Learn to Evaluate (USG) using the Charts
November 28, 2024, 07:58 am ET, BY Joseph H.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for USG
- Buy USG near 28.95 target 30 stop loss @ 28.87 Details
The technical summary data tells us to buy USG near 28.95 with an upside target of 30. This data also tells us to set a stop loss @ 28.87 to protect against excessive loss in case the stock begins to move against the trade. 28.95 is the first level of support below 29.6073 , and by rule, any test of support is a buy signal. In this case, support 28.95 would be being tested, so a buy signal would exist.
- Short USG slightly under 30, target 28.95, stop loss @ 30.09 Details
The technical summary data is suggesting a short of USG as it gets near 30 with a downside target of 28.95. We should have a stop loss in place at 30.09though. 30 is the first level of resistance above 29.6073, and by rule, any test of resistance is a short signal. In this case, if resistance 30 is being tested, so a short signal would exist.
Swing Trading Plans for USG
- Buy USG slightly over 30, target 30.23, Stop Loss @ 29.91 Details
If 30 begins to break higher, the technical summary data tells us to buy USG just slightly over 30, with an upside target of 30.23. The data also tells us to set a stop loss @ 29.91 in case the stock turns against the trade. 30 is the first level of resistance above 29.6073, and by rule, any break above resistance is a buy signal. In this case, 30, 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 USG slightly near 30, target 29.48, Stop Loss @ 30.09. Details
The technical summary data is suggesting a short of USG if it tests 30 with a downside target of 29.48. We should have a stop loss in place at 30.09 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, 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 USG
- Buy USG slightly over 30, target 30.23, Stop Loss @ 29.93 Details
If 30 begins to break higher, the technical summary data tells us to buy USG just slightly over 30, with an upside target of 30.23. The data also tells us to set a stop loss @ 29.93 in case the stock turns against the trade. 30 is the first level of resistance above 29.6073, and by rule, any break above resistance is a buy signal. In this case, 30, 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 USG slightly near 30, target 29.58, Stop Loss @ 30.07. Details
The technical summary data is suggesting a short of USG if it tests 30 with a downside target of 29.58. We should have a stop loss in place at 30.07 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, 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 Uscf Gold Strategy Plus Income Fund (USG) available here: USG.
USG Ratings for November 28:
| Term → | Near |
Mid |
Long |
|---|
| Rating |
Weak |
Neutral |
Strong |
| P1 |
0 |
0 |
28.95 |
| P2 |
29.04 |
29.48 |
30 |
| P3 |
29.58 |
30.23 |
31.1 |
AI Generated Signals for USG
Blue = Current Price
Red= Resistance
Green = Support
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When #institutionalinvestors make decisions to buy and sell #stocks they normally want to keep it quiet. However, if we pay close attention we can see what is going on, and make good decisions.. The Uscf Gold Strategy Plus Income Fund (NYSE: USG) report below can help you understand how to do this. The trading plans for USG, are updated in real time for subscribers, but this report is static. If you want an update, or a different report on a different stock, please get one here Unlimited Real Time Reports.
Fundamental Charts for USG:
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