How the price action of Spdr Dow Jones Reit (RWR) is used to our Advantage
January 22, 2023, 13:30 pm ET, BY John- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for RWR
- Buy RWR slightly over 89.79 target 97.50 stop loss @ 89.53 Details
The technical summary data tells us to buy RWR near 89.79 with an upside target of 97.50. This data also tells us to set a stop loss @ 89.53 to protect against excessive loss in case the stock begins to move against the trade. 89.79 is the first level of support below 92.6 , and by rule, any test of support is a buy signal. In this case, support 89.79 is being tested, a buy signal would exist.
- Short RWR slightly under 97.50, target 89.79, stop loss @ 97.78 Details
The technical summary data is suggesting a short of RWR as it gets near 97.50 with a downside target of 89.79. We should have a stop loss in place at 97.78though. 97.50 is the first level of resistance above 92.6, and by rule, any test of resistance is a short signal. In this case, if resistance 97.50 is being tested, a short signal would exist.
Swing Trading Plans for RWR
- Buy RWR slightly over 93.88, target 97.50, Stop Loss @ 93.61 Details
If 93.88 begins to break higher, the technical summary data tells us to buy RWR just slightly over 93.88, with an upside target of 97.50. The data also tells us to set a stop loss @ 93.61 in case the stock turns against the trade. 93.88 is the first level of resistance above 92.6, and by rule, any break above resistance is a buy signal. In this case, 93.88, 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 RWR slightly near 93.88, target 90.71, Stop Loss @ 94.15. Details
The technical summary data is suggesting a short of RWR if it tests 93.88 with a downside target of 90.71. We should have a stop loss in place at 94.15 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, 93.88, 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 RWR
- Buy RWR slightly over 93.88, target 94.85, Stop Loss @ 93.66 Details
If 93.88 begins to break higher, the technical summary data tells us to buy RWR just slightly over 93.88, with an upside target of 94.85. The data also tells us to set a stop loss @ 93.66 in case the stock turns against the trade. 93.88 is the first level of resistance above 92.6, and by rule, any break above resistance is a buy signal. In this case, 93.88, 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 RWR slightly near 93.88, target 91.34, Stop Loss @ 94.1. Details
The technical summary data is suggesting a short of RWR if it tests 93.88 with a downside target of 91.34. We should have a stop loss in place at 94.1 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, 93.88, 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 Spdr Dow Jones Reit (RWR) available here: RWR.
RWR Ratings for January 22:
| Term → | Near |
Mid |
Long |
|---|
| Rating |
Neutral |
Strong |
Weak |
| P1 |
0 |
0 |
82.03 |
| P2 |
91.34 |
90.71 |
89.79 |
| P3 |
94.85 |
93.88 |
97.50 |
AI Generated Signals for RWR
Blue = Current Price
Red= Resistance
Green = Support
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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 Spdr Dow Jones Reit (NYSE: RWR) data table below can help you with price action, and we have more details too. Trading plans for RWR 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 RWR:
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