Learn to Evaluate (LQD) using the Charts
October 30, 2024, 03:20 am ET, BY Patrick- Contributor, Stock Traders Daily| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for LQD
- Buy LQD near 108.17 target 110.78 stop loss @ 107.86 Details
The technical summary data tells us to buy LQD near 108.17 with an upside target of 110.78. This data also tells us to set a stop loss @ 107.86 to protect against excessive loss in case the stock begins to move against the trade. 108.17 is the first level of support below 109.35 , and by rule, any test of support is a buy signal. In this case, support 108.17 would be being tested, so a buy signal would exist.
- Short LQD slightly under 110.78, target 108.17, stop loss @ 111.1 Details
The technical summary data is suggesting a short of LQD as it gets near 110.78 with a downside target of 108.17. We should have a stop loss in place at 111.1though. 110.78 is the first level of resistance above 109.35, and by rule, any test of resistance is a short signal. In this case, if resistance 110.78 is being tested, so a short signal would exist.
Swing Trading Plans for LQD
- Buy LQD slightly over 110.78, target 113.38, Stop Loss @ 110.46 Details
If 110.78 begins to break higher, the technical summary data tells us to buy LQD just slightly over 110.78, with an upside target of 113.38. The data also tells us to set a stop loss @ 110.46 in case the stock turns against the trade. 110.78 is the first level of resistance above 109.35, and by rule, any break above resistance is a buy signal. In this case, 110.78, 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 LQD slightly near 110.78, target 109.31, Stop Loss @ 111.1. Details
The technical summary data is suggesting a short of LQD if it tests 110.78 with a downside target of 109.31. We should have a stop loss in place at 111.1 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, 110.78, 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 LQD
- Buy LQD slightly over 109.38, target 110.78, Stop Loss @ 109.12 Details
If 109.38 begins to break higher, the technical summary data tells us to buy LQD just slightly over 109.38, with an upside target of 110.78. The data also tells us to set a stop loss @ 109.12 in case the stock turns against the trade. 109.38 is the first level of resistance above 109.35, and by rule, any break above resistance is a buy signal. In this case, 109.38, 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 LQD slightly near 109.38, target 108.86, Stop Loss @ 109.64. Details
The technical summary data is suggesting a short of LQD if it tests 109.38 with a downside target of 108.86. We should have a stop loss in place at 109.64 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, 109.38, 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 Iboxx Usd Investment Grade Corporate Bond Etf (LQD) available here: LQD.
LQD Ratings for October 30:
Term → | Near |
Mid |
Long |
Rating |
Neutral |
Neutral |
Neutral |
P1 |
0 |
0 |
108.17 |
P2 |
108.86 |
108.3 |
110.78 |
P3 |
109.38 |
109.31 |
113.38 |
AI Generated Signals for LQD
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 Ishares Iboxx Usd Investment Grade Corporate Bond Etf (NYSE: LQD) report below can help you understand how to do this. The trading plans for LQD, 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 LQD: