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June 27, 2024, 2:50 AM ET, BY Barry C. – Contributor | Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer-term trading plans for GAPR

• Buy GAPR just above 35.56, target n/a stop loss at 35.46. details

The technical summary data tells us to buy GAPR at 35.56, but there is no current upside target from the summary chart. In this case, we should wait until either an update to the summary chart has occurred (which usually happens at the start of each trading day) or until the position is stopped. The data tells us to set a stop loss at 35.46 to protect ourselves from excessive losses in case the stock starts moving against the trade. 35.56 is the first support level below 35.6454, and according to the rule, any test of support is a buy signal. In this case, a buy signal would be present if the 35.56 support is tested.

• NONE . details

NONE .
There are currently no resistance levels listed in the summary chart and therefore no short resistance plans that prompt us to short on resistance tests. Resistance levels have broken higher and short positions appear risky unless the stock breaks back down and below support levels.

Swing Trading Plans for GAPR

• Buy GAPR just above n/a, target n/a, stop loss at 0 details

If $n/a starts to break higher, the technical summary data tells us to buy GAPR just above $n/a, with an upside target of $n/a. The data also tells us to set a stop loss at 0 in case the stock turns against the trade. $n/a is the first resistance level above 35.6454, and according to the rule, any break above resistance is a buy signal. In this case, $n/a, the initial resistance, would break higher, 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 GAPR slightly near n/a, target 35.56, stop loss at 0. details

The technical summary data suggests a short of GAPR if it tests n/a with a downside target of 35.56. However, we should set a stop loss at 0 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 when a resistance, n/a, 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 GAPR

• Buy GAPR just above 35.77, target na, stop loss at 35.69 details

If 35.77 starts to rise, the technical summary data tells us to buy GAPR just above 35.77, with an upside target of $n/a. The data also tells us to set a stop loss at 35.69 in case the stock turns against the trade. 35.77 is the first resistance level above 35.6454, and any break above resistance is usually a buy signal. In this case, 35.77, the initial resistance, would move higher, 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 GAPR close to 35.77, target 35, stop loss at 35.85. details

The technical summary data suggests a short of GAPR if it tests 35.77 with a downside target of 35. However, we should place a stop loss at 35.85 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 35.77 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 Moderate Buffer ETF – April (GAPR) available here: GAPR.

GAPR Ratings for June 27:

AI-generated signals for GAPR

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This report was created using an AI developed by Stock Traders Daily. Over the last 20 years, this proprietary AI has been refined to identify the most favorable trading strategies for both individual stocks and the stock markets themselves. This method is also applied to index options, ETFs and futures. The goal of this specific report is to optimize trading in Ft Cboe Vest US Equity Moderate Buffer ETF – April (NASDAQ: GAPR) while incorporating prudent risk controls.

Warning:

This is a static report. The data below was valid at the time of publication, but support and resistance levels for GAPR change over time, so the report should be updated regularly. Subscribers get real-time updates. Unlimited real-time reports.

Subscribers also receive market analysis, stock correlation tools, macroeconomic observations, timing tools, and protection against market downturns with Evitar Corte.

Instructions:

The rules that govern the data in this report are the rules of technical analysis. For example, when GAPR tests support, buy signals emerge and resistance is the target. Conversely, when resistance is tested, it is a sign to control risk or sell and support would be the downside target accordingly. In any case, the trigger point is designed to be both an ideal place to enter a position (avoid trading in the middle of a trading channel) and to act as a risk control level.

Swing trades, day trades and longer-term trading plans:

This data is refined to also differentiate trading plans for day trading, swing trading and long-term investment plans for GAPR. All of these are offered below the summary table.