When the Price of (MGK) Talks, People Listen

November 13, 2024, 18:36 pm ET, BY Randall S.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for MGK

• Buy MGK near 330.49 target 344.97 stop loss @ 329.54 Details

The technical summary data tells us to buy MGK near 330.49 with an upside target of 344.97. This data also tells us to set a stop loss @ 329.54 to protect against excessive loss in case the stock begins to move against the trade. 330.49 is the first level of support below 340.34 , and by rule, any test of support is a buy signal. In this case, support 330.49 is being tested, a buy signal would exist.

• Short MGK slightly under 344.97, target 330.49, stop loss @ 345.97 Details

The technical summary data is suggesting a short of MGK as it gets near 344.97 with a downside target of 330.49. We should have a stop loss in place at 345.97though. 344.97 is the first level of resistance above 340.34, and by rule, any test of resistance is a short signal. In this case, if resistance 344.97 is being tested, a short signal would exist.

Swing Trading Plans for MGK

• Buy MGK slightly over 344.97, target 346.56, Stop Loss @ 343.97 Details

If 344.97 begins to break higher, the technical summary data tells us to buy MGK just slightly over 344.97, with an upside target of 346.56. The data also tells us to set a stop loss @ 343.97 in case the stock turns against the trade. 344.97 is the first level of resistance above 340.34, and by rule, any break above resistance is a buy signal. In this case, 344.97, 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 MGK slightly near 344.97, target 336.27, Stop Loss @ 345.97. Details

The technical summary data is suggesting a short of MGK if it tests 344.97 with a downside target of 336.27. We should have a stop loss in place at 345.97 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, 344.97, 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 MGK

• Buy MGK slightly over 342, target 344.97, Stop Loss @ 341.2 Details

If 342 begins to break higher, the technical summary data tells us to buy MGK just slightly over 342, with an upside target of 344.97. The data also tells us to set a stop loss @ 341.2 in case the stock turns against the trade. 342 is the first level of resistance above 340.34, and by rule, any break above resistance is a buy signal. In this case, 342, 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 MGK slightly near 342, target 340.28, Stop Loss @ 342.8. Details

The technical summary data is suggesting a short of MGK if it tests 342 with a downside target of 340.28. We should have a stop loss in place at 342.8 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, 342, 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 Vanguard Mega Cap Growth Etf (MGK) available here: MGK.

MGK Ratings for November 13:

Term →	Near	Mid	Long
Rating	Strong	Strong	Strong
P1	0	0	314.8
P2	340.28	336.27	330.49
P3	342	346.56	344.97

AI Generated Signals for MGK

Real Time Updates for Repeat Institutional Readers:

• Factset: Request User/Pass
• Bloomberg, Reuters, Refinitiv, Zacks, or IB users: Access Here.

Instructions:

• Click the Get Real Time Updates button below.

• In the login prompt, select forgot username

• Type the email you use for Factset

• Use the user/pass you receive to login

• You will have 24/7 access to real time updates.

From then on you can just click to get the real time update whenever you want.

GET REAL TIME UPDATES

Market Crash Leading Indicator

Our Market Crash Leading Indicator isEvitar Corte.

• Evitar Corte warned of market crash risk four times since 2000.

• It identified the Internet Debacle before it happened.

• It identified the Credit Crisis before it happened.

• It identified the Corona Crash too.

• See what Evitar Corte is Saying Now.

Get Notified When our Ratings Change:Take a Trial

This is not EF Hutton, but it could be more #powerful.  A picture speaks a thousand words, they say, and the #priceaction of Vanguard Mega Cap Growth Etf (NYSE: MGK) tells an important story.  The movement tells us where investors perceive value, or the lack of it, and if we pay attention we can capture opportunity.  The data below for MGK can be used as an example, and demonstrate how to do this for other stocks too.  This data was current at the time of publication, but it is not updated in real time here. If you want real time updates, or data on a different stock, please get one here Unlimited Real Time Reports.