(RUBY) Long Term Investment Analysis
Technically, RBC U.S. Banks Yield Index ETF (TSX: RUBY) provides opportunities for traders who are watching the price of the stock oscillate over time. Instructions: The rules that govern the data in this report are the rules of Technical Analysis. For example, if RUBY is testing support, buy signals surface, and resistance is the target. Conversely, if resistance is being tested, that is a sign to control risk or short, and support would be the downside target accordingly. In each 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 it acts as a level of risk control too. Swing Trades, Day Trades, and Longer-term Trading Plans: This data is refined to differentiate trading plans for Day Trading, Swing Trading, and Long-Term Investing plans for RUBY too. All of these are offered below the Summary Table.
Trading Plans (Long Term)
Buy near 26.24, target 27.76, stop loss @ 26.11
Short near 27.76, target 26.24, stop loss @ 27.90
Check the time stamp on this data. Updated AI-Generated Signals for RBC U.S. Banks Yield Index ETF (RUBY:CA) available here.
RUBY:CA Ratings for February 13:
Term | Near | Mid | Long |
---|---|---|---|
Rating | Weak | Neutral | Strong |
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