The technical summary data tells us to buy WLFC near 137.19 with an upside target of 185.17. This data also tells us to set a stop loss @ 136.79 to protect against excessive loss in case the stock begins to move against the trade. 137.19 is the first level of support below 142.38 , and by rule, any test of support is a buy signal. In this case, support 137.19 would be being tested, so a buy signal would exist.
The technical summary data is suggesting a short of WLFC as it gets near 185.17 with a downside target of 137.19. We should have a stop loss in place at 185.7though. 185.17 is the first level of resistance above 142.38, and by rule, any test of resistance is a short signal. In this case, if resistance 185.17 is being tested, so a short signal would exist.
Swing Trading Plans for WLFC
If 143.69 begins to break higher, the technical summary data tells us to buy WLFC just slightly over 143.69, with an upside target of 151.19. The data also tells us to set a stop loss @ 143.28 in case the stock turns against the trade. 143.69 is the first level of resistance above 142.38, and by rule, any break above resistance is a buy signal. In this case, 143.69, 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.
The technical summary data is suggesting a short of WLFC if it tests 143.69 with a downside target of 137.19. We should have a stop loss in place at 144.1 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, 143.69, 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 WLFC
If 143.69 begins to break higher, the technical summary data tells us to buy WLFC just slightly over 143.69, with an upside target of 145.2. The data also tells us to set a stop loss @ 143.35 in case the stock turns against the trade. 143.69 is the first level of resistance above 142.38, and by rule, any break above resistance is a buy signal. In this case, 143.69, 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.
The technical summary data is suggesting a short of WLFC if it tests 143.69 with a downside target of 141.72. We should have a stop loss in place at 144.03 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, 143.69, 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.
Real Time Updates for Repeat Institutional Readers:
From then on you can just click to get the real time update whenever you want.
GET REAL TIME UPDATES
This report was produced using AI developed by Stock Traders Daily. Over the past 20 years this proprietary AI has been refined to help identify the most opportune trading strategies for both individual stocks and the stock markets themselves. This methodology is also applied to Index options, ETFs, and futures. The objective of this specific report is to optimize trading in Willis Lease Finance Corporation (NASDAQ: WLFC) while incorporating prudent 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 WLFC change over time, so the report should be updated regularly. Real Time updates are provided to subscribers. Unlimited Real Time Reports.
Read more on Stock Traders Daily
