Learn to Evaluate (MGMT) using the Charts
July 13, 2024, 01:32 am ET, BY Harold S.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for MGMT
- Buy MGMT slightly over 36.55 target 38.17 stop loss @ 36.44 Details
The technical summary data tells us to buy MGMT near 36.55 with an upside target of 38.17. This data also tells us to set a stop loss @ 36.44 to protect against excessive loss in case the stock begins to move against the trade. 36.55 is the first level of support below 37.44 , and by rule, any test of support is a buy signal. In this case, support 36.55 is being tested, a buy signal would exist.
- Short MGMT slightly under 38.17, target 36.55, stop loss @ 38.28 Details
The technical summary data is suggesting a short of MGMT as it gets near 38.17 with a downside target of 36.55. We should have a stop loss in place at 38.28though. 38.17 is the first level of resistance above 37.44, and by rule, any test of resistance is a short signal. In this case, if resistance 38.17 is being tested, a short signal would exist.
Swing Trading Plans for MGMT
- Buy MGMT slightly over 38.17, target n/a, Stop Loss @ 38.06 Details
If 38.17 begins to break higher, the technical summary data tells us to buy MGMT just slightly over 38.17, with an upside target of n/a. The data also tells us to set a stop loss @ 38.06 in case the stock turns against the trade. 38.17 is the first level of resistance above 37.44, and by rule, any break above resistance is a buy signal. In this case, 38.17, 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 MGMT slightly near 38.17, target 36.57, Stop Loss @ 38.28. Details
The technical summary data is suggesting a short of MGMT if it tests 38.17 with a downside target of 36.57. We should have a stop loss in place at 38.28 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, 38.17, 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 MGMT
- Buy MGMT slightly over 38.17, target n/a, Stop Loss @ 38.08 Details
If 38.17 begins to break higher, the technical summary data tells us to buy MGMT just slightly over 38.17, with an upside target of n/a. The data also tells us to set a stop loss @ 38.08 in case the stock turns against the trade. 38.17 is the first level of resistance above 37.44, and by rule, any break above resistance is a buy signal. In this case, 38.17, 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 MGMT slightly near 38.17, target 36.93, Stop Loss @ 38.26. Details
The technical summary data is suggesting a short of MGMT if it tests 38.17 with a downside target of 36.93. We should have a stop loss in place at 38.26 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, 38.17, 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 Ballast Small/mid Cap Etf (MGMT) available here: MGMT.
MGMT Ratings for July 13:
| Term → | Near |
Mid |
Long |
|---|
| Rating |
Strong |
Neutral |
Neutral |
| P1 |
0 |
0 |
34.93 |
| P2 |
36.22 |
35.84 |
36.55 |
| P3 |
36.93 |
36.57 |
38.17 |
AI Generated Signals for MGMT
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 Ballast Small/mid Cap Etf (NASDAQ: MGMT) report below can help you understand how to do this. The trading plans for MGMT, 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 MGMT:
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