Stock Traders Daily

(USGO) Trading Report

Stock Traders Daily
Publish date:
HOW TO TRADE THE MARKET

We have been offering proactive trading strategies to our clients through the internet since January 2, 2000, arguably longer than any other firm on the web today. We have withstood the Internet Debacle, the Great Recession, and we are prepared for what lies ahead too.

Find out why our strategies are changing the way people manage their wealth.

Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This report optimizes trading in U.s. Goldmining Inc. (NASDAQ: USGO) with integrated risk controls.

Warning:

The trading plans were valid at the time this was published, but the support and resistance levels for USGO change as time passes, and this should be updated in real time. Access those real time updates for this and 1000 other stocks here. Unlimited Real Time Reports

Protection from Market Crashes: Subscribers also get our Tail Risk hedge, Evitar Corte

Instructions:

Use the basic rules of Technical Analysis. Here are some examples: if USGO is testing support the signal is to buy and target resistance. On the other hand, if resistance is tested, that is a sign to short, and target support. No matter which side the trade is, long or short, the trigger point is both a place to enter and as a risk control.

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

This data can be used to define Day Trading, Swing Trading, and Long Term Investing plans for USGO too. All of these are offered here: Access our Real Time Trading Plans

Longer Term Trading Plans for USGO
  • Buy USGO near 7.18 target 9.49 stop loss @ 7.16
  • Short USGO slightly under 9.49, target 7.18, stop loss @ 9.52
Swing Trading Plans for USGO
  • Buy USGO slightly over 8.88, target 9.49, Stop Loss @ 8.85
  • Short USGO slightly near 8.88, target 8.1, Stop Loss @ 8.91.
Day Trading Plans for USGO
  • Buy USGO slightly over 8.91, target 9.49, Stop Loss @ 8.89
  • Short USGO slightly near 8.91, target 8.46, Stop Loss @ 8.93.

USGO Technical Summary | Raw Data for the Trading Plans

Term →Near Mid Long
Bias Weak Weak Neutral
P1 0 0 5.43
P2 8.46 8.1 7.18
P3 8.91 8.88 9.49

USGO Long Term Analysis for November 6 2024

Discussions
Be the first to like this. Showing 0 of 0 comments

Post a Comment