(ZIG) Runs trading plans and risk controls

Longer term trading plans for ZIG

  • Buy ZIG just over 35.85, target 37.53 stop loss @ 35.75 Details
  • The technical summary data tells us to buy ZIG around 35.85 with an upside target of 37.53. This data also tells us to set a stop loss @ 35.75 to protect against excessive loss in case the stock starts moving against the trade. 35.85 is the first support level below 36.1637, and as a rule, any test of support is a buy signal. In this case, support 35.85 would be tested, so there would be a buy signal.

  • Short ZIG just below 37.53, target 35.85, stop loss @ 37.64 Details
  • The technical summary data indicates a shortfall on ZIG as it nears 37.53 with a downside target of 35.85. However, we should have a stop loss at 37.64. 37.53 is the first resistance level above 36.1637, and as a rule, any resistance test is a short signal. In this case, if resistance 37.53 is tested, a short signal would exist.

Swing trading plans for ZIG

  • Buy ZIG just above 36.65, target 37.53, Stop Loss @ 36.54 Details
  • If 36.65 starts to move higher, the technical summary data tells us to buy ZIG just above 36.65, with an upside target of 37.53. The data also tells us to set a stop loss at 36.54 in case the stock turns against the trade. 36.65 is the first resistance level above 36.1637, and generally any break above resistance is a buy signal. In this case, 36.65, the initial resistance, would break higher, creating a buy signal. Because this plan is based on breaking through resistance, it is called a Long Resistance Plan.

  • Short ZIG something near 36.65, target 36.05, stop loss @ 36.76. Details
  • The technical summary data suggests a shortfall on ZIG as it tests 36.65 with a downside target of 36.05. However, we should have a stop loss at 36.76 in case the stock starts moving against the trade. As a rule, each resistance test is a short signal. In this case, testing the resistance, 36.65, would produce a short signal. Because this plan is a short plan based on a resistance test, it is called a Short Resistance Plan.

Day trading plans for ZIG

  • Buy ZIG just above 36.65, target 37.53, Stop Loss @ 36.56 Details
  • If 36.65 starts to move higher, the technical summary data tells us to buy ZIG just above 36.65, with an upside target of 37.53. The data also tells us to set a stop loss at 36.56 in case the stock turns against the trade. 36.65 is the first resistance level above 36.1637, and generally any break above resistance is a buy signal. In this case, 36.65, the initial resistance, would break higher, creating a buy signal. Because this plan is based on breaking through resistance, it is called a Long Resistance Plan.

  • Short ZIG something near 36.65, target 36.13, stop-loss @ 36.74. Details
  • The technical summary data suggests a shortfall on ZIG as it tests 36.65 with a downside target of 36.13. However, we should have a stop loss at 36.74 in case the stock starts moving against the trade. As a rule, each resistance test is a short signal. In this case, testing the resistance, 36.65, would produce a short signal. Because this plan is a short plan based on a resistance test, it is called a Short Resistance Plan.

Check the time stamp on this data. Updated AI-generated signals for The Acquirers Fund (ZIG) available here: ZIG.

ZIG ratings for June 15:







Term → Near Middle
Long
Judgement Weak Neutral Strong
P1 0 0 35.85
P2 36.13 36.05 37.53
P3 36.59 36.65 39.13
AI-generated signals for ZIG

ZIG Long-term analysis for June 15, 2024

Blue = Current price
Red= Resistance
Green = Support

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This The Acquirers Fund (NYSE: ZIG) report was produced by Stock Traders Daily. Over the past twenty years, our methodology has been refined to help identify strategies for both individual stocks and the equity markets, with prudent risk management.

Warning:

This is a static report. The data below was valid at the time of publication, but the support and resistance levels for ZIG 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 apply to the data in this report are the rules of technical analysis. For example, if ZIG is testing support, buy signals emerge and resistance is the target. Conversely, if resistance is tested, it is a sign that risk is under control or a short position exists, 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 (to avoid trading in the middle of a trading channel), but also acts as a level of risk control.

Swing trades, day trades and longer term trading plans:

This data has been refined to distinguish Day Trading, Swing Trading and Long Term Investing plans for ZIG as well. These are all offered below the overview table.

Fundamental charts for ZIG: