Investor Alert

April 29, 2021, 4:17 p.m. EDT

How to Develop Trading Plans for Ishares 20+ Year Treasury Bond #TLT and other Stocks

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Apr 29, 2021 (Stock Traders Daily via COMTEX) -- According to Stock Traders Daily, a 20-year industry veteran, #investors can use the #priceaction in Ishares 20+ Year Treasury Bond /zigman2/quotes/206026314/composite TLT +0.21% to foretell upcoming changes. A current example is provided below. There are trading plans for TLT, but the data on this page does not update in real time. If you want a real time update, or a different stock, please get one here Unlimited Real Time Reports .

Technical Summary

The Technical Summary and Trading Plans for TLT help you determine where to buy, sell, and set risk controls. The data is best used in conjunction with our Market Analysis and Stock Correlation Filters too, because those help us go with the flow of the market as well. Going with the flow is extremely important, so review our Market Analysis with this TLT Report.

The technical summary data tells us to buy TLT near 136.09 with an upside target of 142.70. This data also tells us to set a stop loss @ 135.7 to protect against excessive loss in case the stock begins to move against the trade. 136.09 is the first level of support below 138.33 , and by rule, any test of support is a buy signal. In this case, support 136.09 would be being tested, so a buy signal would exist.

The technical summary data is suggesting a short of TLT as it gets near 142.70 with a downside target of 136.09. We should have a stop loss in place at 143.11though. 142.70 is the first level of resistance above 138.33, and by rule, any test of resistance is a short signal. In this case, if resistance 142.70 is being tested, so a short signal would exist.


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US : U.S.: Nasdaq
$ 151.06
+0.31 +0.21%
Volume: 18.27M
Aug. 4, 2021 4:00p

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