How the (DFAI) price action is used to our Advantage
May 10, 2024, 07:42 am ET, BY Harold S.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for DFAI
- Buy DFAI slightly over 29.39 target 30.54 stop loss @ 29.31 Details
The technical summary data tells us to buy DFAI near 29.39 with an upside target of 30.54. This data also tells us to set a stop loss @ 29.31 to protect against excessive loss in case the stock begins to move against the trade. 29.39 is the first level of support below 30.34 , and by rule, any test of support is a buy signal. In this case, support 29.39 is being tested, a buy signal would exist.
- Short DFAI slightly under 30.54, target 29.39, stop loss @ 30.63 Details
The technical summary data is suggesting a short of DFAI as it gets near 30.54 with a downside target of 29.39. We should have a stop loss in place at 30.63though. 30.54 is the first level of resistance above 30.34, and by rule, any test of resistance is a short signal. In this case, if resistance 30.54 is being tested, a short signal would exist.
Swing Trading Plans for DFAI
- Buy DFAI slightly over 30.54, target n/a, Stop Loss @ 30.45 Details
If 30.54 begins to break higher, the technical summary data tells us to buy DFAI just slightly over 30.54, with an upside target of n/a. The data also tells us to set a stop loss @ 30.45 in case the stock turns against the trade. 30.54 is the first level of resistance above 30.34, and by rule, any break above resistance is a buy signal. In this case, 30.54, 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 DFAI slightly near 30.54, target 30, Stop Loss @ 30.63. Details
The technical summary data is suggesting a short of DFAI if it tests 30.54 with a downside target of 30. We should have a stop loss in place at 30.63 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, 30.54, 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 DFAI
- Buy DFAI slightly over 30.54, target n/a, Stop Loss @ 30.47 Details
If 30.54 begins to break higher, the technical summary data tells us to buy DFAI just slightly over 30.54, with an upside target of n/a. The data also tells us to set a stop loss @ 30.47 in case the stock turns against the trade. 30.54 is the first level of resistance above 30.34, and by rule, any break above resistance is a buy signal. In this case, 30.54, 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 DFAI slightly near 30.54, target 30, Stop Loss @ 30.61. Details
The technical summary data is suggesting a short of DFAI if it tests 30.54 with a downside target of 30. We should have a stop loss in place at 30.61 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, 30.54, 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 Dimensional International Core Equity Market Etf (DFAI) available here: DFAI.
DFAI Ratings for May 10:
Term → | Near |
Mid |
Long |
Rating |
Strong |
Strong |
Neutral |
P1 |
0 |
0 |
28.18 |
P2 |
30.38 |
30 |
29.39 |
P3 |
0 |
30.42 |
30.54 |
AI Generated Signals for DFAI
Blue = Current Price
Red= Resistance
Green = Support
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Our job as #investors is to pay attention to the #stocks we own. Part of that involves looking at the #fundamentals, but half of the disclosure comes from looking at price action. The Dimensional International Core Equity Market Etf (NASDAQ: DFAI) data table below can help you with price action, and we have more details too. Trading plans for DFAI are shown here too; these plans are updated in real time for subscribers, where this report is static. If you want an update, or a report on a different stock, please get one here Unlimited Real Time Reports.
Fundamental Charts for DFAI: