Learn to Evaluate (GMF) using the Charts
November 23, 2024, 08:54 am ET, BY John- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for GMF
- Buy GMF near 116.16 target 120.97 stop loss @ 115.82 Details
The technical summary data tells us to buy GMF near 116.16 with an upside target of 120.97. This data also tells us to set a stop loss @ 115.82 to protect against excessive loss in case the stock begins to move against the trade. 116.16 is the first level of support below 116.671 , and by rule, any test of support is a buy signal. In this case, support 116.16 would be being tested, so a buy signal would exist.
- Short GMF slightly under 120.97, target 116.16, stop loss @ 121.32 Details
The technical summary data is suggesting a short of GMF as it gets near 120.97 with a downside target of 116.16. We should have a stop loss in place at 121.32though. 120.97 is the first level of resistance above 116.671, and by rule, any test of resistance is a short signal. In this case, if resistance 120.97 is being tested, so a short signal would exist.
Swing Trading Plans for GMF
- Buy GMF slightly over 120.97, target 126.05, Stop Loss @ 120.62 Details
If 120.97 begins to break higher, the technical summary data tells us to buy GMF just slightly over 120.97, with an upside target of 126.05. The data also tells us to set a stop loss @ 120.62 in case the stock turns against the trade. 120.97 is the first level of resistance above 116.671, and by rule, any break above resistance is a buy signal. In this case, 120.97, 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 GMF slightly near 120.97, target 116.61, Stop Loss @ 121.32. Details
The technical summary data is suggesting a short of GMF if it tests 120.97 with a downside target of 116.61. We should have a stop loss in place at 121.32 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, 120.97, 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 GMF
- Buy GMF slightly over 116.89, target 117.56, Stop Loss @ 116.62 Details
If 116.89 begins to break higher, the technical summary data tells us to buy GMF just slightly over 116.89, with an upside target of 117.56. The data also tells us to set a stop loss @ 116.62 in case the stock turns against the trade. 116.89 is the first level of resistance above 116.671, and by rule, any break above resistance is a buy signal. In this case, 116.89, 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 GMF slightly near 116.89, target 116.61, Stop Loss @ 117.16. Details
The technical summary data is suggesting a short of GMF if it tests 116.89 with a downside target of 116.61. We should have a stop loss in place at 117.16 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, 116.89, 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 S&p Emerging Asia Pacific Etf (GMF) available here: GMF.
GMF Ratings for November 23:
| Term → | Near |
Mid |
Long |
|---|
| Rating |
Neutral |
Weak |
Strong |
| P1 |
0 |
0 |
116.16 |
| P2 |
116.89 |
113.86 |
120.97 |
| P3 |
117.56 |
116.61 |
126.05 |
AI Generated Signals for GMF
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 Spdr S&p Emerging Asia Pacific Etf (NYSE: GMF) report below can help you understand how to do this. The trading plans for GMF, 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 GMF:
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