How the (WRLD) price action is used to our Advantage
November 05, 2024, 06:34 am ET, BY Randall S.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for WRLD
- Buy WRLD near 106.37 target 119.21 stop loss @ 106.06 Details
The technical summary data tells us to buy WRLD near 106.37 with an upside target of 119.21. This data also tells us to set a stop loss @ 106.06 to protect against excessive loss in case the stock begins to move against the trade. 106.37 is the first level of support below 113.05 , and by rule, any test of support is a buy signal. In this case, support 106.37 would be being tested, so a buy signal would exist.
- Short WRLD slightly under 119.21, target 106.37, stop loss @ 119.55 Details
The technical summary data is suggesting a short of WRLD as it gets near 119.21 with a downside target of 106.37. We should have a stop loss in place at 119.55though. 119.21 is the first level of resistance above 113.05, and by rule, any test of resistance is a short signal. In this case, if resistance 119.21 is being tested, so a short signal would exist.
Swing Trading Plans for WRLD
- Buy WRLD slightly over 113.61, target 116.8, Stop Loss @ 113.28 Details
If 113.61 begins to break higher, the technical summary data tells us to buy WRLD just slightly over 113.61, with an upside target of 116.8. The data also tells us to set a stop loss @ 113.28 in case the stock turns against the trade. 113.61 is the first level of resistance above 113.05, and by rule, any break above resistance is a buy signal. In this case, 113.61, 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 WRLD slightly near 113.61, target 106.37, Stop Loss @ 113.94. Details
The technical summary data is suggesting a short of WRLD if it tests 113.61 with a downside target of 106.37. We should have a stop loss in place at 113.94 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, 113.61, 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 WRLD
- Buy WRLD slightly over 113.61, target 114.24, Stop Loss @ 113.34 Details
If 113.61 begins to break higher, the technical summary data tells us to buy WRLD just slightly over 113.61, with an upside target of 114.24. The data also tells us to set a stop loss @ 113.34 in case the stock turns against the trade. 113.61 is the first level of resistance above 113.05, and by rule, any break above resistance is a buy signal. In this case, 113.61, 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 WRLD slightly near 113.61, target 112.08, Stop Loss @ 113.88. Details
The technical summary data is suggesting a short of WRLD if it tests 113.61 with a downside target of 112.08. We should have a stop loss in place at 113.88 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, 113.61, 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 World Acceptance Corporation (WRLD) available here: WRLD.
WRLD Ratings for November 05:
| Term → | Near |
Mid |
Long |
|---|
| Rating |
Weak |
Neutral |
Neutral |
| P1 |
0 |
0 |
106.37 |
| P2 |
112.08 |
113.61 |
119.21 |
| P3 |
114.24 |
116.8 |
133.3 |
AI Generated Signals for WRLD
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 World Acceptance Corporation (NASDAQ: WRLD) data table below can help you with price action, and we have more details too. Trading plans for WRLD 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 WRLD:
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