(IDXX) On The My Stocks Page

May 08, 2024, 08:58 am ET, BY Thomas H. Kee Jr- Editor, Stock Traders Daily| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for IDXX

• Buy IDXX slightly over 471.32 target 525.52 stop loss @ 469.96 Details

The technical summary data tells us to buy IDXX near 471.32 with an upside target of 525.52. This data also tells us to set a stop loss @ 469.96 to protect against excessive loss in case the stock begins to move against the trade. 471.32 is the first level of support below 482 , and by rule, any test of support is a buy signal. In this case, support 471.32 would be being tested, so a buy signal would exist.

• Short IDXX slightly under 525.52, target 471.32, stop loss @ 527.04 Details

The technical summary data is suggesting a short of IDXX as it gets near 525.52 with a downside target of 471.32. We should have a stop loss in place at 527.04though. 525.52 is the first level of resistance above 482, and by rule, any test of resistance is a short signal. In this case, if resistance 525.52 is being tested, so a short signal would exist.

Swing Trading Plans for IDXX

• Buy IDXX slightly over 491.26, target 525.52, Stop Loss @ 489.84 Details

If 491.26 begins to break higher, the technical summary data tells us to buy IDXX just slightly over 491.26, with an upside target of 525.52. The data also tells us to set a stop loss @ 489.84 in case the stock turns against the trade. 491.26 is the first level of resistance above 482, and by rule, any break above resistance is a buy signal. In this case, 491.26, 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.

• Short IDXX slightly near 491.26, target 471.32, Stop Loss @ 492.68. Details

The technical summary data is suggesting a short of IDXX if it tests 491.26 with a downside target of 471.32. We should have a stop loss in place at 492.68 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, 491.26, 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 IDXX

• Buy IDXX slightly over 487.09, target 491.26, Stop Loss @ 485.95 Details

If 487.09 begins to break higher, the technical summary data tells us to buy IDXX just slightly over 487.09, with an upside target of 491.26. The data also tells us to set a stop loss @ 485.95 in case the stock turns against the trade. 487.09 is the first level of resistance above 482, and by rule, any break above resistance is a buy signal. In this case, 487.09, 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.

• Short IDXX slightly near 487.09, target 479.74, Stop Loss @ 488.23. Details

The technical summary data is suggesting a short of IDXX if it tests 487.09 with a downside target of 479.74. We should have a stop loss in place at 488.23 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, 487.09, 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.

Check the time stamp on this data. Updated AI-Generated Signals for Idexx Laboratories Inc. (IDXX) available here: IDXX.

IDXX Ratings for May 08:

Term →	Near	Mid	Long
Rating	Neutral	Neutral	Neutral
P1	0	0	471.32
P2	479.74	468.4	525.52
P3	487.09	491.26	578.93

AI Generated Signals for IDXX

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Trading or Investing in Idexx Laboratories Inc. (NASDAQ: IDXX) involves an observation of the technicals, every time.  This data reveals the current technicals.

Warning:

This is a static report, the data below was valid at the time of the publication, but support and resistance levels for IDXX change over time, so the report should be updated regularly.  Real Time updates are provided to subscribers.  Unlimited Real Time Reports.

Subscribers also receive market analysis, stock correlation tools, macroeconomic observations, timing tools, and protection from market crashes using Evitar Corte.  

Instructions:

The rules that govern the data in this report are the rules of Technical Analysis.  For example, if IDXX 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 IDXX too.  All of these are offered below the Summary Table.