When (UGL) Moves Investors should Listen
February 03, 2025, 23:42 pm ET, BY THOMAS KEE- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for UGL
- Buy UGL near 103.7 target 110.99 stop loss @ 103.4 Details
The technical summary data tells us to buy UGL near 103.7 with an upside target of 110.99. This data also tells us to set a stop loss @ 103.4 to protect against excessive loss in case the stock begins to move against the trade. 103.7 is the first level of support below 107.32 , and by rule, any test of support is a buy signal. In this case, support 103.7 is being tested, a buy signal would exist.
- Short UGL slightly under 110.99, target 103.7, stop loss @ 111.31 Details
The technical summary data is suggesting a short of UGL as it gets near 110.99 with a downside target of 103.7. We should have a stop loss in place at 111.31though. 110.99 is the first level of resistance above 107.32, and by rule, any test of resistance is a short signal. In this case, if resistance 110.99 is being tested, a short signal would exist.
Swing Trading Plans for UGL
- Buy UGL slightly over 107.72, target 110.99, Stop Loss @ 107.41 Details
If 107.72 begins to break higher, the technical summary data tells us to buy UGL just slightly over 107.72, with an upside target of 110.99. The data also tells us to set a stop loss @ 107.41 in case the stock turns against the trade. 107.72 is the first level of resistance above 107.32, and by rule, any break above resistance is a buy signal. In this case, 107.72, 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 UGL slightly near 107.72, target 104.62, Stop Loss @ 108.03. Details
The technical summary data is suggesting a short of UGL if it tests 107.72 with a downside target of 104.62. We should have a stop loss in place at 108.03 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, 107.72, 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 UGL
- Buy UGL slightly over 107.72, target 109.19, Stop Loss @ 107.47 Details
If 107.72 begins to break higher, the technical summary data tells us to buy UGL just slightly over 107.72, with an upside target of 109.19. The data also tells us to set a stop loss @ 107.47 in case the stock turns against the trade. 107.72 is the first level of resistance above 107.32, and by rule, any break above resistance is a buy signal. In this case, 107.72, 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 UGL slightly near 107.72, target 107.06, Stop Loss @ 107.97. Details
The technical summary data is suggesting a short of UGL if it tests 107.72 with a downside target of 107.06. We should have a stop loss in place at 107.97 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, 107.72, 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 Proshares Ultra Gold 2x Shares (UGL) available here: UGL.
UGL Ratings for February 03:
| Term → | Near |
Mid |
Long |
|---|
| Rating |
Strong |
Strong |
Strong |
| P1 |
0 |
0 |
96.83 |
| P2 |
107.06 |
104.62 |
103.7 |
| P3 |
109.19 |
107.72 |
110.99 |
AI Generated Signals for UGL
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 Proshares Ultra Gold 2x Shares (NYSE: UGL) report below is a real world example. Included are trading plans for UGL, 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 UGL:
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