How the (AVGE) price action is used to our Advantage
October 09, 2024, 07:46 am ET, BY Joseph H.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for AVGE
- Buy AVGE near 71.05 target 73.63 stop loss @ 70.84 Details
The technical summary data tells us to buy AVGE near 71.05 with an upside target of 73.63. This data also tells us to set a stop loss @ 70.84 to protect against excessive loss in case the stock begins to move against the trade. 71.05 is the first level of support below 73.39 , and by rule, any test of support is a buy signal. In this case, support 71.05 would be being tested, so a buy signal would exist.
- Short AVGE slightly under 73.63, target 71.05, stop loss @ 73.84 Details
The technical summary data is suggesting a short of AVGE as it gets near 73.63 with a downside target of 71.05. We should have a stop loss in place at 73.84though. 73.63 is the first level of resistance above 73.39, and by rule, any test of resistance is a short signal. In this case, if resistance 73.63 is being tested, so a short signal would exist.
Swing Trading Plans for AVGE
- Buy AVGE slightly over 73.63, target 73.86, Stop Loss @ 73.42 Details
If 73.63 begins to break higher, the technical summary data tells us to buy AVGE just slightly over 73.63, with an upside target of 73.86. The data also tells us to set a stop loss @ 73.42 in case the stock turns against the trade. 73.63 is the first level of resistance above 73.39, and by rule, any break above resistance is a buy signal. In this case, 73.63, 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 AVGE slightly near 73.63, target 73.13, Stop Loss @ 73.84. Details
The technical summary data is suggesting a short of AVGE if it tests 73.63 with a downside target of 73.13. We should have a stop loss in place at 73.84 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, 73.63, 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 AVGE
- Buy AVGE slightly over 73.86, target 75.93, Stop Loss @ 73.69 Details
If 73.86 begins to break higher, the technical summary data tells us to buy AVGE just slightly over 73.86, with an upside target of 75.93. The data also tells us to set a stop loss @ 73.69 in case the stock turns against the trade. 73.86 is the first level of resistance above 73.39, and by rule, any break above resistance is a buy signal. In this case, 73.86, 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 AVGE slightly near 73.86, target 73.2, Stop Loss @ 74.03. Details
The technical summary data is suggesting a short of AVGE if it tests 73.86 with a downside target of 73.2. We should have a stop loss in place at 74.03 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, 73.86, 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 Avantis All Equity Markets Etf (AVGE) available here: AVGE.
AVGE Ratings for October 09:
Term → | Near |
Mid |
Long |
Rating |
Neutral |
Neutral |
Strong |
P1 |
0 |
0 |
71.05 |
P2 |
73.2 |
73.13 |
73.63 |
P3 |
73.68 |
73.86 |
75.93 |
AI Generated Signals for AVGE
Blue = Current Price
Red= Resistance
Green = Support
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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 Avantis All Equity Markets Etf (NASDAQ: AVGE) data table below can help you with price action, and we have more details too. Trading plans for AVGE 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.
Fundamental Charts for AVGE: