Learn to Evaluate (ZALT) using the Charts
November 18, 2024, 13:20 pm ET, BY Tom S.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for ZALT
- Buy ZALT near 29.41 target 29.82 stop loss @ 29.33 Details
The technical summary data tells us to buy ZALT near 29.41 with an upside target of 29.82. This data also tells us to set a stop loss @ 29.33 to protect against excessive loss in case the stock begins to move against the trade. 29.41 is the first level of support below 29.73 , and by rule, any test of support is a buy signal. In this case, support 29.41 is being tested, a buy signal would exist.
- Short ZALT slightly under 29.82, target 29.41, stop loss @ 29.91 Details
The technical summary data is suggesting a short of ZALT as it gets near 29.82 with a downside target of 29.41. We should have a stop loss in place at 29.91though. 29.82 is the first level of resistance above 29.73, and by rule, any test of resistance is a short signal. In this case, if resistance 29.82 is being tested, a short signal would exist.
Swing Trading Plans for ZALT
- Buy ZALT slightly over 29.82, target 30.04, Stop Loss @ 29.73 Details
If 29.82 begins to break higher, the technical summary data tells us to buy ZALT just slightly over 29.82, with an upside target of 30.04. The data also tells us to set a stop loss @ 29.73 in case the stock turns against the trade. 29.82 is the first level of resistance above 29.73, and by rule, any break above resistance is a buy signal. In this case, 29.82, 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 ZALT slightly near 29.82, target 29.41, Stop Loss @ 29.91. Details
The technical summary data is suggesting a short of ZALT if it tests 29.82 with a downside target of 29.41. We should have a stop loss in place at 29.91 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, 29.82, 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 ZALT
- Buy ZALT slightly over 29.82, target 30.04, Stop Loss @ 29.75 Details
If 29.82 begins to break higher, the technical summary data tells us to buy ZALT just slightly over 29.82, with an upside target of 30.04. The data also tells us to set a stop loss @ 29.75 in case the stock turns against the trade. 29.82 is the first level of resistance above 29.73, and by rule, any break above resistance is a buy signal. In this case, 29.82, 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 ZALT slightly near 29.82, target 29.41, Stop Loss @ 29.89. Details
The technical summary data is suggesting a short of ZALT if it tests 29.82 with a downside target of 29.41. We should have a stop loss in place at 29.89 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, 29.82, 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 Innovator U.s. Equity 10 Buffer Etf - Quarterly (ZALT) available here: ZALT.
ZALT Ratings for November 18:
| Term → | Near |
Mid |
Long |
|---|
| Rating |
Neutral |
Neutral |
Neutral |
| P1 |
0 |
0 |
28.98 |
| P2 |
29.76 |
29.77 |
29.41 |
| P3 |
0 |
30.04 |
29.82 |
AI Generated Signals for ZALT
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 Innovator U.s. Equity 10 Buffer Etf - Quarterly (NASDAQ: ZALT) report below can help you understand how to do this. The trading plans for ZALT, 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 ZALT:
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