Trading Angi Inc ANGI With Integrated Risk Controls

May 14, 2022, 11:15 am ET, BY Billy- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

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 Angi Inc (NASDAQ: ANGI) report below can help you, but we have more details too. The trading plans for ANGI, 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.

Longer Term Trading Plans for ANGI

• Buy ANGI slightly over 4.47 target 5.84 stop loss @ 4.46 Details

The technical summary data tells us to buy ANGI near 4.47 with an upside target of 5.84. This data also tells us to set a stop loss @ 4.46 to protect against excessive loss in case the stock begins to move against the trade. 4.47 is the first level of support below 5.06 , and by rule, any test of support is a buy signal. In this case, support 4.47 would be being tested, so a buy signal would exist.

• Short ANGI under 5.84, target 4.47, stop loss @ 5.86 Details

The technical summary data is suggesting a short of ANGI as it gets near 5.84 with a downside target of 4.47. We should have a stop loss in place at 5.86though. 5.84 is the first level of resistance above 5.06, and by rule, any test of resistance is a short signal. In this case, if resistance 5.84 is being tested, so a short signal would exist.

Swing Trading Plans for ANGI

• Buy ANGI slightly over 5.84, target 7.41, Stop Loss @ 5.82 Details

If 5.84 begins to break higher, the technical summary data tells us to buy ANGI just slightly over 5.84, with an upside target of 7.41. The data also tells us to set a stop loss @ 5.82 in case the stock turns against the trade. 5.84 is the first level of resistance above 5.06, and by rule, any break above resistance is a buy signal. In this case, 5.84, 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 ANGI near 5.84, target 4.57, Stop Loss @ 5.86. Details

The technical summary data is suggesting a short of ANGI if it tests 5.84 with a downside target of 4.57. We should have a stop loss in place at 5.86 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, 5.84, 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 ANGI

• Buy ANGI slightly over 5.84, target 7.41, Stop Loss @ 5.83 Details

If 5.84 begins to break higher, the technical summary data tells us to buy ANGI just slightly over 5.84, with an upside target of 7.41. The data also tells us to set a stop loss @ 5.83 in case the stock turns against the trade. 5.84 is the first level of resistance above 5.06, and by rule, any break above resistance is a buy signal. In this case, 5.84, 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 ANGI near 5.84, target 4.92, Stop Loss @ 5.85. Details

The technical summary data is suggesting a short of ANGI if it tests 5.84 with a downside target of 4.92. We should have a stop loss in place at 5.85 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, 5.84, 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.

ANGI Ratings for May 14:

Term →	Near	Mid	Long
Rating	Weak	Weak	Weak
P1	0	0	4.47
P2	4.28	3.91	5.84
P3	4.92	4.57	7.41

Support and Resistance Plot Chart for ANGI

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