Trading (NMZ) With Integrated Risk Controls
December 16, 2024, 02:42 am ET, BY Harold S.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for NMZ
- Buy NMZ near 11.13 target 11.49 stop loss @ 11.1 Details
The technical summary data tells us to buy NMZ near 11.13 with an upside target of 11.49. This data also tells us to set a stop loss @ 11.1 to protect against excessive loss in case the stock begins to move against the trade. 11.13 is the first level of support below 11.34 , and by rule, any test of support is a buy signal. In this case, support 11.13 would be being tested, so a buy signal would exist.
- Short NMZ slightly under 11.49, target 11.13, stop loss @ 11.52 Details
The technical summary data is suggesting a short of NMZ as it gets near 11.49 with a downside target of 11.13. We should have a stop loss in place at 11.52though. 11.49 is the first level of resistance above 11.34, and by rule, any test of resistance is a short signal. In this case, if resistance 11.49 is being tested, so a short signal would exist.
Swing Trading Plans for NMZ
- Buy NMZ slightly over 11.56, target 11.84, Stop Loss @ 11.53 Details
If 11.56 begins to break higher, the technical summary data tells us to buy NMZ just slightly over 11.56, with an upside target of 11.84. The data also tells us to set a stop loss @ 11.53 in case the stock turns against the trade. 11.56 is the first level of resistance above 11.34, and by rule, any break above resistance is a buy signal. In this case, 11.56, 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 NMZ slightly near 11.56, target 11.13, Stop Loss @ 11.59. Details
The technical summary data is suggesting a short of NMZ if it tests 11.56 with a downside target of 11.13. We should have a stop loss in place at 11.59 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, 11.56, 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 NMZ
- Buy NMZ slightly over 11.56, target 11.84, Stop Loss @ 11.53 Details
If 11.56 begins to break higher, the technical summary data tells us to buy NMZ just slightly over 11.56, with an upside target of 11.84. The data also tells us to set a stop loss @ 11.53 in case the stock turns against the trade. 11.56 is the first level of resistance above 11.34, and by rule, any break above resistance is a buy signal. In this case, 11.56, 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 NMZ slightly near 11.56, target 11.13, Stop Loss @ 11.59. Details
The technical summary data is suggesting a short of NMZ if it tests 11.56 with a downside target of 11.13. We should have a stop loss in place at 11.59 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, 11.56, 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 Nuveen Municipal High Income Opportunity Fund $0.01 Par Value Per Share (NMZ) available here: NMZ.
NMZ Ratings for December 16:
| Term → | Near |
Mid |
Long |
|---|
| Rating |
Weak |
Neutral |
Strong |
| P1 |
0 |
0 |
11.13 |
| P2 |
11.36 |
11.36 |
11.49 |
| P3 |
0 |
11.56 |
11.84 |
AI Generated Signals for NMZ
Blue = Current Price
Red= Resistance
Green = Support
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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 Nuveen Municipal High Income Opportunity Fund $0.01 Par Value Per Share (NYSE: NMZ) report below can help you, but we have more details too. The trading plans for NMZ, 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.
Fundamental Charts for NMZ:
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