Learn to Evaluate (AMDY) using the Charts
November 07, 2024, 00:54 am ET, BY Neal- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for AMDY
- Buy AMDY near 11.68 target 13.25 stop loss @ 11.65 Details
The technical summary data tells us to buy AMDY near 11.68 with an upside target of 13.25. This data also tells us to set a stop loss @ 11.65 to protect against excessive loss in case the stock begins to move against the trade. 11.68 is the first level of support below 12.75 , and by rule, any test of support is a buy signal. In this case, support 11.68 would be being tested, so a buy signal would exist.
- Short AMDY slightly under 13.25, target 11.68, stop loss @ 13.29 Details
The technical summary data is suggesting a short of AMDY as it gets near 13.25 with a downside target of 11.68. We should have a stop loss in place at 13.29though. 13.25 is the first level of resistance above 12.75, and by rule, any test of resistance is a short signal. In this case, if resistance 13.25 is being tested, so a short signal would exist.
Swing Trading Plans for AMDY
- Buy AMDY slightly over 12.85, target 13.25, Stop Loss @ 12.81 Details
If 12.85 begins to break higher, the technical summary data tells us to buy AMDY just slightly over 12.85, with an upside target of 13.25. The data also tells us to set a stop loss @ 12.81 in case the stock turns against the trade. 12.85 is the first level of resistance above 12.75, and by rule, any break above resistance is a buy signal. In this case, 12.85, 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 AMDY slightly near 12.85, target 12.09, Stop Loss @ 12.89. Details
The technical summary data is suggesting a short of AMDY if it tests 12.85 with a downside target of 12.09. We should have a stop loss in place at 12.89 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, 12.85, 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 AMDY
- Buy AMDY slightly over 12.85, target 13.25, Stop Loss @ 12.82 Details
If 12.85 begins to break higher, the technical summary data tells us to buy AMDY just slightly over 12.85, with an upside target of 13.25. The data also tells us to set a stop loss @ 12.82 in case the stock turns against the trade. 12.85 is the first level of resistance above 12.75, and by rule, any break above resistance is a buy signal. In this case, 12.85, 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 AMDY slightly near 12.85, target 12.62, Stop Loss @ 12.88. Details
The technical summary data is suggesting a short of AMDY if it tests 12.85 with a downside target of 12.62. We should have a stop loss in place at 12.88 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, 12.85, 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 Yieldmax Amd Option Income Strategy Etf (AMDY) available here: AMDY.
AMDY Ratings for November 07:
Term → | Near |
Mid |
Long |
Rating |
Weak |
Weak |
Neutral |
P1 |
0 |
0 |
11.68 |
P2 |
12.4 |
12.09 |
13.25 |
P3 |
12.62 |
12.85 |
14.93 |
AI Generated Signals for AMDY
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 Yieldmax Amd Option Income Strategy Etf (NASDAQ: AMDY) report below can help you understand how to do this. The trading plans for AMDY, 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 AMDY: