How To Trade Spdr Dow Jones Reit RWR

Source: Stock Traders Daily

Longer Term Trading Plans for RWR
  • Buy RWR over 118.08 target 123.49 stop loss @ 117.74 Details
  • The technical summary data tells us to buy RWR near 118.08 with an upside target of 123.49. This data also tells us to set a stop loss @ 117.74 to protect against excessive loss in case the stock begins to move against the trade. 118.08 is the first level of support below 121.36 , and by rule, any test of support is a buy signal. In this case, support 118.08 is being tested, a buy signal would exist.

  • Short RWR under 123.49, target 118.08, stop loss @ 123.85 Details
  • The technical summary data is suggesting a short of RWR as it gets near 123.49 with a downside target of 118.08. We should have a stop loss in place at 123.85though. 123.49 is the first level of resistance above 121.36, and by rule, any test of resistance is a short signal. In this case, if resistance 123.49 is being tested, a short signal would exist.

Swing Trading Plans for RWR
  • Buy RWR over 123.49, target n/a, Stop Loss @ 123.13 Details
  • If 123.49 begins to break higher, the technical summary data tells us to buy RWR just over 123.49, with an upside target of n/a. The data also tells us to set a stop loss @ 123.13 in case the stock turns against the trade. 123.49 is the first level of resistance above 121.36, and by rule, any break above resistance is a buy signal. In this case, 123.49, 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 123.49, target 119.41, Stop Loss @ 123.85. Details
  • The technical summary data is suggesting a short of RWR if it tests 123.49 with a downside target of 119.41. We should have a stop loss in place at 123.85 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, 123.49, 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 123.49, target n/a, Stop Loss @ 123.2 Details
  • If 123.49 begins to break higher, the technical summary data tells us to buy RWR just over 123.49, with an upside target of n/a. The data also tells us to set a stop loss @ 123.2 in case the stock turns against the trade. 123.49 is the first level of resistance above 121.36, and by rule, any break above resistance is a buy signal. In this case, 123.49, 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 123.49, target 120.26, Stop Loss @ 123.78. Details
  • The technical summary data is suggesting a short of RWR if it tests 123.49 with a downside target of 120.26. We should have a stop loss in place at 123.78 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, 123.49, 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 Technical Summary | Raw Data for the Trading Plans

Term → Near Mid Long
Bias Strong Strong Strong
P1 0 0 112.57
P2 118.42 117.05 118.08
P3 120.26 119.41 123.49

This report provides trading strategies for Spdr Dow Jones Reit (NYSE: RWR) while incorporating 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.

Swing Trades, Day Trades, and Longer term Trading Plans:

This data is refined to differentiate trading plans for Day Trading, Swing Trading, and Long Term Investing plans for RWR too.  All of these are offered below the Summary Table.

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Fundamental Charts for RWR