Trading (DIA) With Integrated Risk Controls

May 27, 2024, 22:12 pm ET, BY Harold S.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for DIA

• Buy DIA slightly over 378.87 target 393.58 stop loss @ 377.78 Details

The technical summary data tells us to buy DIA near 378.87 with an upside target of 393.58. This data also tells us to set a stop loss @ 377.78 to protect against excessive loss in case the stock begins to move against the trade. 378.87 is the first level of support below 390.64 , and by rule, any test of support is a buy signal. In this case, support 378.87 would be being tested, so a buy signal would exist.

• Short DIA slightly under 393.58, target 378.87, stop loss @ 394.72 Details

The technical summary data is suggesting a short of DIA as it gets near 393.58 with a downside target of 378.87. We should have a stop loss in place at 394.72though. 393.58 is the first level of resistance above 390.64, and by rule, any test of resistance is a short signal. In this case, if resistance 393.58 is being tested, so a short signal would exist.

Swing Trading Plans for DIA

• Buy DIA slightly over 392.93, target 393.58, Stop Loss @ 391.8 Details

If 392.93 begins to break higher, the technical summary data tells us to buy DIA just slightly over 392.93, with an upside target of 393.58. The data also tells us to set a stop loss @ 391.8 in case the stock turns against the trade. 392.93 is the first level of resistance above 390.64, and by rule, any break above resistance is a buy signal. In this case, 392.93, 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 DIA slightly near 392.93, target 378.87, Stop Loss @ 394.06. Details

The technical summary data is suggesting a short of DIA if it tests 392.93 with a downside target of 378.87. We should have a stop loss in place at 394.06 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, 392.93, 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 DIA

• Buy DIA slightly over 391.81, target 392.93, Stop Loss @ 390.9 Details

If 391.81 begins to break higher, the technical summary data tells us to buy DIA just slightly over 391.81, with an upside target of 392.93. The data also tells us to set a stop loss @ 390.9 in case the stock turns against the trade. 391.81 is the first level of resistance above 390.64, and by rule, any break above resistance is a buy signal. In this case, 391.81, 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 DIA slightly near 391.81, target 389.08, Stop Loss @ 392.72. Details

The technical summary data is suggesting a short of DIA if it tests 391.81 with a downside target of 389.08. We should have a stop loss in place at 392.72 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, 391.81, 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 Industrial Average Etf (DIA) available here: DIA.

DIA Ratings for May 27:

Term →	Near	Mid	Long
Rating	Weak	Neutral	Strong
P1	0	0	378.87
P2	389.08	392.93	393.58
P3	391.81	399.55	407.68

AI Generated Signals for DIA

Real Time Updates for Repeat Institutional Readers:

• Factset: Request User/Pass
• Bloomberg, Reuters, Refinitiv, Zacks, or IB users: Access Here.

Instructions:

• Click the Get Real Time Updates button below.

• In the login prompt, select forgot username

• Type the email you use for Factset

• Use the user/pass you receive to login

• You will have 24/7 access to real time updates.

From then on you can just click to get the real time update whenever you want.

GET REAL TIME UPDATES

Market Crash Leading Indicator

Our Market Crash Leading Indicator isEvitar Corte.

• Evitar Corte warned of market crash risk four times since 2000.

• It identified the Internet Debacle before it happened.

• It identified the Credit Crisis before it happened.

• It identified the Corona Crash too.

• See what Evitar Corte is Saying Now.

Get Notified When our Ratings Change:Take a Trial

Price matters most to #makingmoney in the #stockmarket. Celebrating 20 years, Stock Traders Daily provides the tools that help you develop investment strategies, and this is a good example. When we couple this with our market based analysis, the probabilities of going with the flow increases, and that is material over time. The Spdr Dow Jones Industrial Average Etf (NYSE: DIA) report below can help you, but we have more details too. The trading plans for DIA, and the other 1000+ stocks we follow, are updated in real time for subscribers, but this report is static. If you want an update, or a different report, please get one here Unlimited Real Time Reports.