When (WOOD) Moves Investors should Listen
April 15, 2024, 18:44 pm ET, BY Tyler- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for WOOD
- Buy WOOD slightly over 77.77 target 81 stop loss @ 77.55 Details
The technical summary data tells us to buy WOOD near 77.77 with an upside target of 81. This data also tells us to set a stop loss @ 77.55 to protect against excessive loss in case the stock begins to move against the trade. 77.77 is the first level of support below 80.55 , and by rule, any test of support is a buy signal. In this case, support 77.77 would be being tested, so a buy signal would exist.
- Short WOOD slightly under 81, target 77.77, stop loss @ 81.23 Details
The technical summary data is suggesting a short of WOOD as it gets near 81 with a downside target of 77.77. We should have a stop loss in place at 81.23though. 81 is the first level of resistance above 80.55, and by rule, any test of resistance is a short signal. In this case, if resistance 81 is being tested, so a short signal would exist.
Swing Trading Plans for WOOD
- Buy WOOD slightly over 81.18, target 83, Stop Loss @ 80.95 Details
If 81.18 begins to break higher, the technical summary data tells us to buy WOOD just slightly over 81.18, with an upside target of 83. The data also tells us to set a stop loss @ 80.95 in case the stock turns against the trade. 81.18 is the first level of resistance above 80.55, and by rule, any break above resistance is a buy signal. In this case, 81.18, 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 WOOD slightly near 81.18, target 77.77, Stop Loss @ 81.41. Details
The technical summary data is suggesting a short of WOOD if it tests 81.18 with a downside target of 77.77. We should have a stop loss in place at 81.41 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, 81.18, 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 WOOD
- Buy WOOD slightly over 81.18, target 83, Stop Loss @ 80.99 Details
If 81.18 begins to break higher, the technical summary data tells us to buy WOOD just slightly over 81.18, with an upside target of 83. The data also tells us to set a stop loss @ 80.99 in case the stock turns against the trade. 81.18 is the first level of resistance above 80.55, and by rule, any break above resistance is a buy signal. In this case, 81.18, 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 WOOD slightly near 81.18, target 80.23, Stop Loss @ 81.37. Details
The technical summary data is suggesting a short of WOOD if it tests 81.18 with a downside target of 80.23. We should have a stop loss in place at 81.37 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, 81.18, 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 Ishares S&p Global Timber & Forestry Index Fund (WOOD) available here: WOOD.
WOOD Ratings for April 15:
| Term → | Near |
Mid |
Long |
|---|
| Rating |
Weak |
Neutral |
Strong |
| P1 |
0 |
0 |
77.77 |
| P2 |
80.23 |
81.18 |
81 |
| P3 |
81.17 |
83 |
84.16 |
AI Generated Signals for WOOD
Blue = Current Price
Red= Resistance
Green = Support
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How do we know what is going on #behindthescenes of a company? According to Stock Traders Daily, a 20-year #financialindustry innovator, the best way to do this to to watch the price action in the stock. The Ishares S&p Global Timber & Forestry Index Fund (NASDAQ: WOOD) report below is a real world example. Included are trading plans for WOOD, but this report is static. If you want an update, or a different stock, please get one here Unlimited Real Time Reports.
Fundamental Charts for WOOD:
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