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

July 22, 2024, 6:06 PM ET, BY Joseph H. – Contributor | Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer-term trading plans for JHS

• Buy JHS just above 10.76, target 11.17, stop loss at 10.73 details

The technical summary data tells us to buy JHS at 10.76 with an upside target of 11.17. This data also tells us to set a stop loss at 10.73 to protect ourselves from excessive losses in case the stock starts moving against the trade. 10.76 is the first support level below 11.14 and according to the rule, any test of support is a buy signal. In this case, the support at 10.76 would be tested, so a buy signal would be present.

• Short JHS just below 11.17, target 10.76, stop loss at 11.2 details

The technical summary data suggests a short of JHS as it approaches 11.17, with a downside target of 10.76. However, we should place a stop loss at 11.2. 11.17 is the first resistance level above 11.14, and according to the rule, any test of resistance is a short signal. In this case, a short signal would be present if the resistance 11.17 is tested.

Swing Trading Plans for JHS

• Buy JHS just above 11.29, target nz, stop loss at 11.26. details

If 11.29 starts to rise, the technical summary data tells us to buy JHS just above 11.29, with an upside target of n/a. The data also tells us to set a stop loss at 11.26 in case the stock turns against the trade. 11.29 is the first resistance level above 11.14, and according to the rule, any break above resistance is a buy signal. In this case, 11.29, 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 JHS close to 11.29, target 10.76, stop loss at 11.32. details

The technical summary data suggests a short of JHS if it tests 11.29 with a downside target of 10.76. However, we should place a stop loss at 11.32 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 11.29 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 JHS

• Buy JHS just above 11.29, target 11.55, stop loss at 11.26 details

If 11.29 starts to rise, the technical summary data tells us to buy JHS just above 11.29, with an upside target of 11.55. The data also tells us to set a stop loss at 11.26 in case the stock turns against the trade. 11.29 is the first resistance level above 11.14, and any break above resistance is usually a buy signal. In this case, 11.29, 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 JHS close to 11.29, target 10.76, stop loss at 11.32. details

The technical summary data suggests a short of JHS if it tests 11.29 with a downside target of 10.76. However, we should place a stop loss at 11.32 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 11.29 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 John Hancock Income Securities Trust (JHS) available here: JHS.

JHS Ratings for July 22:

AI-generated signals for JHS

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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 John Hancock Income Securities Trust The data table (NYSE:JHS) below can help you with the price trend and we also have more details. Trading plans for JHS 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.