When Spdr S&p International Small C (GWX) Moves Investors should Listen

July 29, 2022, 11:30 am ET, BY Simon M.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

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  Spdr S&p International Small C (NYSE: GWX) report below is a real world example. Included are trading plans for GWX, but this report is static. If you want an update, or a different stock, please get one here Unlimited Real Time Reports. 

Longer Term Trading Plans for GWX

• Buy GWX slightly over 30.66 target 32.50 stop loss @ 30.57 Details

The technical summary data tells us to buy GWX near 30.66 with an upside target of 32.50. This data also tells us to set a stop loss @ 30.57 to protect against excessive loss in case the stock begins to move against the trade. 30.66 is the first level of support below 30.75 , and by rule, any test of support is a buy signal. In this case, support 30.66 is being tested, a buy signal would exist.

• Short GWX under 32.50, target 30.66, stop loss @ 32.59 Details

The technical summary data is suggesting a short of GWX as it gets near 32.50 with a downside target of 30.66. We should have a stop loss in place at 32.59though. 32.50 is the first level of resistance above 30.75, and by rule, any test of resistance is a short signal. In this case, if resistance 32.50 is being tested, a short signal would exist.

Swing Trading Plans for GWX

• Buy GWX slightly over 32.50, target n/a, Stop Loss @ 32.41 Details

If 32.50 begins to break higher, the technical summary data tells us to buy GWX just slightly over 32.50, with an upside target of n/a. The data also tells us to set a stop loss @ 32.41 in case the stock turns against the trade. 32.50 is the first level of resistance above 30.75, and by rule, any break above resistance is a buy signal. In this case, 32.50, 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 GWX near 32.50, target 30.66, Stop Loss @ 32.59. Details

The technical summary data is suggesting a short of GWX if it tests 32.50 with a downside target of 30.66. We should have a stop loss in place at 32.59 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, 32.50, 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 GWX

• Buy GWX slightly over 30.76, target 32.50, Stop Loss @ 30.69 Details

If 30.76 begins to break higher, the technical summary data tells us to buy GWX just slightly over 30.76, with an upside target of 32.50. The data also tells us to set a stop loss @ 30.69 in case the stock turns against the trade. 30.76 is the first level of resistance above 30.75, and by rule, any break above resistance is a buy signal. In this case, 30.76, 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 GWX near 30.76, target 30.32, Stop Loss @ 30.83. Details

The technical summary data is suggesting a short of GWX if it tests 30.76 with a downside target of 30.32. We should have a stop loss in place at 30.83 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, 30.76, 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.

GWX Ratings for July 29:

Term →	Near	Mid	Long
Rating	Strong	Neutral	Weak
P1	0	0	28.79
P2	29.97	29.31	30.66
P3	30.76	30.32	32.50

Support and Resistance Plot Chart for GWX

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