How the (WGS) price action is used to our Advantage
September 13, 2024, 12:20 pm ET, BY Joseph H.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for WGS
- Buy WGS slightly over 32.23 target 39.68 stop loss @ 32.14 Details
The technical summary data tells us to buy WGS near 32.23 with an upside target of 39.68. This data also tells us to set a stop loss @ 32.14 to protect against excessive loss in case the stock begins to move against the trade. 32.23 is the first level of support below 37.88 , and by rule, any test of support is a buy signal. In this case, support 32.23 is being tested, a buy signal would exist.
- Short WGS slightly under 39.68, target 32.23, stop loss @ 39.79 Details
The technical summary data is suggesting a short of WGS as it gets near 39.68 with a downside target of 32.23. We should have a stop loss in place at 39.79though. 39.68 is the first level of resistance above 37.88, and by rule, any test of resistance is a short signal. In this case, if resistance 39.68 is being tested, a short signal would exist.
Swing Trading Plans for WGS
- Buy WGS slightly over 39.68, target n/a, Stop Loss @ 39.57 Details
If 39.68 begins to break higher, the technical summary data tells us to buy WGS just slightly over 39.68, with an upside target of n/a. The data also tells us to set a stop loss @ 39.57 in case the stock turns against the trade. 39.68 is the first level of resistance above 37.88, and by rule, any break above resistance is a buy signal. In this case, 39.68, 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 WGS slightly near 39.68, target 36.52, Stop Loss @ 39.79. Details
The technical summary data is suggesting a short of WGS if it tests 39.68 with a downside target of 36.52. We should have a stop loss in place at 39.79 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, 39.68, 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.
Day Trading Plans for WGS
- Buy WGS slightly over 38.39, target 39.68, Stop Loss @ 38.3 Details
If 38.39 begins to break higher, the technical summary data tells us to buy WGS just slightly over 38.39, with an upside target of 39.68. The data also tells us to set a stop loss @ 38.3 in case the stock turns against the trade. 38.39 is the first level of resistance above 37.88, and by rule, any break above resistance is a buy signal. In this case, 38.39, 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 WGS slightly near 38.39, target 36.52, Stop Loss @ 38.48. Details
The technical summary data is suggesting a short of WGS if it tests 38.39 with a downside target of 36.52. We should have a stop loss in place at 38.48 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, 38.39, 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 Genedx Holdings Corp. (WGS) available here: WGS.
WGS Ratings for September 13:
Term → | Near |
Mid |
Long |
Rating |
Strong |
Neutral |
Strong |
P1 |
0 |
0 |
25.15 |
P2 |
36.18 |
32.14 |
32.23 |
P3 |
38.39 |
36.52 |
39.68 |
AI Generated Signals for WGS
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 Genedx Holdings Corp. (NYSE: WGS) data table below can help you with price action, and we have more details too. Trading plans for WGS 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 WGS: