How the (ATLCP) price action is used to our Advantage
October 30, 2024, 22:36 pm ET, BY Thomas H. Kee Jr- Editor, Stock Traders Daily| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for ATLCP
- Buy ATLCP near 22.31 target 23.21 stop loss @ 22.25 Details
The technical summary data tells us to buy ATLCP near 22.31 with an upside target of 23.21. This data also tells us to set a stop loss @ 22.25 to protect against excessive loss in case the stock begins to move against the trade. 22.31 is the first level of support below 22.8932 , and by rule, any test of support is a buy signal. In this case, support 22.31 would be being tested, so a buy signal would exist.
- Short ATLCP slightly under 23.21, target 22.31, stop loss @ 23.28 Details
The technical summary data is suggesting a short of ATLCP as it gets near 23.21 with a downside target of 22.31. We should have a stop loss in place at 23.28though. 23.21 is the first level of resistance above 22.8932, and by rule, any test of resistance is a short signal. In this case, if resistance 23.21 is being tested, so a short signal would exist.
Swing Trading Plans for ATLCP
- Buy ATLCP slightly over 22.92, target 23.21, Stop Loss @ 22.85 Details
If 22.92 begins to break higher, the technical summary data tells us to buy ATLCP just slightly over 22.92, with an upside target of 23.21. The data also tells us to set a stop loss @ 22.85 in case the stock turns against the trade. 22.92 is the first level of resistance above 22.8932, and by rule, any break above resistance is a buy signal. In this case, 22.92, 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 ATLCP slightly near 22.92, target 22.65, Stop Loss @ 22.99. Details
The technical summary data is suggesting a short of ATLCP if it tests 22.92 with a downside target of 22.65. We should have a stop loss in place at 22.99 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, 22.92, 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 ATLCP
- Buy ATLCP slightly over 22.93, target 23.21, Stop Loss @ 22.88 Details
If 22.93 begins to break higher, the technical summary data tells us to buy ATLCP just slightly over 22.93, with an upside target of 23.21. The data also tells us to set a stop loss @ 22.88 in case the stock turns against the trade. 22.93 is the first level of resistance above 22.8932, and by rule, any break above resistance is a buy signal. In this case, 22.93, 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 ATLCP slightly near 22.93, target 22.65, Stop Loss @ 22.98. Details
The technical summary data is suggesting a short of ATLCP if it tests 22.93 with a downside target of 22.65. We should have a stop loss in place at 22.98 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, 22.93, 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 Atlanticus Holdings Corporation 7.625% Series B Cumulative Perpetual Preferred Stock No Par Value Per Share (ATLCP) available here: ATLCP.
ATLCP Ratings for October 30:
| Term → | Near |
Mid |
Long |
|---|
| Rating |
Neutral |
Neutral |
Strong |
| P1 |
0 |
0 |
22.31 |
| P2 |
22.93 |
22.65 |
23.21 |
| P3 |
0 |
22.92 |
24.19 |
AI Generated Signals for ATLCP
Blue = Current Price
Red= Resistance
Green = Support
Real Time Updates for Repeat Institutional Readers:
Instructions:Click the Get Real Time Updates button below.
In the login prompt, select forgot username
Type the email you use for Factset
Use the user/pass you receive to login
You will have 24/7 access to real time updates.
From then on you can just click to get the real time update whenever you want.
GET REAL TIME UPDATES
Our Market Crash Leading Indicator isEvitar 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
Our job as #investors is to pay attention to the #stocks we own. Part of that involves looking at the #fundamentals, but half of the disclosure comes from looking at price action. The Atlanticus Holdings Corporation 7.625% Series B Cumulative Perpetual Preferred Stock No Par Value Per Share (NASDAQ: ATLCP) data table below can help you with price action, and we have more details too. Trading plans for ATLCP are shown here too; these plans are updated in real time for subscribers, where this report is static. If you want an update, or a report on a different stock, please get one here Unlimited Real Time Reports.
Fundamental Charts for ATLCP:
pool ads
