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

July 16, 2024, 12:46 AM ET, BY Rick W. – Contributor | Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer-term trading plans for HYBL

• Buy HYBL just above 28.28 Target 28.57 Stop Loss @ 28.2 details

The technical summary data tells us to buy HYBL at 28.28 with an upside target of 28.57. This data also tells us to set a stop loss at 28.2 to protect ourselves from excessive losses in case the stock starts moving against the trade. 28.28 is the first support level below 28.3 and according to the rule, any test of support is a buy signal. In this case, the support is tested at 28.28, a buy signal would be present.

• Short HYBL just below 28.57, target 28.28, stop loss at 28.65 details

The technical summary data suggests a short of HYBL as it approaches 28.57, with a downside target of 28.28. However, we should place a stop loss at 28.65. 28.57 is the first resistance level above 28.3, and any test of resistance is usually a short signal. In this case, a short signal would be present if the 28.57 resistance is tested.

Swing Trading Plans for HYBL

• Buy HYBL just above 28.32, target nz, stop loss at 28.24. details

If 28.32 starts to rise, the technical summary data tells us to buy HYBL just above 28.32, with an upside target of n/a. The data also tells us to set a stop loss at 28.24 in case the stock turns against the trade. 28.32 is the first resistance level above 28.3, and any break above resistance is usually a buy signal. In this case, 28.32, 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 HYBL just near 28.32, target 27.95, stop loss at 28.4. details

The technical summary data suggests a short of HYBL if it tests 28.32 with a downside target of 27.95. However, we should place a stop loss at 28.4 in case the stock starts moving against the trade. Any test of resistance is usually a short signal. In this case, a short signal would be present if the resistance 28.32 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 HYBL

• Buy HYBL just above 28.33, target 28.57, stop loss at 28.26. details

If 28.33 starts to rise, the technical summary data tells us to buy HYBL just above 28.33, with an upside target of 28.57. The data also tells us to set a stop loss at 28.26 in case the stock turns against the trade. 28.33 is the first resistance level above 28.3, and any break above resistance is usually a buy signal. In this case, 28.33, 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 HYBL just near 28.33, target 27.95, stop loss at 28.4. details

The technical summary data suggests a short of HYBL if it tests 28.33 with a downside target of 27.95. However, we should place a stop loss at 28.4 in case the stock starts moving against the trade. Any test of a resistance is basically a short signal. In this case, a short signal would be present if the resistance 28.33 is tested. Since this plan is a short plan based on a test of a resistance, it is called a short resistance plan.

Check the timestamp of this data. Updated AI-generated signals for SPDR Blackstone High Income ETF (HYBL) available here: HYBL.

HYBL Ratings for July 16:

AI-generated signals for HYBL

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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 Blackstone High Income ETF The data table (NASDAQ:HYBL) below can help you with the price action and we also have more details. Trading plans for HYBL 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.