(CARD) Trading Report

August 8, 2024, 6:18 AM ET, BY Bill – Contributor | Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer-term trading plans for CARD

• Buy CARD just above 12.2, target 16.71, stop loss at 12.16 details

The technical summary data tells us to buy CARD at 12.2 with an upside target of 16.71. This data also tells us to set a stop loss at 12.16 to protect ourselves from excessive losses in case the stock starts moving against the trade. 12.2 is the first support level below 13.319 and any test of support is usually a buy signal. In this case, the support at 12.2 is tested, a buy signal would be present.

• Short CARD just below 16.71, target 12.2, stop loss at 16.76 details

The technical summary data suggests a short of CARD as it approaches 16.71, with a downside target of 12.2. However, we should place a stop loss at 16.76. 16.71 is the first resistance level above 13.319, and any test of resistance is usually a short signal. In this case, a short signal would be present if the 16.71 resistance is tested.

Swing Trading Plans for CARD

• Buy CARD just above 16.71, target nz, stop loss at 16.66 details

If 16.71 starts to rise, the technical summary data tells us to buy CARD just above 16.71, with an upside target of $n/a. The data also tells us to set a stop loss at 16.66 in case the stock turns against the trade. 16.71 is the first resistance level above 13.319, and any break above resistance is usually a buy signal. In this case, 16.71, 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 CARD close to 16.71, target 13.15, stop loss at 16.76. details

The technical summary data suggests a short of CARD if it tests 16.71 with a downside target of 13.15. However, we should place a stop loss at 16.76 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 16.71 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 CARD

• Buy CARD just above 13.59, target 16.71, stop loss at 13.56 details

If 13.59 starts to rise, the technical summary data tells us to buy CARD just above 13.59, with an upside target of 16.71. The data also tells us to set a stop loss at 13.56 in case the stock turns against the trade. 13.59 is the first resistance level above 13.319, and any break above resistance is usually a buy signal. In this case, 13.59, 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 CARD just near 13.59, target 13.15, stop loss at 13.62. details

The technical summary data suggests a short of CARD if it tests 13.59 with a downside target of 13.15. However, we should place a stop loss at 13.62 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 13.59 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 Bank Of Montreal Zc Sp Etn Redeem 05/28/2043 USD 25 – 063679468 (MAP) available here: MAP.

CARD ratings for August 08:

AI-generated signals for CARD

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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 Bank Of Montreal Zc Sp Etn Redeem 05/28/2043 USD 25 – 063679468 (NASDAQ: CARD) 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 CARD change over time, so the report should be updated regularly. Subscribers get real-time updates. 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, when CARD tests support, buy signals emerge and resistance is the target. Conversely, a test of resistance 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 CARD. All of these are offered below the summary table.