![]() ![]() In this case, if resistance, 353.12, is being tested a short signal would exist. By rule, any test of resistance is a short signal. We should have a stop loss in place at 353.94 though in case the stock begins to move against the trade. The technical summary data is suggesting a short of DIA if it tests 353.12 with a downside target of 340.70. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan. In this case, 353.12, initial resistance, would be breaking higher, so a buy signal would exist. 353.12 is the first level of resistance above 341.16, and by rule, any break above resistance is a buy signal. The data also tells us to set a stop loss 352.3 in case the stock turns against the trade. If 353.12 begins to break higher, the technical summary data tells us to buy DIA just slightly over 353.12, with an upside target of n/a. Buy DIA slightly over 353.12, target n/a, Stop Loss 352.3 Details.Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan. We should have a stop loss in place at 354.14 though in case the stock begins to move against the trade. The technical summary data is suggesting a short of DIA if it tests 353.12 with a downside target of 339.67. The data also tells us to set a stop loss 352.1 in case the stock turns against the trade. Buy DIA slightly over 353.12, target n/a, Stop Loss 352.1 Details.In this case, if resistance 353.12 is being tested, a short signal would exist. 353.12 is the first level of resistance above 341.16, and by rule, any test of resistance is a short signal. We should have a stop loss in place at 354.14though. The technical summary data is suggesting a short of DIA as it gets near 353.12 with a downside target of 339.47. Short DIA slightly under 353.12, target 339.47, stop loss 354.14 Details.In this case, support 339.47 is being tested, a buy signal would exist. 339.47 is the first level of support below 341.16, and by rule, any test of support is a buy signal. This data also tells us to set a stop loss 338.49 to protect against excessive loss in case the stock begins to move against the trade. The technical summary data tells us to buy DIA near 339.47 with an upside target of 353.12. Buy DIA slightly over 339.47 target 353.12 stop loss 338.49 Details. ![]()
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