How the (IWF) price action is used to our Advantage
March 23, 2024, 16:26 pm ET, BY Bill- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for IWF
- Buy IWF slightly over 336 target n/a stop loss @ 335.03. Details
The technical summary data tells us to buy IWF near 336, but there is no current upside target from the summary table. In this case we should wait until either an update to the summary table has been made (which usually happens at the beginning of every trading day), or until the position has been stopped. The data does tell us to set a stop loss 335.03 to protect against excessive loss in case the stock begins to move against the trade. 336 is the first level of support below 339.01, and by rule, any test of support is a buy signal. In this case, if support 336 is being tested, a buy signal would exist.
- NONE . Details
NONE .
There are no current resistance levels from the summary table, and therefore there are no Short resistance Plans which tell us to short upon tests of resistance. Resistance levels have broken higher and unless the stock reverses lower and below support levels again short positions look risky.
Swing Trading Plans for IWF
- Buy IWF slightly over 340.05, target n/a, Stop Loss @ 339.07 Details
If 340.05 begins to break higher, the technical summary data tells us to buy IWF just slightly over 340.05, with an upside target of n/a. The data also tells us to set a stop loss @ 339.07 in case the stock turns against the trade. 340.05 is the first level of resistance above 339.01, and by rule, any break above resistance is a buy signal. In this case, 340.05, 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 IWF slightly near 340.05, target 336, Stop Loss @ 341.03. Details
The technical summary data is suggesting a short of IWF if it tests 340.05 with a downside target of 336. We should have a stop loss in place at 341.03 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, 340.05, 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 IWF
- Buy IWF slightly over 340.05, target 342.07, Stop Loss @ 339.26 Details
If 340.05 begins to break higher, the technical summary data tells us to buy IWF just slightly over 340.05, with an upside target of 342.07. The data also tells us to set a stop loss @ 339.26 in case the stock turns against the trade. 340.05 is the first level of resistance above 339.01, and by rule, any break above resistance is a buy signal. In this case, 340.05, 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 IWF slightly near 340.05, target 338.79, Stop Loss @ 340.84. Details
The technical summary data is suggesting a short of IWF if it tests 340.05 with a downside target of 338.79. We should have a stop loss in place at 340.84 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, 340.05, 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 Ishares Russell 1000 Growth Etf (IWF) available here: IWF.
IWF Ratings for March 23:
| Term → | Near |
Mid |
Long |
|---|
| Rating |
Strong |
Neutral |
Strong |
| P1 |
0 |
0 |
305.95 |
| P2 |
338.79 |
334.41 |
321.19 |
| P3 |
342.07 |
340.05 |
336 |
AI Generated Signals for IWF
Blue = Current Price
Red= Resistance
Green = Support
Real Time Updates for Repeat Institutional Readers:
Instructions:Click the Get Real Time Updates button below.
In the login prompt, select forgot username
Type the email you use for Factset
Use the user/pass you receive to login
You will have 24/7 access to real time updates.
From then on you can just click to get the real time update whenever you want.
GET REAL TIME UPDATES
Our Market Crash Leading Indicator isEvitar Corte.
Evitar Corte warned of market crash risk four times since 2000.
It identified the Internet Debacle before it happened.
It identified the Credit Crisis before it happened.
It identified the Corona Crash too.
See what Evitar Corte is Saying Now.
Get Notified When our Ratings Change:Take a Trial
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 Ishares Russell 1000 Growth Etf (NYSE: IWF) data table below can help you with price action, and we have more details too. Trading plans for IWF 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 IWF:
pool ads
