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

June 22, 2024, 2:36 AM ET, BY Momei – Staff Writer, Stock Traders Daily | Editor: Thomas H. Kee Jr. (Follow us on LinkedIn)

Longer-term trading plans for GTR

• Buy GTR just above 23.73, target 24.36, stop loss at 23.66 details

The technical summary data tells us to buy GTR at 23.73 with an upside target of 24.36. This data also tells us to set a stop loss at 23.66 to protect ourselves from excessive losses in case the stock starts moving against the trade. 23.73 is the first support level below 23.97 and any test of the support level is usually a buy signal. In this case, the support at 23.73 is tested, a buy signal would be present.

• Short GTR just below 24.36, target 23.73, stop loss at 24.43 details

The technical summary data suggests a short of GTR as it approaches 24.36, with a downside target of 23.73. However, we should place a stop loss at 24.43. 24.36 is the first resistance level above 23.97, and according to the rule, any test of the resistance is a short signal. In this case, a short signal would be present if the resistance 24.36 is tested.

Swing Trading Plans for GTR

• Buy GTR just above 24.08, target nz, stop loss at 24.01 details

If 24.08 starts to rise, the technical summary data tells us to buy GTR just above 24.08, with an upside target of n/a. The data also tells us to set a stop loss at 24.01 in case the stock turns against the trade. 24.08 is the first resistance level above 23.97, and according to the rule, any break above resistance is a buy signal. In this case, 24.08, 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 GTR just near 24.08, target 23.73, stop loss at 24.15. details

The technical summary data suggests a short of GTR if it tests 24.08 with a downside target of 23.73. However, we should place a stop loss at 24.15 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 24.08 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 GTR

• Buy GTR just above 24.08, target 24.36, stop loss at 24.02 details

If 24.08 starts to rise, the technical summary data tells us to buy GTR just above 24.08, with an upside target of 24.36. The data also tells us to set a stop loss at 24.02 in case the stock turns against the trade. 24.08 is the first resistance level above 23.97, and any break above resistance is usually a buy signal. In this case, 24.08, 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 GTR just near 24.08, target 23.73, stop loss at 24.14. details

The technical summary data suggests a short of GTR if it tests 24.08 with a downside target of 23.73. However, we should place a stop loss at 24.14 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 24.08 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 Wisdomtree Target Range Fund (GTR) available here: GTRL.

GTR Ratings for June 22:

AI-generated signals for GTR

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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 Wisdomtree Target Range Fund The data table (NYSE:GTR) below can help you with the price trend and we also have more details. Trading plans for GTR 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 any other stock, you can get unlimited real-time reports here.