How we can use the (ONEO) price action to our advantage

June 28, 2024, 1:28 AM ET, BY Joseph H. – Contributor | Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer-term trading plans for ONEO

• Buy ONEO just above 107.84, target 112.78, stop loss at 107.53. details

The technical summary data tells us to buy ONEO at 107.84 with an upside target of 112.78. This data also tells us to set a stop loss at 107.53 to protect ourselves from excessive losses in case the stock starts moving against the trade. 107.84 is the first support level below 110.076 and according to the rule, any test of support is a buy signal. In this case, the support at 107.84 would be tested, so a buy signal would be present.

• Short ONEO just below 112.78, target 107.84, stop loss at 113.11 details

The technical summary data suggests a short of ONEO as it approaches 112.78, with a downside target of 107.84. However, we should place a stop loss at 113.11. 112.78 is the first resistance level above 110.076, and any test of resistance is usually a short signal. In this case, a short signal would be present if the 112.78 resistance is tested.

Swing trading plans for ONEO

• Buy ONEO just above 110.27, target 111.79, stop loss at 109.95. details

If 110.27 starts to rise, the technical summary data tells us to buy ONEO just above 110.27, with an upside target of 111.79. The data also tells us to set a stop loss at 109.95 in case the stock turns against the trade. 110.27 is the first resistance level above 110.076, and any break above resistance is usually a buy signal. In this case, 110.27, the initial resistance, would move up, so a buy signal would be present. Since this plan is based on a break of resistance, it is called a Long Resistance Plan.

• Short ONEO just near 110.27, target 107.84, stop loss at 110.59. details

The technical summary data suggests a short of ONEO if it tests 110.27 with a downside target of 107.84. However, we should place a stop loss at 110.59 in case the stock starts moving against the trade. Any test of resistance is basically a short signal. In this case, a short signal would be present if the resistance 110.27 is tested. Since this plan is a short plan based on a test of resistance, it is called a short resistance plan.

Day trading plans for ONEO

• Buy ONEO just above 110.27, target 110.63, stop loss at 110.01. details

If 110.27 starts to rise, the technical summary data tells us to buy ONEO just above 110.27, with an upside target of 110.63. The data also tells us to set a stop loss at 110.01 in case the stock turns against the trade. 110.27 is the first resistance level above 110.076, and any break above resistance is usually a buy signal. In this case, 110.27, the initial resistance, would move up, so a buy signal would be present. Since this plan is based on a break of resistance, it is called a Long Resistance Plan.

• Short ONEO just near 110.27, target 109.67, stop loss at 110.53. details

The technical summary data suggests a short of ONEO if it tests 110.27 with a downside target of 109.67. However, we should place a stop loss at 110.53 in case the stock starts moving against the trade. Any test of resistance is basically a short signal. In this case, a short signal would be present if the resistance 110.27 is tested. Since this plan is a short plan based on a test of resistance, it is called a short resistance plan.

Check the timestamp of this data. Updated AI-generated signals for SPDR Russell 1000 Momentum Focus ETF (ONEO) available here: ONE.

ONEO ratings for June 28:

AI-generated signals for ONEO

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Our task as #Investors is to pay attention to the #stocks we own. Part of that is looking at the #fundamentals, but half of the disclosure comes from looking at price action. The SPDR Russell 1000 Momentum Focus ETF The data table (NASDAQ:ONEO) below can help you with the price trend and we also have more details. Trading plans for ONEO are also displayed here; these plans are updated in real-time for subscribers for whom this report is static. If you want an update or report on another stock, you can get Unlimited Real-Time Reports here.