When (ONEQ) Moves Investors should Listen
June 02, 2024, 01:48 am ET, BY Thomas Y.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for ONEQ
- Buy ONEQ slightly over 64.72 target 67.64 stop loss @ 64.53 Details
The technical summary data tells us to buy ONEQ near 64.72 with an upside target of 67.64. This data also tells us to set a stop loss @ 64.53 to protect against excessive loss in case the stock begins to move against the trade. 64.72 is the first level of support below 65.9 , and by rule, any test of support is a buy signal. In this case, support 64.72 is being tested, a buy signal would exist.
- Short ONEQ slightly under 67.64, target 64.72, stop loss @ 67.84 Details
The technical summary data is suggesting a short of ONEQ as it gets near 67.64 with a downside target of 64.72. We should have a stop loss in place at 67.84though. 67.64 is the first level of resistance above 65.9, and by rule, any test of resistance is a short signal. In this case, if resistance 67.64 is being tested, a short signal would exist.
Swing Trading Plans for ONEQ
- Buy ONEQ slightly over 66.94, target 67.64, Stop Loss @ 66.75 Details
If 66.94 begins to break higher, the technical summary data tells us to buy ONEQ just slightly over 66.94, with an upside target of 67.64. The data also tells us to set a stop loss @ 66.75 in case the stock turns against the trade. 66.94 is the first level of resistance above 65.9, and by rule, any break above resistance is a buy signal. In this case, 66.94, 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 ONEQ slightly near 66.94, target 65.82, Stop Loss @ 67.13. Details
The technical summary data is suggesting a short of ONEQ if it tests 66.94 with a downside target of 65.82. We should have a stop loss in place at 67.13 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, 66.94, 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 ONEQ
- Buy ONEQ slightly over 66.05, target 66.94, Stop Loss @ 65.9 Details
If 66.05 begins to break higher, the technical summary data tells us to buy ONEQ just slightly over 66.05, with an upside target of 66.94. The data also tells us to set a stop loss @ 65.9 in case the stock turns against the trade. 66.05 is the first level of resistance above 65.9, and by rule, any break above resistance is a buy signal. In this case, 66.05, 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 ONEQ slightly near 66.05, target 65.82, Stop Loss @ 66.2. Details
The technical summary data is suggesting a short of ONEQ if it tests 66.05 with a downside target of 65.82. We should have a stop loss in place at 66.2 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, 66.05, 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 Fidelity Nasdaq Composite Tracking Stock (ONEQ) available here: ONEQ.
ONEQ Ratings for June 02:
Term → | Near |
Mid |
Long |
Rating |
Neutral |
Neutral |
Strong |
P1 |
0 |
0 |
61.58 |
P2 |
65.15 |
65.82 |
64.72 |
P3 |
66.05 |
66.94 |
67.64 |
AI Generated Signals for ONEQ
Blue = Current Price
Red= Resistance
Green = Support
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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 Fidelity Nasdaq Composite Tracking Stock (NASDAQ: ONEQ) report below is a real world example. Included are trading plans for ONEQ, but this report is static. If you want an update, or a different stock, please get one here Unlimited Real Time Reports.
Fundamental Charts for ONEQ: