Learn to Evaluate (WGO) using the Charts
November 26, 2024, 16:50 pm ET, BY Patrick- Contributor, Stock Traders Daily| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for WGO
- Buy WGO near 55.09 target 60.84 stop loss @ 54.93 Details
The technical summary data tells us to buy WGO near 55.09 with an upside target of 60.84. This data also tells us to set a stop loss @ 54.93 to protect against excessive loss in case the stock begins to move against the trade. 55.09 is the first level of support below 58.93 , and by rule, any test of support is a buy signal. In this case, support 55.09 is being tested, a buy signal would exist.
- Short WGO slightly under 60.84, target 55.09, stop loss @ 61.02 Details
The technical summary data is suggesting a short of WGO as it gets near 60.84 with a downside target of 55.09. We should have a stop loss in place at 61.02though. 60.84 is the first level of resistance above 58.93, and by rule, any test of resistance is a short signal. In this case, if resistance 60.84 is being tested, a short signal would exist.
Swing Trading Plans for WGO
- Buy WGO slightly over 60.47, target 60.84, Stop Loss @ 60.3 Details
If 60.47 begins to break higher, the technical summary data tells us to buy WGO just slightly over 60.47, with an upside target of 60.84. The data also tells us to set a stop loss @ 60.3 in case the stock turns against the trade. 60.47 is the first level of resistance above 58.93, and by rule, any break above resistance is a buy signal. In this case, 60.47, 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 WGO slightly near 60.47, target 56.42, Stop Loss @ 60.64. Details
The technical summary data is suggesting a short of WGO if it tests 60.47 with a downside target of 56.42. We should have a stop loss in place at 60.64 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, 60.47, 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 WGO
- Buy WGO slightly over 60.47, target 60.84, Stop Loss @ 60.33 Details
If 60.47 begins to break higher, the technical summary data tells us to buy WGO just slightly over 60.47, with an upside target of 60.84. The data also tells us to set a stop loss @ 60.33 in case the stock turns against the trade. 60.47 is the first level of resistance above 58.93, and by rule, any break above resistance is a buy signal. In this case, 60.47, 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 WGO slightly near 60.47, target 56.42, Stop Loss @ 60.61. Details
The technical summary data is suggesting a short of WGO if it tests 60.47 with a downside target of 56.42. We should have a stop loss in place at 60.61 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, 60.47, 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 Winnebago Industries Inc. (WGO) available here: WGO.
WGO Ratings for November 26:
| Term → | Near |
Mid |
Long |
|---|
| Rating |
Strong |
Neutral |
Weak |
| P1 |
0 |
0 |
49.32 |
| P2 |
60.4 |
56.42 |
55.09 |
| P3 |
62.41 |
60.47 |
60.84 |
AI Generated Signals for WGO
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 Winnebago Industries Inc. (NYSE: WGO) report below can help you understand how to do this. The trading plans for WGO, 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 WGO:
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