pool adsAetna $AET Technical Update
The Aetna (NYSE: AET) update and the technical summary table below can help you manage risk and optimize returns. We have day, swing, and longer-term trading plans for AET, and 1300 other stocks too, updated in real time for our trial subscribers. The data below is a snapshot, but updates are available now.
Technical Summary
| Term → | Near | Mid | Long |
|---|---|---|---|
| Rating | Neutral | Neutral | Neutral |
| P1 | 206.92 | 195.31 | 198.12 |
| P2 | 209.00 | 203.85 | 207.66 |
| P3 | 210.79 | 212.09 | 216.90 |
Support and Resistance Plot Chart for AET
Long Term Trading Plans for AET
November 19, 2018, 11:30 pm ET
The Technical Summary and Trading Plans for AET help you determine where to buy, sell, and set risk controls. The data is best used in conjunction with our Market Analysis and Stock Correlation Filters too, because those help us go with the flow of the market as well. Going with the flow is extremely important, so review our Market Analysis with this AET Report.
AET - (Long) Support Plan
Buy over 198.12 target 207.66 stop loss @ 197.86.
The technical summary data tells us to buy AET near 198.12 with an upside target of 207.66. This data also tells us to set a stop loss @ 197.86 to protect against excessive loss in case the stock begins to move against the trade. 198.12 is the first level of support below 207.52 , and by rule, any test of support is a buy signal. In this case, support 198.12 would be being tested, so a buy signal would exist.
AET - (Short) Resistance Plan
Short under 207.66 target 198.12 stop loss @ 207.92.
The technical summary data is suggesting a short of AET as it gets near 207.66 with a downside target of 198.12. We should have a stop loss in place at 207.92 though. 207.66 is the first level of resistance above 207.52, and by rule, any test of resistance is a short signal. In this case, if resistance 207.66 is being tested, so a short signal would exist.
