How we use the price action (EQBK) to our advantage

July 1, 2024, 6:30 a.m. ET, BY Billy Contributor | Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer-term trading plans for EQBK

• Buy EQBK just above 32.13, target 35.22, stop loss at 32.04. details

The technical summary data tells us to buy EQBK at 32.13 with an upside target of 35.22. This data also tells us to set a stop loss at 32.04 to protect ourselves from excessive losses in case the stock starts moving against the trade. 32.13 is the first support level below 35.2 and according to the rule, any test of support is a buy signal. In this case, the support at 32.13 would be tested, so a buy signal would be present.

• Short EQBK just below 35.22, target 32.13, stop loss at 35.32 details

The technical summary data suggests a short of EQBK as it approaches 35.22, with a downside target of 32.13. However, we should place a stop loss at 35.32. 35.22 is the first resistance level above 35.2, and any test of resistance is usually a short signal. In this case, a short signal would be present if the 35.22 resistance is tested.

Swing Trading Plans for EQBK

• Buy EQBK just above 35.22, target 38.37, stop loss at 35.12 details

If 35.22 starts to rise, the technical summary data tells us to buy EQBK just above 35.22, with an upside target of 38.37. The data also tells us to set a stop loss at 35.12 in case the stock turns against the trade. 35.22 is the first resistance level above 35.2, and any break above resistance is usually a buy signal. In this case, 35.22, the initial resistance, would rise to the upside, 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 EQBK just near 35.22, target 34.44, stop loss at 35.32. details

The technical summary data suggests a short of EQBK if it tests 35.22 with a downside target of 34.44. However, we should place a stop loss at 35.32 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 35.22 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 EQBK

• Buy EQBK just above 35.22, target 38.37, stop loss at 35.14. details

If 35.22 starts to rise, the technical summary data tells us to buy EQBK just above 35.22, with an upside target of 38.37. The data also tells us to set a stop loss at 35.14 in case the stock turns against the trade. 35.22 is the first resistance level above 35.2, and any break above resistance is usually a buy signal. In this case, 35.22, the initial resistance, would rise to the upside, 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 EQBK close to 35.22, target 34.6, stop loss at 35.3. details

The technical summary data suggests a short of EQBK if it tests 35.22 with a downside target of 34.6. However, we should set a stop loss at 35.3 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 35.22 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 Equity Bancshares Inc. Class A (EQBK) available here: EQBK.

EQBK ratings for July 1st:

AI-generated signals for EQBK

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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 Equity Bancshares Inc. Class A The data table (NASDAQ:EQBK) below can help you with the price action and we also have more details. Trading plans for EQBK are also displayed here; these plans are updated in real-time for subscribers, this report is static. If you want an update or report on another stock, you can get it here: Unlimited Real-Time Reports.