Learn to Evaluate (DIM) using the Charts
October 31, 2024, 22:20 pm ET, BY Tyler- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for DIM
- Buy DIM near 62.94 target 64.93 stop loss @ 62.76 Details
The technical summary data tells us to buy DIM near 62.94 with an upside target of 64.93. This data also tells us to set a stop loss @ 62.76 to protect against excessive loss in case the stock begins to move against the trade. 62.94 is the first level of support below 63.0873 , and by rule, any test of support is a buy signal. In this case, support 62.94 would be being tested, so a buy signal would exist.
- Short DIM slightly under 64.93, target 62.94, stop loss @ 65.12 Details
The technical summary data is suggesting a short of DIM as it gets near 64.93 with a downside target of 62.94. We should have a stop loss in place at 65.12though. 64.93 is the first level of resistance above 63.0873, and by rule, any test of resistance is a short signal. In this case, if resistance 64.93 is being tested, so a short signal would exist.
Swing Trading Plans for DIM
- Buy DIM slightly over 63.35, target 64.93, Stop Loss @ 63.17 Details
If 63.35 begins to break higher, the technical summary data tells us to buy DIM just slightly over 63.35, with an upside target of 64.93. The data also tells us to set a stop loss @ 63.17 in case the stock turns against the trade. 63.35 is the first level of resistance above 63.0873, and by rule, any break above resistance is a buy signal. In this case, 63.35, 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 DIM slightly near 63.35, target 62.94, Stop Loss @ 63.53. Details
The technical summary data is suggesting a short of DIM if it tests 63.35 with a downside target of 62.94. We should have a stop loss in place at 63.53 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, 63.35, 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 DIM
- Buy DIM slightly over 63.38, target 64.93, Stop Loss @ 63.23 Details
If 63.38 begins to break higher, the technical summary data tells us to buy DIM just slightly over 63.38, with an upside target of 64.93. The data also tells us to set a stop loss @ 63.23 in case the stock turns against the trade. 63.38 is the first level of resistance above 63.0873, and by rule, any break above resistance is a buy signal. In this case, 63.38, 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 DIM slightly near 63.38, target 62.94, Stop Loss @ 63.53. Details
The technical summary data is suggesting a short of DIM if it tests 63.38 with a downside target of 62.94. We should have a stop loss in place at 63.53 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, 63.38, 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 Wisdomtree International Midcap Dividend Fund (DIM) available here: DIM.
DIM Ratings for October 31:
| Term → | Near |
Mid |
Long |
|---|
| Rating |
Neutral |
Neutral |
Strong |
| P1 |
0 |
0 |
62.94 |
| P2 |
62.85 |
62.55 |
64.93 |
| P3 |
63.38 |
63.35 |
66.75 |
AI Generated Signals for DIM
Blue = Current Price
Red= Resistance
Green = Support
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When #institutionalinvestors make decisions to buy and sell #stocks they normally want to keep it quiet. However, if we pay close attention we can see what is going on, and make good decisions.. The Wisdomtree International Midcap Dividend Fund (NYSE: DIM) report below can help you understand how to do this. The trading plans for DIM, are updated in real time for subscribers, but this report is static. If you want an update, or a different report on a different stock, please get one here Unlimited Real Time Reports.
Fundamental Charts for DIM:
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