How To Trade Fidelity National Financial In FNF

November 09, 2021, 07:15 am ET, BY Tom S.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

This report provides trading strategies for Fidelity National Financial In (NYSE: FNF) while incorporating risk controls.

Warning:

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

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Instructions:

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

Longer Term Trading Plans for FNF

• Buy FNF slightly over 49.69 target 52.20 stop loss @ 49.55 Details

The technical summary data tells us to buy FNF near 49.69 with an upside target of 52.20. This data also tells us to set a stop loss @ 49.55 to protect against excessive loss in case the stock begins to move against the trade. 49.69 is the first level of support below 50.66 , and by rule, any test of support is a buy signal. In this case, support 49.69 is being tested, a buy signal would exist.

• Short FNF under 52.20, target 49.69, stop loss @ 52.35 Details

The technical summary data is suggesting a short of FNF as it gets near 52.20 with a downside target of 49.69. We should have a stop loss in place at 52.35though. 52.20 is the first level of resistance above 50.66, and by rule, any test of resistance is a short signal. In this case, if resistance 52.20 is being tested, a short signal would exist.

Swing Trading Plans for FNF

• Buy FNF slightly over 52.20, target n/a, Stop Loss @ 52.05 Details

If 52.20 begins to break higher, the technical summary data tells us to buy FNF just slightly over 52.20, with an upside target of n/a. The data also tells us to set a stop loss @ 52.05 in case the stock turns against the trade. 52.20 is the first level of resistance above 50.66, and by rule, any break above resistance is a buy signal. In this case, 52.20, 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 FNF near 52.20, target 49.87, Stop Loss @ 52.35. Details

The technical summary data is suggesting a short of FNF if it tests 52.20 with a downside target of 49.87. We should have a stop loss in place at 52.35 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, 52.20, 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 FNF

• Buy FNF slightly over 50.80, target 52.20, Stop Loss @ 50.68 Details

If 50.80 begins to break higher, the technical summary data tells us to buy FNF just slightly over 50.80, with an upside target of 52.20. The data also tells us to set a stop loss @ 50.68 in case the stock turns against the trade. 50.80 is the first level of resistance above 50.66, and by rule, any break above resistance is a buy signal. In this case, 50.80, 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 FNF near 50.80, target 49.87, Stop Loss @ 50.92. Details

The technical summary data is suggesting a short of FNF if it tests 50.80 with a downside target of 49.87. We should have a stop loss in place at 50.92 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, 50.80, 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.

FNF Ratings for November 09:

Term →	Near	Mid	Long
Rating	Strong	Strong	Strong
P1	0	0	46.90
P2	49.38	47.69	49.69
P3	50.80	49.87	52.20

Support and Resistance Plot Chart for FNF

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