When (GTR) Moves Investors should Listen
May 21, 2024, 12:46 pm ET, BY Neal- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for GTR
- Buy GTR slightly over 23.4 target 24.03 stop loss @ 23.33 Details
The technical summary data tells us to buy GTR near 23.4 with an upside target of 24.03. This data also tells us to set a stop loss @ 23.33 to protect against excessive loss in case the stock begins to move against the trade. 23.4 is the first level of support below 23.88 , and by rule, any test of support is a buy signal. In this case, support 23.4 is being tested, a buy signal would exist.
- Short GTR slightly under 24.03, target 23.4, stop loss @ 24.1 Details
The technical summary data is suggesting a short of GTR as it gets near 24.03 with a downside target of 23.4. We should have a stop loss in place at 24.1though. 24.03 is the first level of resistance above 23.88, and by rule, any test of resistance is a short signal. In this case, if resistance 24.03 is being tested, a short signal would exist.
Swing Trading Plans for GTR
- Buy GTR slightly over n/a, target n/a, Stop Loss @ 0 Details
If n/a begins to break higher, the technical summary data tells us to buy GTR just slightly over n/a, with an upside target of n/a. The data also tells us to set a stop loss @ 0 in case the stock turns against the trade. n/a is the first level of resistance above 23.88, and by rule, any break above resistance is a buy signal. In this case, n/a, 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 GTR slightly near n/a, target 23.4, Stop Loss @ 0. Details
The technical summary data is suggesting a short of GTR if it tests n/a with a downside target of 23.4. We should have a stop loss in place at 0 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, n/a, 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 GTR
- Buy GTR slightly over 24.03, target n/a, Stop Loss @ 23.97 Details
If 24.03 begins to break higher, the technical summary data tells us to buy GTR just slightly over 24.03, with an upside target of n/a. The data also tells us to set a stop loss @ 23.97 in case the stock turns against the trade. 24.03 is the first level of resistance above 23.88, and by rule, any break above resistance is a buy signal. In this case, 24.03, 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 GTR slightly near 24.03, target 23.4, Stop Loss @ 24.09. Details
The technical summary data is suggesting a short of GTR if it tests 24.03 with a downside target of 23.4. We should have a stop loss in place at 24.09 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, 24.03, 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 Wisdomtree Target Range Fund (GTR) available here: GTR.
GTR Ratings for May 21:
Term → | Near |
Mid |
Long |
Rating |
Neutral |
Neutral |
Neutral |
P1 |
0 |
0 |
22.69 |
P2 |
24 |
24 |
23.4 |
P3 |
0 |
|
24.03 |
AI Generated Signals for GTR
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 Wisdomtree Target Range Fund (NYSE: GTR) report below is a real world example. Included are trading plans for GTR, 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 GTR: