(IWO) Trading Advice

Longer Term Trading Plans for IWO

• NONE. Details

There is no current Support Plan to trigger a buy of this stock at this time. This usually means that there are no clear support levels at this time, so buying the stock as it falls could be considered catching a falling knife. Buy signals only exist if resistance breaks higher.
This often is a signal that the stock you are watching is weak. Waiting for a turn higher may be more intelligent than trying to catch a falling knife. In any case, new support levels are usually revised to the database at the beginning of the next trading session.

• Short IWO slightly under 284.76, target n/a, stop loss @ 285.58 Details

The technical summary data is suggesting a short of IWO as it gets near 284.76, but the downside target is not available from the current data. This tells us to hold that position if it is triggered until a new downside target has been established (updates occur at the beginning of every trading session) or until the position has been stopped. The summary data tells us to have a stop loss in place at 285.58. 284.76 is the first level of resistance above 273.56, and by rule, any test of resistance is a short signal. In this case, if resistance 284.76 is being tested, so a short signal would exist.

Swing Trading Plans for IWO

• Buy IWO slightly over 283.54, target 284.76, Stop Loss @ 282.72 Details

If 283.54 begins to break higher, the technical summary data tells us to buy IWO just slightly over 283.54, with an upside target of 284.76. The data also tells us to set a stop loss @ 282.72 in case the stock turns against the trade. 283.54 is the first level of resistance above 273.56, and by rule, any break above resistance is a buy signal. In this case, 283.54, 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 IWO slightly near 283.54, target 273.48, Stop Loss @ 284.36. Details

The technical summary data is suggesting a short of IWO if it tests 283.54 with a downside target of 273.48. We should have a stop loss in place at 284.36 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, 283.54, 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 IWO

• Buy IWO slightly over 278.88, target 283.54, Stop Loss @ 278.23 Details

If 278.88 begins to break higher, the technical summary data tells us to buy IWO just slightly over 278.88, with an upside target of 283.54. The data also tells us to set a stop loss @ 278.23 in case the stock turns against the trade. 278.88 is the first level of resistance above 273.56, and by rule, any break above resistance is a buy signal. In this case, 278.88, 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 IWO slightly near 278.88, target 273.48, Stop Loss @ 279.53. Details

The technical summary data is suggesting a short of IWO if it tests 278.88 with a downside target of 273.48. We should have a stop loss in place at 279.53 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, 278.88, 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 Growth Etf (IWO) available here: IWO.

IWO Ratings for February 28:

Term →	Near	Mid	Long
Rating	Weak	Weak	Strong
P1	0	0	284.76
P2	273.23	273.48	300.55
P3	278.88	283.54	316.62

AI Generated Signals for IWO

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