How the (LH) price action is used to our Advantage

Longer Term Trading Plans for LH

• Buy LH near 235.54 target 251.4 stop loss @ 234.86 Details

The technical summary data tells us to buy LH near 235.54 with an upside target of 251.4. This data also tells us to set a stop loss @ 234.86 to protect against excessive loss in case the stock begins to move against the trade. 235.54 is the first level of support below 250.51 , and by rule, any test of support is a buy signal. In this case, support 235.54 would be being tested, so a buy signal would exist.

• Short LH slightly under 251.4, target 235.54, stop loss @ 252.13 Details

The technical summary data is suggesting a short of LH as it gets near 251.4 with a downside target of 235.54. We should have a stop loss in place at 252.13though. 251.4 is the first level of resistance above 250.51, and by rule, any test of resistance is a short signal. In this case, if resistance 251.4 is being tested, so a short signal would exist.

Swing Trading Plans for LH

• Buy LH slightly over 251.4, target 265.7, Stop Loss @ 250.67 Details

If 251.4 begins to break higher, the technical summary data tells us to buy LH just slightly over 251.4, with an upside target of 265.7. The data also tells us to set a stop loss @ 250.67 in case the stock turns against the trade. 251.4 is the first level of resistance above 250.51, and by rule, any break above resistance is a buy signal. In this case, 251.4, 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 LH slightly near 251.4, target 249.92, Stop Loss @ 252.13. Details

The technical summary data is suggesting a short of LH if it tests 251.4 with a downside target of 249.92. We should have a stop loss in place at 252.13 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, 251.4, 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 LH

• Buy LH slightly over 251.4, target 254.81, Stop Loss @ 250.81 Details

If 251.4 begins to break higher, the technical summary data tells us to buy LH just slightly over 251.4, with an upside target of 254.81. The data also tells us to set a stop loss @ 250.81 in case the stock turns against the trade. 251.4 is the first level of resistance above 250.51, and by rule, any break above resistance is a buy signal. In this case, 251.4, 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 LH slightly near 251.4, target 249.92, Stop Loss @ 251.99. Details

The technical summary data is suggesting a short of LH if it tests 251.4 with a downside target of 249.92. We should have a stop loss in place at 251.99 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, 251.4, 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  Laboratory Corporation Of America Holdings (LH) available here: LH.

LH Ratings for July 23:

Term →	Near	Mid	Long
Rating	Strong	Weak	Strong
P1	0	0	235.54
P2	248.66	240.57	251.4
P3	254.81	249.92	265.7

AI Generated Signals for LH

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