pool adsChanges to the Price of Telephone And Data Systems #TDS Influence Investor Perception
Often, the action in a #stock is based on #investor perceptions, but it can be a circular event. Not only is the #priceaction representative of perception, but it can influence perception too. In the case of Telephone And Data Systems (NYSE: TDS) we can see this in the charts. The data for TDS in the summary table and trading plans below are intended to provide an example of how to extrapolate this. Our data was current at the time of publication, but it is not updated in real time here. If you want real time updates, or data on a different stock, please get one here Unlimited Real Time Reports.
Technical Summary
| Term → | Near | Mid | Long |
|---|---|---|---|
| Rating | Neutral | Strong | Neutral |
| P1 | 0 | 0 | 18.42 |
| P2 | 23.12 | 23.30 | 20.60 |
| P3 | 23.43 | 23.78 | 22.83 |
Support and Resistance Plot Chart for TDS
Long Term Trading Plans for TDS
April 29, 2021, 1:15 pm ET
The Technical Summary and Trading Plans for TDS 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 TDS Report.
TDS - (Long) Support Plan
The technical summary data tells us to buy TDS near 22.83, but there is no current upside target from the summary table. 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 data does tell us to set a stop loss 22.76 to protect against excessive loss in case the stock begins to move against the trade. 22.83 is the first level of support below 23.605, and by rule, any test of support is a buy signal. In this case, if support 22.83 is being tested, a buy signal would exist.
TDS - (Short) Resistance Plan
NONE .
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. Resistance levels have broken higher and unless the stock reverses lower and below support levels again short positions look risky.
Blue = Current Price
Red= Resistance
Green = Support
Real Time Updates for Repeat Institutional Readers:
Factset: Request User/Pass
Bloomberg, Reuters, Refinitiv, Zacks, or IB users: Access Here.
Our Market Crash Leading Indicator is Evitar Corte.
Evitar Corte warned of market crash risk four times since 2000.
It identified the Internet Debacle before it happened.
It identified the Credit Crisis before it happened.
It identified the Corona Crash too.
See what Evitar Corte is Saying Now.
Get Notified When our Ratings Change: Take a Trial
