(FNGG) Investment Analysis and Advice

Longer Term Trading Plans for FNGG

• Buy FNGG near 186.41 target 216.41 stop loss @ 185.87 Details

The technical summary data tells us to buy FNGG near 186.41 with an upside target of 216.41. This data also tells us to set a stop loss @ 185.87 to protect against excessive loss in case the stock begins to move against the trade. 186.41 is the first level of support below 211.14 , and by rule, any test of support is a buy signal. In this case, support 186.41 is being tested, a buy signal would exist.

• Short FNGG slightly under 216.41, target 186.41, stop loss @ 217.03 Details

The technical summary data is suggesting a short of FNGG as it gets near 216.41 with a downside target of 186.41. We should have a stop loss in place at 217.03though. 216.41 is the first level of resistance above 211.14, and by rule, any test of resistance is a short signal. In this case, if resistance 216.41 is being tested, a short signal would exist.

Swing Trading Plans for FNGG

• Buy FNGG slightly over 214.04, target 216.41, Stop Loss @ 213.42 Details

If 214.04 begins to break higher, the technical summary data tells us to buy FNGG just slightly over 214.04, with an upside target of 216.41. The data also tells us to set a stop loss @ 213.42 in case the stock turns against the trade. 214.04 is the first level of resistance above 211.14, and by rule, any break above resistance is a buy signal. In this case, 214.04, 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 FNGG slightly near 214.04, target 208.36, Stop Loss @ 214.66. Details

The technical summary data is suggesting a short of FNGG if it tests 214.04 with a downside target of 208.36. We should have a stop loss in place at 214.66 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, 214.04, 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 FNGG

• Buy FNGG slightly over 212.17, target 214.04, Stop Loss @ 211.68 Details

If 212.17 begins to break higher, the technical summary data tells us to buy FNGG just slightly over 212.17, with an upside target of 214.04. The data also tells us to set a stop loss @ 211.68 in case the stock turns against the trade. 212.17 is the first level of resistance above 211.14, and by rule, any break above resistance is a buy signal. In this case, 212.17, 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 FNGG slightly near 212.17, target 208.36, Stop Loss @ 212.66. Details

The technical summary data is suggesting a short of FNGG if it tests 212.17 with a downside target of 208.36. We should have a stop loss in place at 212.66 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, 212.17, 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 Direxion Daily Nyse Fang+ Bull 2x Shares (FNGG) available here: FNGG.

FNGG Ratings for July 15:

Term →	Near	Mid	Long
Rating	Neutral	Strong	Strong
P1	0	0	153.54
P2	207.99	208.36	186.41
P3	212.17	214.04	216.41

AI Generated Signals for FNGG

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