When Invalid Iqfeed Symbol (MANT) Moves Investors should Listen

October 16, 2022, 06:30 am ET, BY Thomas Y.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

How do we know what is going on #behindthescenes of a company?  According to Stock Traders Daily, a 20-year #financialindustry innovator, the best way to do this to to watch the price action in the stock. The  Invalid Iqfeed Symbol (NASDAQ: MANT) report below is a real world example. Included are trading plans for MANT, but this report is static. If you want an update, or a different stock, please get one here Unlimited Real Time Reports. 

Longer Term Trading Plans for MANT

• Buy MANT slightly over 91.65 target 97.15 stop loss @ 91.39 Details

The technical summary data tells us to buy MANT near 91.65 with an upside target of 97.15. This data also tells us to set a stop loss @ 91.39 to protect against excessive loss in case the stock begins to move against the trade. 91.65 is the first level of support below 95.98 , and by rule, any test of support is a buy signal. In this case, support 91.65 would be being tested, so a buy signal would exist.

• Short MANT slightly under 97.15, target 91.65, stop loss @ 97.43 Details

The technical summary data is suggesting a short of MANT as it gets near 97.15 with a downside target of 91.65. We should have a stop loss in place at 97.43though. 97.15 is the first level of resistance above 95.98, and by rule, any test of resistance is a short signal. In this case, if resistance 97.15 is being tested, so a short signal would exist.

Swing Trading Plans for MANT

• Buy MANT slightly over 96.02, target 97.15, Stop Loss @ 95.74 Details

If 96.02 begins to break higher, the technical summary data tells us to buy MANT just slightly over 96.02, with an upside target of 97.15. The data also tells us to set a stop loss @ 95.74 in case the stock turns against the trade. 96.02 is the first level of resistance above 95.98, and by rule, any break above resistance is a buy signal. In this case, 96.02, 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 MANT slightly near 96.02, target 91.65, Stop Loss @ 96.3. Details

The technical summary data is suggesting a short of MANT if it tests 96.02 with a downside target of 91.65. We should have a stop loss in place at 96.3 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, 96.02, 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 MANT

• Buy MANT slightly over 96.02, target 97.15, Stop Loss @ 95.8 Details

If 96.02 begins to break higher, the technical summary data tells us to buy MANT just slightly over 96.02, with an upside target of 97.15. The data also tells us to set a stop loss @ 95.8 in case the stock turns against the trade. 96.02 is the first level of resistance above 95.98, and by rule, any break above resistance is a buy signal. In this case, 96.02, 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 MANT slightly near 96.02, target 91.65, Stop Loss @ 96.24. Details

The technical summary data is suggesting a short of MANT if it tests 96.02 with a downside target of 91.65. We should have a stop loss in place at 96.24 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, 96.02, 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.

MANT Ratings for October 16:

Term →	Near	Mid	Long
Rating	Neutral	Neutral	Strong
P1	0	0	91.65
P2	96.00	96.02	97.15
P3	0		102.08

Support and Resistance Plot Chart for MANT

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