iShares iBonds Dec 2054 Term Treasury ETF Price & Performance (IBGK)

The Ishares Ibonds Dec 2054 Term Treasury ETF (IBGK) is approaching a resistance level of 24.67, which could trigger short-selling opportunities with a target of 23.62. Traders are advised to maintain a stop loss at 24.74. On the upside, a breakout above 24.67 may signal a buying opportunity targeting 25.84.1

IBGK's support level at 24.24 has become a focal point for traders, signaling a potential buy with a target of 25.21. Conversely, resistance at 25.21 may prompt short positions targeting 24.24. These levels highlight the ETF's trading range and the importance of stop-loss strategies to mitigate losses.2

Recent analysis suggests IBGK could present opportunities for both short and long positions. A short is recommended near resistance at 24.58, targeting 23.31, while a break above this level offers a buy signal with a target of 25.21. Traders should closely monitor these levels for market movements.2