Learn to Evaluate (RWX) using the Charts
October 30, 2024, 08:42 am ET, BY Mitchell H.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for RWX
- Buy RWX near 24.87 target 26.11 stop loss @ 24.8 Details
The technical summary data tells us to buy RWX near 24.87 with an upside target of 26.11. This data also tells us to set a stop loss @ 24.8 to protect against excessive loss in case the stock begins to move against the trade. 24.87 is the first level of support below 25.42 , and by rule, any test of support is a buy signal. In this case, support 24.87 would be being tested, so a buy signal would exist.
- Short RWX slightly under 26.11, target 24.87, stop loss @ 26.19 Details
The technical summary data is suggesting a short of RWX as it gets near 26.11 with a downside target of 24.87. We should have a stop loss in place at 26.19though. 26.11 is the first level of resistance above 25.42, and by rule, any test of resistance is a short signal. In this case, if resistance 26.11 is being tested, so a short signal would exist.
Swing Trading Plans for RWX
- Buy RWX slightly over 25.52, target 26.11, Stop Loss @ 25.45 Details
If 25.52 begins to break higher, the technical summary data tells us to buy RWX just slightly over 25.52, with an upside target of 26.11. The data also tells us to set a stop loss @ 25.45 in case the stock turns against the trade. 25.52 is the first level of resistance above 25.42, and by rule, any break above resistance is a buy signal. In this case, 25.52, 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 RWX slightly near 25.52, target 25.18, Stop Loss @ 25.59. Details
The technical summary data is suggesting a short of RWX if it tests 25.52 with a downside target of 25.18. We should have a stop loss in place at 25.59 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, 25.52, 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 RWX
- Buy RWX slightly over 25.55, target 26.11, Stop Loss @ 25.49 Details
If 25.55 begins to break higher, the technical summary data tells us to buy RWX just slightly over 25.55, with an upside target of 26.11. The data also tells us to set a stop loss @ 25.49 in case the stock turns against the trade. 25.55 is the first level of resistance above 25.42, and by rule, any break above resistance is a buy signal. In this case, 25.55, 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 RWX slightly near 25.55, target 25.18, Stop Loss @ 25.61. Details
The technical summary data is suggesting a short of RWX if it tests 25.55 with a downside target of 25.18. We should have a stop loss in place at 25.61 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, 25.55, 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 Spdr Dow Jones International Real Estate Etf (RWX) available here: RWX.
RWX Ratings for October 30:
Term → | Near |
Mid |
Long |
Rating |
Weak |
Weak |
Neutral |
P1 |
0 |
0 |
24.87 |
P2 |
25.55 |
25.18 |
26.11 |
P3 |
0 |
25.52 |
27.34 |
AI Generated Signals for RWX
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 Spdr Dow Jones International Real Estate Etf (NYSE: RWX) report below can help you understand how to do this. The trading plans for RWX, 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 RWX: