, Stop Loss @ 93.65. Details
The technical summary data is suggesting a short of BETH if it tests 93.43 with a downside target of 90.64. We should have a stop loss in place at 93.65 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, 93.43, 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 Bitcoin & Ether Market Cap Weight Strategy Etf (BETH) available here: BETH.
BETH Ratings for November 29:
| Term → | Near |
Mid |
Long |
|---|
| Rating |
Neutral |
Strong |
Strong |
| P1 |
0 |
0 |
60.62 |
| P2 |
87.27 |
89 |
72.2 |
| P3 |
90.64 |
93.43 |
84.41 |
AI Generated Signals for BETH
Blue = Current Price
Red= Resistance
Green = Support
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Price matters most to #makingmoney in the #stockmarket. Celebrating 20 years, Stock Traders Daily provides the tools that help you develop investment strategies, and this is a good example. When we couple this with our market based analysis, the probabilities of going with the flow increases, and that is material over time. The Proshares Bitcoin & Ether Market Cap Weight Strategy Etf (NASDAQ: BETH) report below can help you, but we have more details too. The trading plans for BETH, and the other 1000+ stocks we follow, are updated in real time for subscribers, but this report is static. If you want an update, or a different report, please get one here Unlimited Real Time Reports.
Fundamental Charts for BETH:
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