Learn to Evaluate (DFAE) using the Charts
January 07, 2024, 08:56 am ET, BY Tom S.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for DFAE
- Buy DFAE slightly over 23.16 target 23.99 stop loss @ 23.09 Details
The technical summary data tells us to buy DFAE near 23.16 with an upside target of 23.99. This data also tells us to set a stop loss @ 23.09 to protect against excessive loss in case the stock begins to move against the trade. 23.16 is the first level of support below 23.71 , and by rule, any test of support is a buy signal. In this case, support 23.16 is being tested, a buy signal would exist.
- Short DFAE slightly under 23.99, target 23.16, stop loss @ 24.06 Details
The technical summary data is suggesting a short of DFAE as it gets near 23.99 with a downside target of 23.16. We should have a stop loss in place at 24.06though. 23.99 is the first level of resistance above 23.71, and by rule, any test of resistance is a short signal. In this case, if resistance 23.99 is being tested, a short signal would exist.
Swing Trading Plans for DFAE
- Buy DFAE slightly over 24.11, target n/a, Stop Loss @ 24.04 Details
If 24.11 begins to break higher, the technical summary data tells us to buy DFAE just slightly over 24.11, with an upside target of n/a. The data also tells us to set a stop loss @ 24.04 in case the stock turns against the trade. 24.11 is the first level of resistance above 23.71, and by rule, any break above resistance is a buy signal. In this case, 24.11, 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 DFAE slightly near 24.11, target 23.69, Stop Loss @ 24.18. Details
The technical summary data is suggesting a short of DFAE if it tests 24.11 with a downside target of 23.69. We should have a stop loss in place at 24.18 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, 24.11, 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 DFAE
- Buy DFAE slightly over 24.11, target n/a, Stop Loss @ 24.05 Details
If 24.11 begins to break higher, the technical summary data tells us to buy DFAE just slightly over 24.11, with an upside target of n/a. The data also tells us to set a stop loss @ 24.05 in case the stock turns against the trade. 24.11 is the first level of resistance above 23.71, and by rule, any break above resistance is a buy signal. In this case, 24.11, 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 DFAE slightly near 24.11, target 23.7, Stop Loss @ 24.17. Details
The technical summary data is suggesting a short of DFAE if it tests 24.11 with a downside target of 23.7. We should have a stop loss in place at 24.17 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, 24.11, 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 Dimensional Emerging Core Equity Market Etf (DFAE) available here: DFAE.
DFAE Ratings for January 07:
Term → | Near |
Mid |
Long |
Rating |
Weak |
Neutral |
Neutral |
P1 |
0 |
0 |
22.29 |
P2 |
23.49 |
23.69 |
23.16 |
P3 |
23.7 |
24.11 |
23.99 |
AI Generated Signals for DFAE
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 Dimensional Emerging Core Equity Market Etf (NASDAQ: DFAE) report below can help you understand how to do this. The trading plans for DFAE, 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 DFAE: