How the (EJAN) price action is used to our Advantage
September 19, 2024, 00:24 am ET, BY Tyler- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for EJAN
- Buy EJAN near 29.75 target 30.36 stop loss @ 29.66 Details
The technical summary data tells us to buy EJAN near 29.75 with an upside target of 30.36. This data also tells us to set a stop loss @ 29.66 to protect against excessive loss in case the stock begins to move against the trade. 29.75 is the first level of support below 30.085 , and by rule, any test of support is a buy signal. In this case, support 29.75 would be being tested, so a buy signal would exist.
- Short EJAN slightly under 30.36, target 29.75, stop loss @ 30.45 Details
The technical summary data is suggesting a short of EJAN as it gets near 30.36 with a downside target of 29.75. We should have a stop loss in place at 30.45though. 30.36 is the first level of resistance above 30.085, and by rule, any test of resistance is a short signal. In this case, if resistance 30.36 is being tested, so a short signal would exist.
Swing Trading Plans for EJAN
- Buy EJAN slightly over 30.36, target 30.92, Stop Loss @ 30.27 Details
If 30.36 begins to break higher, the technical summary data tells us to buy EJAN just slightly over 30.36, with an upside target of 30.92. The data also tells us to set a stop loss @ 30.27 in case the stock turns against the trade. 30.36 is the first level of resistance above 30.085, and by rule, any break above resistance is a buy signal. In this case, 30.36, 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 EJAN slightly near 30.36, target 29.82, Stop Loss @ 30.45. Details
The technical summary data is suggesting a short of EJAN if it tests 30.36 with a downside target of 29.82. We should have a stop loss in place at 30.45 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, 30.36, 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 EJAN
- Buy EJAN slightly over 30.36, target 30.92, Stop Loss @ 30.29 Details
If 30.36 begins to break higher, the technical summary data tells us to buy EJAN just slightly over 30.36, with an upside target of 30.92. The data also tells us to set a stop loss @ 30.29 in case the stock turns against the trade. 30.36 is the first level of resistance above 30.085, and by rule, any break above resistance is a buy signal. In this case, 30.36, 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 EJAN slightly near 30.36, target 29.82, Stop Loss @ 30.43. Details
The technical summary data is suggesting a short of EJAN if it tests 30.36 with a downside target of 29.82. We should have a stop loss in place at 30.43 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, 30.36, 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 Innovator Emerging Markets Power Buffer Etf January (EJAN) available here: EJAN.
EJAN Ratings for September 19:
| Term → | Near |
Mid |
Long |
|---|
| Rating |
Strong |
Neutral |
Neutral |
| P1 |
0 |
0 |
29.75 |
| P2 |
30.31 |
29.82 |
30.36 |
| P3 |
0 |
30.27 |
30.92 |
AI Generated Signals for EJAN
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 Innovator Emerging Markets Power Buffer Etf January (NASDAQ: EJAN) data table below can help you with price action, and we have more details too. Trading plans for EJAN 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 EJAN:
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