Trading (NOCT) With Integrated Risk Controls
October 26, 2024, 02:58 am ET, BY Patrick- Contributor, Stock Traders Daily| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for NOCT
- Buy NOCT near 49.67 target 50.5 stop loss @ 49.53 Details
The technical summary data tells us to buy NOCT near 49.67 with an upside target of 50.5. This data also tells us to set a stop loss @ 49.53 to protect against excessive loss in case the stock begins to move against the trade. 49.67 is the first level of support below 50.3 , and by rule, any test of support is a buy signal. In this case, support 49.67 would be being tested, so a buy signal would exist.
- Short NOCT slightly under 50.5, target 49.67, stop loss @ 50.65 Details
The technical summary data is suggesting a short of NOCT as it gets near 50.5 with a downside target of 49.67. We should have a stop loss in place at 50.65though. 50.5 is the first level of resistance above 50.3, and by rule, any test of resistance is a short signal. In this case, if resistance 50.5 is being tested, so a short signal would exist.
Swing Trading Plans for NOCT
- Buy NOCT slightly over 50.5, target 51.13, Stop Loss @ 50.35 Details
If 50.5 begins to break higher, the technical summary data tells us to buy NOCT just slightly over 50.5, with an upside target of 51.13. The data also tells us to set a stop loss @ 50.35 in case the stock turns against the trade. 50.5 is the first level of resistance above 50.3, and by rule, any break above resistance is a buy signal. In this case, 50.5, 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 NOCT slightly near 50.5, target 50.04, Stop Loss @ 50.65. Details
The technical summary data is suggesting a short of NOCT if it tests 50.5 with a downside target of 50.04. We should have a stop loss in place at 50.65 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, 50.5, 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 NOCT
- Buy NOCT slightly over 50.5, target 51.13, Stop Loss @ 50.38 Details
If 50.5 begins to break higher, the technical summary data tells us to buy NOCT just slightly over 50.5, with an upside target of 51.13. The data also tells us to set a stop loss @ 50.38 in case the stock turns against the trade. 50.5 is the first level of resistance above 50.3, and by rule, any break above resistance is a buy signal. In this case, 50.5, 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 NOCT slightly near 50.5, target 49.67, Stop Loss @ 50.62. Details
The technical summary data is suggesting a short of NOCT if it tests 50.5 with a downside target of 49.67. We should have a stop loss in place at 50.62 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, 50.5, 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 Innovator Growth-100 Power Buffer Etf- October (NOCT) available here: NOCT.
NOCT Ratings for October 26:
| Term → | Near |
Mid |
Long |
|---|
| Rating |
Neutral |
Neutral |
Strong |
| P1 |
0 |
0 |
49.67 |
| P2 |
49.96 |
50.04 |
50.5 |
| P3 |
50.2 |
50.39 |
51.13 |
AI Generated Signals for NOCT
Blue = Current Price
Red= Resistance
Green = Support
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Price matters most to #makingmoney in the #stockmarket. Celebrating 20 years, Stock Traders Daily provides the tools that help you develop investment strategies, and this is a good example. When we couple this with our market based analysis, the probabilities of going with the flow increases, and that is material over time. The Innovator Growth-100 Power Buffer Etf- October (NASDAQ: NOCT) report below can help you, but we have more details too. The trading plans for NOCT, and the other 1000+ stocks we follow, are updated in real time for subscribers, but this report is static. If you want an update, or a different report, please get one here Unlimited Real Time Reports.
Fundamental Charts for NOCT:
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