How the (WDFC) price action is used to our Advantage

December 18, 2024, 00:46 am ET, BY Jeff W.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for WDFC

• Buy WDFC near 261.61 target 284.92 stop loss @ 260.85 Details

The technical summary data tells us to buy WDFC near 261.61 with an upside target of 284.92. This data also tells us to set a stop loss @ 260.85 to protect against excessive loss in case the stock begins to move against the trade. 261.61 is the first level of support below 264.4 , and by rule, any test of support is a buy signal. In this case, support 261.61 is being tested, a buy signal would exist.

• Short WDFC slightly under 284.92, target 261.61, stop loss @ 285.74 Details

The technical summary data is suggesting a short of WDFC as it gets near 284.92 with a downside target of 261.61. We should have a stop loss in place at 285.74though. 284.92 is the first level of resistance above 264.4, and by rule, any test of resistance is a short signal. In this case, if resistance 284.92 is being tested, a short signal would exist.

Swing Trading Plans for WDFC

• Buy WDFC slightly over 264.86, target 269.29, Stop Loss @ 264.1 Details

If 264.86 begins to break higher, the technical summary data tells us to buy WDFC just slightly over 264.86, with an upside target of 269.29. The data also tells us to set a stop loss @ 264.1 in case the stock turns against the trade. 264.86 is the first level of resistance above 264.4, and by rule, any break above resistance is a buy signal. In this case, 264.86, 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 WDFC slightly near 264.86, target 261.61, Stop Loss @ 265.62. Details

The technical summary data is suggesting a short of WDFC if it tests 264.86 with a downside target of 261.61. We should have a stop loss in place at 265.62 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, 264.86, 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 WDFC

• Buy WDFC slightly over 264.86, target 265.56, Stop Loss @ 264.24 Details

If 264.86 begins to break higher, the technical summary data tells us to buy WDFC just slightly over 264.86, with an upside target of 265.56. The data also tells us to set a stop loss @ 264.24 in case the stock turns against the trade. 264.86 is the first level of resistance above 264.4, and by rule, any break above resistance is a buy signal. In this case, 264.86, 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 WDFC slightly near 264.86, target 263.11, Stop Loss @ 265.48. Details

The technical summary data is suggesting a short of WDFC if it tests 264.86 with a downside target of 263.11. We should have a stop loss in place at 265.48 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, 264.86, 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  Wd-40 Company (WDFC) available here: WDFC.

WDFC Ratings for December 18:

Term →	Near	Mid	Long
Rating	Weak	Weak	Neutral
P1	0	0	239.66
P2	263.11	264.86	261.61
P3	265.56	269.29	284.92

AI Generated Signals for WDFC

Real Time Updates for Repeat Institutional Readers:

• Factset: Request User/Pass
• Bloomberg, Reuters, Refinitiv, Zacks, or IB users: Access Here.

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

Market Crash Leading Indicator

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

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  Wd-40 Company (NASDAQ: WDFC) data table below can help you with price action, and we have more details too. Trading plans for WDFC 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.