Trading (NRGU) With Integrated Risk Controls

February 11, 2024, 12:12 pm ET, BY Harold S.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for NRGU

• Buy NRGU slightly over 363.84 target 439.69 stop loss @ 362.79 Details

The technical summary data tells us to buy NRGU near 363.84 with an upside target of 439.69. This data also tells us to set a stop loss @ 362.79 to protect against excessive loss in case the stock begins to move against the trade. 363.84 is the first level of support below 427.77 , and by rule, any test of support is a buy signal. In this case, support 363.84 would be being tested, so a buy signal would exist.

• Short NRGU slightly under 439.69, target 363.84, stop loss @ 440.96 Details

The technical summary data is suggesting a short of NRGU as it gets near 439.69 with a downside target of 363.84. We should have a stop loss in place at 440.96though. 439.69 is the first level of resistance above 427.77, and by rule, any test of resistance is a short signal. In this case, if resistance 439.69 is being tested, so a short signal would exist.

Swing Trading Plans for NRGU

• Buy NRGU slightly over 429.83, target 439.69, Stop Loss @ 428.59 Details

If 429.83 begins to break higher, the technical summary data tells us to buy NRGU just slightly over 429.83, with an upside target of 439.69. The data also tells us to set a stop loss @ 428.59 in case the stock turns against the trade. 429.83 is the first level of resistance above 427.77, and by rule, any break above resistance is a buy signal. In this case, 429.83, 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 NRGU slightly near 429.83, target 363.84, Stop Loss @ 431.07. Details

The technical summary data is suggesting a short of NRGU if it tests 429.83 with a downside target of 363.84. We should have a stop loss in place at 431.07 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, 429.83, 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 NRGU

• Buy NRGU slightly over 429.83, target 432.01, Stop Loss @ 428.83 Details

If 429.83 begins to break higher, the technical summary data tells us to buy NRGU just slightly over 429.83, with an upside target of 432.01. The data also tells us to set a stop loss @ 428.83 in case the stock turns against the trade. 429.83 is the first level of resistance above 427.77, and by rule, any break above resistance is a buy signal. In this case, 429.83, 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 NRGU slightly near 429.83, target 363.84, Stop Loss @ 430.83. Details

The technical summary data is suggesting a short of NRGU if it tests 429.83 with a downside target of 363.84. We should have a stop loss in place at 430.83 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, 429.83, 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 Bank Of Montreal Zc Sp Etn Redeem 25/03/2039 Usd 50 - Ser E Nrgu (NRGU) available here: NRGU.

NRGU Ratings for February 11:

Term →	Near	Mid	Long
Rating	Strong	Strong	Strong
P1	0	0	363.84
P2	432.01	429.83	439.69
P3	447	452.43	521.27

AI Generated Signals for NRGU

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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 Bank Of Montreal Zc Sp Etn Redeem 25/03/2039 Usd 50 - Ser E Nrgu (NASDAQ: NRGU) report below can help you, but we have more details too. The trading plans for NRGU, 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.