When the Price of John Wiley & Sons JW.A Talks, People Listen

March 20, 2022, 15:00 pm ET, BY David D.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

This is not EF Hutton, but it could be more #powerful.  A picture speaks a thousand words, they say, and the #priceaction of John Wiley & Sons (NASDAQ: JW.A) tells an important story.  The movement tells us where investors perceive value, or the lack of it, and if we pay attention we can capture opportunity.  The data below for JW.A can be used as an example, and demonstrate how to do this for other stocks too.  This data was current at the time of publication, but it is not updated in real time here. If you want real time updates, or data on a different stock, please get one here Unlimited Real Time Reports. 

Longer Term Trading Plans for JW.A

• Buy JW.A slightly over 52.72 target 56.95 stop loss @ 52.57 Details

The technical summary data tells us to buy JW.A near 52.72 with an upside target of 56.95. This data also tells us to set a stop loss @ 52.57 to protect against excessive loss in case the stock begins to move against the trade. 52.72 is the first level of support below 55.24 , and by rule, any test of support is a buy signal. In this case, support 52.72 is being tested, a buy signal would exist.

• Short JW.A under 56.95, target 52.72, stop loss @ 57.11 Details

The technical summary data is suggesting a short of JW.A as it gets near 56.95 with a downside target of 52.72. We should have a stop loss in place at 57.11though. 56.95 is the first level of resistance above 55.24, and by rule, any test of resistance is a short signal. In this case, if resistance 56.95 is being tested, a short signal would exist.

Swing Trading Plans for JW.A

• Buy JW.A slightly over 56.95, target n/a, Stop Loss @ 56.79 Details

If 56.95 begins to break higher, the technical summary data tells us to buy JW.A just slightly over 56.95, with an upside target of n/a. The data also tells us to set a stop loss @ 56.79 in case the stock turns against the trade. 56.95 is the first level of resistance above 55.24, and by rule, any break above resistance is a buy signal. In this case, 56.95, 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 JW.A near 56.95, target 53.85, Stop Loss @ 57.11. Details

The technical summary data is suggesting a short of JW.A if it tests 56.95 with a downside target of 53.85. We should have a stop loss in place at 57.11 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, 56.95, 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 JW.A

• Buy JW.A slightly over 56.95, target n/a, Stop Loss @ 56.82 Details

If 56.95 begins to break higher, the technical summary data tells us to buy JW.A just slightly over 56.95, with an upside target of n/a. The data also tells us to set a stop loss @ 56.82 in case the stock turns against the trade. 56.95 is the first level of resistance above 55.24, and by rule, any break above resistance is a buy signal. In this case, 56.95, 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 JW.A near 56.95, target 54.42, Stop Loss @ 57.08. Details

The technical summary data is suggesting a short of JW.A if it tests 56.95 with a downside target of 54.42. We should have a stop loss in place at 57.08 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, 56.95, 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.

JW.A Ratings for March 20:

Term →	Near	Mid	Long
Rating	Strong	Neutral	Weak
P1	0	0	48.53
P2	53.54	51.99	52.72
P3	54.42	53.85	56.95

Support and Resistance Plot Chart for JW.A

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