How To Trade (FANG)

Longer Term Trading Plans for FANG

• Buy FANG near 144.78 target 158.62 stop loss @ 144.36 Details

The technical summary data tells us to buy FANG near 144.78 with an upside target of 158.62. This data also tells us to set a stop loss @ 144.36 to protect against excessive loss in case the stock begins to move against the trade. 144.78 is the first level of support below 157.15 , and by rule, any test of support is a buy signal. In this case, support 144.78 would be being tested, so a buy signal would exist.

• Short FANG slightly under 158.62, target 144.78, stop loss @ 159.08 Details

The technical summary data is suggesting a short of FANG as it gets near 158.62 with a downside target of 144.78. We should have a stop loss in place at 159.08though. 158.62 is the first level of resistance above 157.15, and by rule, any test of resistance is a short signal. In this case, if resistance 158.62 is being tested, so a short signal would exist.

Swing Trading Plans for FANG

• Buy FANG slightly over 157.97, target 158.62, Stop Loss @ 157.51 Details

If 157.97 begins to break higher, the technical summary data tells us to buy FANG just slightly over 157.97, with an upside target of 158.62. The data also tells us to set a stop loss @ 157.51 in case the stock turns against the trade. 157.97 is the first level of resistance above 157.15, and by rule, any break above resistance is a buy signal. In this case, 157.97, 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 FANG slightly near 157.97, target 151.8, Stop Loss @ 158.43. Details

The technical summary data is suggesting a short of FANG if it tests 157.97 with a downside target of 151.8. We should have a stop loss in place at 158.43 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, 157.97, 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 FANG

• Buy FANG slightly over 157.67, target 157.97, Stop Loss @ 157.3 Details

If 157.67 begins to break higher, the technical summary data tells us to buy FANG just slightly over 157.67, with an upside target of 157.97. The data also tells us to set a stop loss @ 157.3 in case the stock turns against the trade. 157.67 is the first level of resistance above 157.15, and by rule, any break above resistance is a buy signal. In this case, 157.67, 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 FANG slightly near 157.67, target 151.8, Stop Loss @ 158.04. Details

The technical summary data is suggesting a short of FANG if it tests 157.67 with a downside target of 151.8. We should have a stop loss in place at 158.04 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, 157.67, 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 Diamondback Energy Inc. (FANG) available here: FANG.

FANG Ratings for March 20:

Term →	Near	Mid	Long
Rating	Strong	Neutral	Weak
P1	0	0	144.78
P2	157.67	151.8	158.62
P3	160.59	157.97	171.78

AI Generated Signals for FANG

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