Spdr Dow Jones Reit RWR Pivots Trading Plans and Risk Controls

Source: Stock Traders Daily

Longer Term Trading Plans for RWR
  • Buy RWR over 102.77 target 111.29 stop loss @ 102.47 Details
  • The technical summary data tells us to buy RWR near 102.77 with an upside target of 111.29. This data also tells us to set a stop loss @ 102.47 to protect against excessive loss in case the stock begins to move against the trade. 102.77 is the first level of support below 104.5 , and by rule, any test of support is a buy signal. In this case, support 102.77 is being tested, a buy signal would exist.

  • Short RWR under 111.29, target 102.77, stop loss @ 111.61 Details
  • The technical summary data is suggesting a short of RWR as it gets near 111.29 with a downside target of 102.77. We should have a stop loss in place at 111.61though. 111.29 is the first level of resistance above 104.5, and by rule, any test of resistance is a short signal. In this case, if resistance 111.29 is being tested, a short signal would exist.

Swing Trading Plans for RWR
  • Buy RWR over 111.29, target n/a, Stop Loss @ 110.97 Details
  • If 111.29 begins to break higher, the technical summary data tells us to buy RWR just over 111.29, with an upside target of n/a. The data also tells us to set a stop loss @ 110.97 in case the stock turns against the trade. 111.29 is the first level of resistance above 104.5, and by rule, any break above resistance is a buy signal. In this case, 111.29, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

  • Short RWR near 111.29, target 104.28, Stop Loss @ 111.61. Details
  • The technical summary data is suggesting a short of RWR if it tests 111.29 with a downside target of 104.28. We should have a stop loss in place at 111.61 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 111.29, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Day Trading Plans for RWR
  • Buy RWR over 111.29, target n/a, Stop Loss @ 111.03 Details
  • If 111.29 begins to break higher, the technical summary data tells us to buy RWR just over 111.29, with an upside target of n/a. The data also tells us to set a stop loss @ 111.03 in case the stock turns against the trade. 111.29 is the first level of resistance above 104.5, and by rule, any break above resistance is a buy signal. In this case, 111.29, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

  • Short RWR near 111.29, target 104.28, Stop Loss @ 111.55. Details
  • The technical summary data is suggesting a short of RWR if it tests 111.29 with a downside target of 104.28. We should have a stop loss in place at 111.55 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 111.29, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

RWR Ratings for August 11:

Term → Near Mid Long
Rating Strong Strong Weak
P1 0 0 94.29
P2 101.31 101.33 102.77
P3 103.16 104.28 111.29

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This Spdr Dow Jones Reit (NYSE: RWR) report was produced by Stock Traders Daily.  Over the past 20 years our metholdology has been refined to help identify strategies for both individual stocks and the stock markets, with prudent risk controls.

Warning:

This is a static report, the data below was valid at the time of the publication, but support and resistance levels for RWR change over time, so the report should be updated regularly.  Real Time updates are provided to subscribers.  Unlimited Real Time Reports.

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Instructions:

The rules that govern the data in this report are the rules of Technical Analysis.  For example, if RWR is testing support buy signals surface, and resistance is the target.  Conversely, if resistance is being tested, that is a sign to control risk or short, and support would be the downside target accordingly.  In each 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 it acts as a level of risk control too.

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Fundamental Charts for RWR:

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