Special Reports for Abbott Laboratories (NYSE:ABT), Halliburton Company (NYSE:HAL), and Seagate Technology PLC (NASDAQ:STX)
Stock Traders Daily has provided earnings analysis for Abbott Laboratories (NYSE:ABT), Halliburton Company (NYSE:HAL), and Seagate Technology PLC (NASDAQ:STX) with associated trading recommendations for each one of these within individualized special reports.
Using ABT as an example, analysts are looking for EPS results of 0.58 per share and they're looking for current quarterly and yearly earnings growth deterioration as shown in the chart patterns below. The technical summary data for ABT further shows that the stock is trading very close to a level of longer term support and actionable trading plans based on the successful or unsuccessful tests of support can be determined by this and the associated technical indicators for ABT.
Similar data and specific trading plans are also provided for HAL and STX within their special reports.
Long Term Trading Plans for ABT
October 17, 2016, 3:12 pm ET
The technical Summary and associated Trading Plans for ABT listed below will help you make important timing decisions for your trades. This data is based on our proprietary analysis for ABT. In addition we offer Market Timing Models and Stock Filters in the links above which may increase the proficiency of the decisions you make.
ABT - (Long) Support Plan
Buy over 38.50 target 42.96 stop loss @ 38.24.
The technical summary data tells us to buy ABT near 38.50 with an upside target of 42.96. This data also tells us to set a stop loss @ 38.24 to protect against excessive loss in case the stock begins to move against the trade. 38.50 is the first level of support below 40.6 , and by rule, any test of support is a buy signal. In this case, support 38.50 would be being tested, so a buy signal would exist.
ABT - (Short) Resistance Plan
Short under 42.96 target 38.50 stop loss @ 43.22.
The technical summary data is suggesting a short of ABT as it gets near 42.96 with a downside target of 38.50. We should have a stop loss in place at 43.22 though. 42.96 is the first level of resistance above 40.6, and by rule, any test of resistance is a short signal. In this case, if resistance 42.96 is being tested, so a short signal would exist.