(DWAT) Pivots Trading Plans and Risk Controls

December 19, 2024, 15:24 pm ET, BY William C.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for DWAT

• Buy DWAT near 11.41 target 11.8 stop loss @ 11.38 Details

The technical summary data tells us to buy DWAT near 11.41 with an upside target of 11.8. This data also tells us to set a stop loss @ 11.38 to protect against excessive loss in case the stock begins to move against the trade. 11.41 is the first level of support below 11.6 , and by rule, any test of support is a buy signal. In this case, support 11.41 would be being tested, so a buy signal would exist.

• Short DWAT slightly under 11.8, target 11.41, stop loss @ 11.83 Details

The technical summary data is suggesting a short of DWAT as it gets near 11.8 with a downside target of 11.41. We should have a stop loss in place at 11.83though. 11.8 is the first level of resistance above 11.6, and by rule, any test of resistance is a short signal. In this case, if resistance 11.8 is being tested, so a short signal would exist.

Swing Trading Plans for DWAT

• Buy DWAT slightly over 11.96, target n/a, Stop Loss @ 11.93 Details

If 11.96 begins to break higher, the technical summary data tells us to buy DWAT just slightly over 11.96, with an upside target of n/a. The data also tells us to set a stop loss @ 11.93 in case the stock turns against the trade. 11.96 is the first level of resistance above 11.6, and by rule, any break above resistance is a buy signal. In this case, 11.96, 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 DWAT slightly near 11.96, target 11.41, Stop Loss @ 11.99. Details

The technical summary data is suggesting a short of DWAT if it tests 11.96 with a downside target of 11.41. We should have a stop loss in place at 11.99 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, 11.96, 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 DWAT

• Buy DWAT slightly over 11.96, target 12.18, Stop Loss @ 11.93 Details

If 11.96 begins to break higher, the technical summary data tells us to buy DWAT just slightly over 11.96, with an upside target of 12.18. The data also tells us to set a stop loss @ 11.93 in case the stock turns against the trade. 11.96 is the first level of resistance above 11.6, and by rule, any break above resistance is a buy signal. In this case, 11.96, 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 DWAT slightly near 11.96, target 11.41, Stop Loss @ 11.99. Details

The technical summary data is suggesting a short of DWAT if it tests 11.96 with a downside target of 11.41. We should have a stop loss in place at 11.99 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, 11.96, 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 Arrow Dwa Tactical: Macro Etf (DWAT) available here: DWAT.

DWAT Ratings for December 19:

Term →	Near	Mid	Long
Rating	Weak	Neutral	Strong
P1	0	0	11.41
P2	11.92	11.96	11.8
P3	0		12.18

AI Generated Signals for DWAT

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This Arrow Dwa Tactical: Macro Etf (NASDAQ: DWAT) report was produced by Stock Traders Daily.  Over the past 20 years our metholdology has been refined to help identify strategies for both individual stocks and the stock markets, with prudent risk controls.

Warning:

This is a static report, the data below was valid at the time of the publication, but support and resistance levels for DWAT change over time, so the report should be updated regularly.  Real Time updates are provided to subscribers.  Unlimited Real Time Reports.

Subscribers also receive market analysis, stock correlation tools, macroeconomic observations, timing tools, and protection from market crashes using Evitar Corte.  

Instructions:

The rules that govern the data in this report are the rules of Technical Analysis.  For example, if DWAT is testing support buy signals surface, and resistance is the target.  Conversely, if resistance is being tested, that is a sign to control risk or short, and support would be the downside target accordingly.  In each case, the trigger point is designed to be both an ideal place to enter a position (avoid trading in the middle of a trading channel), and it acts as a level of risk control too.

Swing Trades, Day Trades, and Longer term Trading Plans:

This data is refined to differentiate trading plans for Day Trading, Swing Trading, and Long Term Investing plans for DWAT too.  All of these are offered below the Summary Table.