Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan. In this case, 21.63, initial resistance, would be breaking higher, so a buy signal would exist. 21.63 is the first level of resistance above 20.8, and by rule, any break above resistance is a buy signal. The data also tells us to set a stop loss 21.57 in case the stock turns against the trade. If 21.63 begins to break higher, the technical summary data tells us to buy DBX just slightly over 21.63, with an upside target of 23.06. Buy DBX slightly slightly over 21.63, target 23.06, Stop Loss 21.57 Details.In this case, if resistance 23.06 is being tested, a short signal would exist. 23.06 is the first level of resistance above 20.8, and by rule, any test of resistance is a short signal. We should have a stop loss in place at 23.13though. The technical summary data is suggesting a short of DBX as it gets near 23.06 with a downside target of 20.51. Short DBX slightly under 23.06, target 20.51, stop loss 23.13 Details.In this case, support 20.51 is being tested, a buy signal would exist. 20.51 is the first level of support below 20.8, and by rule, any test of support is a buy signal. This data also tells us to set a stop loss 20.45 to protect against excessive loss in case the stock begins to move against the trade. The technical summary data tells us to buy DBX near 20.51 with an upside target of 23.06.
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