Trading (SMMU) With Integrated Risk Controls
May 14, 2024, 04:10 am ET, BY Scott B.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for SMMU
- Buy SMMU slightly over 49.51 target 49.91 stop loss @ 49.37 Details
The technical summary data tells us to buy SMMU near 49.51 with an upside target of 49.91. This data also tells us to set a stop loss @ 49.37 to protect against excessive loss in case the stock begins to move against the trade. 49.51 is the first level of support below 49.83 , and by rule, any test of support is a buy signal. In this case, support 49.51 would be being tested, so a buy signal would exist.
- Short SMMU slightly under 49.91, target 49.51, stop loss @ 50.05 Details
The technical summary data is suggesting a short of SMMU as it gets near 49.91 with a downside target of 49.51. We should have a stop loss in place at 50.05though. 49.91 is the first level of resistance above 49.83, and by rule, any test of resistance is a short signal. In this case, if resistance 49.91 is being tested, so a short signal would exist.
Swing Trading Plans for SMMU
- Buy SMMU slightly over 49.91, target n/a, Stop Loss @ 49.77 Details
If 49.91 begins to break higher, the technical summary data tells us to buy SMMU just slightly over 49.91, with an upside target of n/a. The data also tells us to set a stop loss @ 49.77 in case the stock turns against the trade. 49.91 is the first level of resistance above 49.83, and by rule, any break above resistance is a buy signal. In this case, 49.91, 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 SMMU slightly near 49.91, target 49.51, Stop Loss @ 50.05. Details
The technical summary data is suggesting a short of SMMU if it tests 49.91 with a downside target of 49.51. We should have a stop loss in place at 50.05 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, 49.91, 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 SMMU
- Buy SMMU slightly over 49.91, target 50.28, Stop Loss @ 49.79 Details
If 49.91 begins to break higher, the technical summary data tells us to buy SMMU just slightly over 49.91, with an upside target of 50.28. The data also tells us to set a stop loss @ 49.79 in case the stock turns against the trade. 49.91 is the first level of resistance above 49.83, and by rule, any break above resistance is a buy signal. In this case, 49.91, 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 SMMU slightly near 49.91, target 49.51, Stop Loss @ 50.03. Details
The technical summary data is suggesting a short of SMMU if it tests 49.91 with a downside target of 49.51. We should have a stop loss in place at 50.03 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, 49.91, 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 Pimco Short Term Municipal Bond Active Exchange-traded Fund (SMMU) available here: SMMU.
SMMU Ratings for May 14:
| Term → | Near |
Mid |
Long |
|---|
| Rating |
Neutral |
Neutral |
Neutral |
| P1 |
0 |
0 |
49.51 |
| P2 |
49.85 |
49.9 |
49.91 |
| P3 |
0 |
|
50.28 |
AI Generated Signals for SMMU
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 Pimco Short Term Municipal Bond Active Exchange-traded Fund (NASDAQ: SMMU) report below can help you, but we have more details too. The trading plans for SMMU, 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 SMMU:
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