Buy CTSH over 89.43, target n/a, Stop Loss 89.17 Details.Resistance levels have broken higher and unless the stock reverses lower and below support levels again short positions look risky. There are no current resistance levels from the summary table, and therefore there are no Short resistance Plans which tell us to short upon tests of resistance. In this case, if support 82.05 is being tested, a buy signal would exist. 82.05 is the first level of support below 86.66, and by rule, any test of support is a buy signal. The data does tell us to set a stop loss 81.81 to protect against excessive loss in case the stock begins to move against the trade. In this case we should wait until either an update to the summary table has been made (which usually happens at the beginning of every trading day), or until the position has been stopped. ![]() The technical summary data tells us to buy CTSH near 82.05, but there is no current upside target from the summary table. Buy CTSH over 82.05 target n/a stop loss 81.81.Source: Stock Traders Daily Longer Term Trading Plans for CTSH
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |