How the (REGL) price action is used to our Advantage
February 04, 2024, 01:12 am ET, BY Rolland S.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for REGL
- Buy REGL slightly over 69.81 target 73.04 stop loss @ 69.61 Details
The technical summary data tells us to buy REGL near 69.81 with an upside target of 73.04. This data also tells us to set a stop loss @ 69.61 to protect against excessive loss in case the stock begins to move against the trade. 69.81 is the first level of support below 72.56 , and by rule, any test of support is a buy signal. In this case, support 69.81 is being tested, a buy signal would exist.
- Short REGL slightly under 73.04, target 69.81, stop loss @ 73.25 Details
The technical summary data is suggesting a short of REGL as it gets near 73.04 with a downside target of 69.81. We should have a stop loss in place at 73.25though. 73.04 is the first level of resistance above 72.56, and by rule, any test of resistance is a short signal. In this case, if resistance 73.04 is being tested, a short signal would exist.
Swing Trading Plans for REGL
- Buy REGL slightly over 73.04, target 73.57, Stop Loss @ 72.83 Details
If 73.04 begins to break higher, the technical summary data tells us to buy REGL just slightly over 73.04, with an upside target of 73.57. The data also tells us to set a stop loss @ 72.83 in case the stock turns against the trade. 73.04 is the first level of resistance above 72.56, and by rule, any break above resistance is a buy signal. In this case, 73.04, 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 REGL slightly near 73.04, target 72.31, Stop Loss @ 73.25. Details
The technical summary data is suggesting a short of REGL if it tests 73.04 with a downside target of 72.31. We should have a stop loss in place at 73.25 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, 73.04, 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 REGL
- Buy REGL slightly over 72.83, target 73.04, Stop Loss @ 72.66 Details
If 72.83 begins to break higher, the technical summary data tells us to buy REGL just slightly over 72.83, with an upside target of 73.04. The data also tells us to set a stop loss @ 72.66 in case the stock turns against the trade. 72.83 is the first level of resistance above 72.56, and by rule, any break above resistance is a buy signal. In this case, 72.83, 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 REGL slightly near 72.83, target 72.31, Stop Loss @ 73. Details
The technical summary data is suggesting a short of REGL if it tests 72.83 with a downside target of 72.31. We should have a stop loss in place at 73 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, 72.83, 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 Proshares S&p Midcap 400 Div Aristocrats Etf (REGL) available here: REGL.
REGL Ratings for February 04:
| Term → | Near |
Mid |
Long |
|---|
| Rating |
Neutral |
Neutral |
Neutral |
| P1 |
0 |
0 |
66.33 |
| P2 |
72.11 |
72.31 |
69.81 |
| P3 |
72.83 |
73.57 |
73.04 |
AI Generated Signals for REGL
Blue = Current Price
Red= Resistance
Green = Support
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Our job as #investors is to pay attention to the #stocks we own. Part of that involves looking at the #fundamentals, but half of the disclosure comes from looking at price action. The Proshares S&p Midcap 400 Div Aristocrats Etf (NASDAQ: REGL) data table below can help you with price action, and we have more details too. Trading plans for REGL are shown here too; these plans are updated in real time for subscribers, where this report is static. If you want an update, or a report on a different stock, please get one here Unlimited Real Time Reports.
Fundamental Charts for REGL:
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