Trading (NEA) With Integrated Risk Controls

October 23, 2024, 10:20 am ET, BY Allen K.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for NEA

• Buy NEA near 11.42 target 11.73 stop loss @ 11.39 Details

The technical summary data tells us to buy NEA near 11.42 with an upside target of 11.73. This data also tells us to set a stop loss @ 11.39 to protect against excessive loss in case the stock begins to move against the trade. 11.42 is the first level of support below 11.625 , and by rule, any test of support is a buy signal. In this case, support 11.42 would be being tested, so a buy signal would exist.

• Short NEA slightly under 11.73, target 11.42, stop loss @ 11.76 Details

The technical summary data is suggesting a short of NEA as it gets near 11.73 with a downside target of 11.42. We should have a stop loss in place at 11.76though. 11.73 is the first level of resistance above 11.625, and by rule, any test of resistance is a short signal. In this case, if resistance 11.73 is being tested, so a short signal would exist.

Swing Trading Plans for NEA

• Buy NEA slightly over n/a, target n/a, Stop Loss @ 0 Details

If n/a begins to break higher, the technical summary data tells us to buy NEA just slightly over n/a, with an upside target of n/a. The data also tells us to set a stop loss @ 0 in case the stock turns against the trade. n/a is the first level of resistance above 11.625, and by rule, any break above resistance is a buy signal. In this case, n/a, 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 NEA slightly near n/a, target 11.42, Stop Loss @ 0. Details

The technical summary data is suggesting a short of NEA if it tests n/a with a downside target of 11.42. We should have a stop loss in place at 0 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, n/a, 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 NEA

• Buy NEA slightly over 12.02, target n/a, Stop Loss @ 11.99 Details

If 12.02 begins to break higher, the technical summary data tells us to buy NEA just slightly over 12.02, with an upside target of n/a. The data also tells us to set a stop loss @ 11.99 in case the stock turns against the trade. 12.02 is the first level of resistance above 11.625, and by rule, any break above resistance is a buy signal. In this case, 12.02, 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 NEA slightly near 12.02, target 11.42, Stop Loss @ 12.05. Details

The technical summary data is suggesting a short of NEA if it tests 12.02 with a downside target of 11.42. We should have a stop loss in place at 12.05 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, 12.02, 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 Nuveen Amt-free Quality Municipal Income Fund Of Beneficial Interest Par Value $.01 (NEA) available here: NEA.

NEA Ratings for October 23:

Term →	Near	Mid	Long
Rating	Neutral	Neutral	Strong
P1	0	0	11.42
P2	11.79	11.87	11.73
P3	0		12.02

AI Generated Signals for NEA

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Price matters most to #makingmoney in the #stockmarket. Celebrating 20 years, Stock Traders Daily provides the tools that help you develop investment strategies, and this is a good example. When we couple this with our market based analysis, the probabilities of going with the flow increases, and that is material over time. The Nuveen Amt-free Quality Municipal Income Fund Of Beneficial Interest Par Value $.01 (NYSE: NEA) report below can help you, but we have more details too. The trading plans for NEA, and the other 1000+ stocks we follow, are updated in real time for subscribers, but this report is static. If you want an update, or a different report, please get one here Unlimited Real Time Reports.