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

June 26, 2024, 2:42 AM ET, BY John – Contributor | Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer-term trading plans for FJAN

• Buy FJAN just above 42.98 Target 43.92 Stop Loss @ 42.86 details

The technical summary data tells us to buy FJAN at 42.98 with an upside target of 43.92. This data also tells us to set a stop loss at 42.86 to protect ourselves from excessive losses in case the stock starts moving against the trade. 42.98 is the first level of support below 43.33 and any test of support is usually a buy signal. In this case, the support at 42.98 is tested, a buy signal would be present.

• Short FJAN just below 43.92, target 42.98, stop loss at 44.05 details

The technical summary data suggests a short of FJAN as it approaches 43.92, with a downside target of 42.98. However, we should place a stop loss at 44.05. 43.92 is the first resistance level above 43.33, and any test of resistance is usually a short signal. In this case, a short signal would be present if the 43.92 resistance is tested.

Swing Trading Plans for FJAN

• Buy FJAN just above 43.56, target 43.92, stop loss at 43.43 details

If 43.56 starts to rise, the technical summary data tells us to buy FJAN just above 43.56, with an upside target of 43.92. The data also tells us to set a stop loss at 43.43 in case the stock turns against the trade. 43.56 is the first resistance level above 43.33, and any break above resistance is usually a buy signal. In this case, 43.56, 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 FJAN close to 43.56, target 43.33, stop loss at 43.69. details

The technical summary data suggests a short of FJAN if it tests 43.56, with a downside target of 43.33. However, we should place a stop loss at 43.69 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 43.56 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 FJAN

• Buy FJAN just above 43.35, target 43.56, stop loss at 43.25. details

If 43.35 starts to rise, the technical summary data tells us to buy FJAN just above 43.35, with an upside target of 43.56. The data also tells us to set a stop loss at 43.25 in case the stock turns against the trade. 43.35 is the first resistance level above 43.33, and any break above resistance is usually a buy signal. In this case, 43.35, 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 FJAN close to 43.35, target 42.98, stop loss at 43.45. details

The technical summary data suggests a short of FJAN if it tests 43.35, with a downside target of 42.98. However, we should place a stop loss at 43.45 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 43.35 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 Ft Cboe Vest US Equity Buffer ETF – January (FJAN) available here: FJAN.

FJAN ratings for June 26:

AI-generated signals for FJAN

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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 Ft Cboe Vest US Equity Buffer ETF – January The data table (NASDAQ:FJAN) below can help you with the price action and we also have more details. Trading plans for FJAN 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 it here: Unlimited Real-Time Reports.