Trading (NZAC) With Integrated Risk Controls

December 16, 2024, 05:46 am ET, BY Simon M.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for NZAC

• Buy NZAC near 37.4 target 38.29 stop loss @ 37.29 Details

The technical summary data tells us to buy NZAC near 37.4 with an upside target of 38.29. This data also tells us to set a stop loss @ 37.29 to protect against excessive loss in case the stock begins to move against the trade. 37.4 is the first level of support below 37.59 , and by rule, any test of support is a buy signal. In this case, support 37.4 is being tested, a buy signal would exist.

• Short NZAC slightly under 38.29, target 37.4, stop loss @ 38.4 Details

The technical summary data is suggesting a short of NZAC as it gets near 38.29 with a downside target of 37.4. We should have a stop loss in place at 38.4though. 38.29 is the first level of resistance above 37.59, and by rule, any test of resistance is a short signal. In this case, if resistance 38.29 is being tested, a short signal would exist.

Swing Trading Plans for NZAC

• Buy NZAC slightly over 37.6, target 38.07, Stop Loss @ 37.49 Details

If 37.6 begins to break higher, the technical summary data tells us to buy NZAC just slightly over 37.6, with an upside target of 38.07. The data also tells us to set a stop loss @ 37.49 in case the stock turns against the trade. 37.6 is the first level of resistance above 37.59, and by rule, any break above resistance is a buy signal. In this case, 37.6, 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 NZAC slightly near 37.6, target 37.4, Stop Loss @ 37.71. Details

The technical summary data is suggesting a short of NZAC if it tests 37.6 with a downside target of 37.4. We should have a stop loss in place at 37.71 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, 37.6, 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 NZAC

• Buy NZAC slightly over 37.68, target 38.07, Stop Loss @ 37.59 Details

If 37.68 begins to break higher, the technical summary data tells us to buy NZAC just slightly over 37.68, with an upside target of 38.07. The data also tells us to set a stop loss @ 37.59 in case the stock turns against the trade. 37.68 is the first level of resistance above 37.59, and by rule, any break above resistance is a buy signal. In this case, 37.68, 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 NZAC slightly near 37.68, target 37.4, Stop Loss @ 37.77. Details

The technical summary data is suggesting a short of NZAC if it tests 37.68 with a downside target of 37.4. We should have a stop loss in place at 37.77 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, 37.68, 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 Spdr Index Shs Fds (NZAC) available here: NZAC.

NZAC Ratings for December 16:

Term →	Near	Mid	Long
Rating	Neutral	Neutral	Strong
P1	0	0	36.35
P2	37.4	37.6	37.4
P3	37.68	38.07	38.29

AI Generated Signals for NZAC

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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 Spdr Index Shs Fds (NASDAQ: NZAC) report below can help you, but we have more details too. The trading plans for NZAC, 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.