When (VGT) Moves Investors should Listen
February 07, 2024, 01:54 am ET, BY Momei- Contributor, Stock Traders Daily| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for VGT
- Buy VGT slightly over 485.93 target 510.58 stop loss @ 484.53 Details
The technical summary data tells us to buy VGT near 485.93 with an upside target of 510.58. This data also tells us to set a stop loss @ 484.53 to protect against excessive loss in case the stock begins to move against the trade. 485.93 is the first level of support below 504.54 , and by rule, any test of support is a buy signal. In this case, support 485.93 is being tested, a buy signal would exist.
- Short VGT slightly under 510.58, target 485.93, stop loss @ 512.05 Details
The technical summary data is suggesting a short of VGT as it gets near 510.58 with a downside target of 485.93. We should have a stop loss in place at 512.05though. 510.58 is the first level of resistance above 504.54, and by rule, any test of resistance is a short signal. In this case, if resistance 510.58 is being tested, a short signal would exist.
Swing Trading Plans for VGT
- Buy VGT slightly over 506.32, target 510.58, Stop Loss @ 504.86 Details
If 506.32 begins to break higher, the technical summary data tells us to buy VGT just slightly over 506.32, with an upside target of 510.58. The data also tells us to set a stop loss @ 504.86 in case the stock turns against the trade. 506.32 is the first level of resistance above 504.54, and by rule, any break above resistance is a buy signal. In this case, 506.32, 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 VGT slightly near 506.32, target 497.29, Stop Loss @ 507.78. Details
The technical summary data is suggesting a short of VGT if it tests 506.32 with a downside target of 497.29. We should have a stop loss in place at 507.78 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, 506.32, 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 VGT
- Buy VGT slightly over 506.32, target 508.23, Stop Loss @ 505.14 Details
If 506.32 begins to break higher, the technical summary data tells us to buy VGT just slightly over 506.32, with an upside target of 508.23. The data also tells us to set a stop loss @ 505.14 in case the stock turns against the trade. 506.32 is the first level of resistance above 504.54, and by rule, any break above resistance is a buy signal. In this case, 506.32, 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 VGT slightly near 506.32, target 503.42, Stop Loss @ 507.5. Details
The technical summary data is suggesting a short of VGT if it tests 506.32 with a downside target of 503.42. We should have a stop loss in place at 507.5 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, 506.32, 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 Vanguard Information Technology Etf (VGT) available here: VGT.
VGT Ratings for February 07:
Term → | Near |
Mid |
Long |
Rating |
Neutral |
Strong |
Strong |
P1 |
0 |
0 |
460.35 |
P2 |
503.42 |
497.29 |
485.93 |
P3 |
508.23 |
506.32 |
510.58 |
AI Generated Signals for VGT
Blue = Current Price
Red= Resistance
Green = Support
Real Time Updates for Repeat Institutional Readers:
Instructions:Click the Get Real Time Updates button below.
In the login prompt, select forgot username
Type the email you use for Factset
Use the user/pass you receive to login
You will have 24/7 access to real time updates.
From then on you can just click to get the real time update whenever you want.
GET REAL TIME UPDATES
Our Market Crash Leading Indicator isEvitar Corte.
Evitar Corte warned of market crash risk four times since 2000.
It identified the Internet Debacle before it happened.
It identified the Credit Crisis before it happened.
It identified the Corona Crash too.
See what Evitar Corte is Saying Now.
Get Notified When our Ratings Change:Take a Trial
How do we know what is going on #behindthescenes of a company? According to Stock Traders Daily, a 20-year #financialindustry innovator, the best way to do this to to watch the price action in the stock. The Vanguard Information Technology Etf (NYSE: VGT) report below is a real world example. Included are trading plans for VGT, but this report is static. If you want an update, or a different stock, please get one here Unlimited Real Time Reports.
Fundamental Charts for VGT: