When (VGT) Moves Investors should Listen

March 20, 2024, 08:26 am ET, BY Tom S.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for VGT

• Buy VGT slightly over 506.43 target 533.71 stop loss @ 504.97 Details

The technical summary data tells us to buy VGT near 506.43 with an upside target of 533.71. This data also tells us to set a stop loss @ 504.97 to protect against excessive loss in case the stock begins to move against the trade. 506.43 is the first level of support below 520.17 , and by rule, any test of support is a buy signal. In this case, support 506.43 is being tested, a buy signal would exist.

• Short VGT slightly under 533.71, target 506.43, stop loss @ 535.25 Details

The technical summary data is suggesting a short of VGT as it gets near 533.71 with a downside target of 506.43. We should have a stop loss in place at 535.25though. 533.71 is the first level of resistance above 520.17, and by rule, any test of resistance is a short signal. In this case, if resistance 533.71 is being tested, a short signal would exist.

Swing Trading Plans for VGT

• Buy VGT slightly over 524.83, target 533.71, Stop Loss @ 523.31 Details

If 524.83 begins to break higher, the technical summary data tells us to buy VGT just slightly over 524.83, with an upside target of 533.71. The data also tells us to set a stop loss @ 523.31 in case the stock turns against the trade. 524.83 is the first level of resistance above 520.17, and by rule, any break above resistance is a buy signal. In this case, 524.83, 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 VGT slightly near 524.83, target 513.26, Stop Loss @ 526.35. Details

The technical summary data is suggesting a short of VGT if it tests 524.83 with a downside target of 513.26. We should have a stop loss in place at 526.35 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, 524.83, 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 VGT

• Buy VGT slightly over 524.83, target 533.71, Stop Loss @ 523.61 Details

If 524.83 begins to break higher, the technical summary data tells us to buy VGT just slightly over 524.83, with an upside target of 533.71. The data also tells us to set a stop loss @ 523.61 in case the stock turns against the trade. 524.83 is the first level of resistance above 520.17, and by rule, any break above resistance is a buy signal. In this case, 524.83, 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 VGT slightly near 524.83, target 519.14, Stop Loss @ 526.05. Details

The technical summary data is suggesting a short of VGT if it tests 524.83 with a downside target of 519.14. We should have a stop loss in place at 526.05 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, 524.83, 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  Vanguard Information Technology Etf (VGT) available here: VGT.

VGT Ratings for March 20:

Term →	Near	Mid	Long
Rating	Weak	Neutral	Strong
P1	0	0	478.9
P2	512.81	513.26	506.43
P3	519.14	524.83	533.71

AI Generated Signals for VGT

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How do we know what is going on #behindthescenes of a company?  According to Stock Traders Daily, a 20-year #financialindustry innovator, the best way to do this to to watch the price action in the stock. The  Vanguard Information Technology Etf (NYSE: VGT) report below is a real world example. Included are trading plans for VGT, but this report is static. If you want an update, or a different stock, please get one here Unlimited Real Time Reports.