(IWM) Trading Signals

Longer Term Trading Plans for IWM

• Buy IWM near 206.17 target 221.86 stop loss @ 205.57 Details

The technical summary data tells us to buy IWM near 206.17 with an upside target of 221.86. This data also tells us to set a stop loss @ 205.57 to protect against excessive loss in case the stock begins to move against the trade. 206.17 is the first level of support below 219.815 , and by rule, any test of support is a buy signal. In this case, support 206.17 is being tested, a buy signal would exist.

• Short IWM slightly under 221.86, target 206.17, stop loss @ 222.5 Details

The technical summary data is suggesting a short of IWM as it gets near 221.86 with a downside target of 206.17. We should have a stop loss in place at 222.5though. 221.86 is the first level of resistance above 219.815, and by rule, any test of resistance is a short signal. In this case, if resistance 221.86 is being tested, a short signal would exist.

Swing Trading Plans for IWM

• Buy IWM slightly over 221.86, target n/a, Stop Loss @ 221.22 Details

If 221.86 begins to break higher, the technical summary data tells us to buy IWM just slightly over 221.86, with an upside target of n/a. The data also tells us to set a stop loss @ 221.22 in case the stock turns against the trade. 221.86 is the first level of resistance above 219.815, and by rule, any break above resistance is a buy signal. In this case, 221.86, 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 IWM slightly near 221.86, target 218.86, Stop Loss @ 222.5. Details

The technical summary data is suggesting a short of IWM if it tests 221.86 with a downside target of 218.86. We should have a stop loss in place at 222.5 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, 221.86, 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 IWM

• Buy IWM slightly over 221.86, target n/a, Stop Loss @ 221.34 Details

If 221.86 begins to break higher, the technical summary data tells us to buy IWM just slightly over 221.86, with an upside target of n/a. The data also tells us to set a stop loss @ 221.34 in case the stock turns against the trade. 221.86 is the first level of resistance above 219.815, and by rule, any break above resistance is a buy signal. In this case, 221.86, 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 IWM slightly near 221.86, target 219.47, Stop Loss @ 222.38. Details

The technical summary data is suggesting a short of IWM if it tests 221.86 with a downside target of 219.47. We should have a stop loss in place at 222.38 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, 221.86, 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 Ishares Russell 2000 Etf (IWM) available here: IWM.

IWM Ratings for July 02:

Term →	Near	Mid	Long
Rating	Strong	Neutral	Neutral
P1	0	0	188.87
P2	217.18	215.09	206.17
P3	219.47	218.86	221.86

AI Generated Signals for IWM

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