pool adsLITTELFUSE $LFUS Technical Update
The LITTELFUSE (NASDAQ: LFUS) 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 LFUS, 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 | Weak | Neutral | Neutral |
| P1 | 217.36 | 209.59 | 208.24 |
| P2 | 220.61 | 225.01 | 226.10 |
| P3 | 225.71 | 239.37 | 243.85 |
Support and Resistance Plot Chart for LFUS
Long Term Trading Plans for LFUS
August 15, 2018, 4:00 pm ET
The Technical Summary and Trading Plans for LFUS 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 LFUS Report.
LFUS - (Long) Support Plan
Buy over 208.24 target 226.10 stop loss @ 207.98.
The technical summary data tells us to buy LFUS near 208.24 with an upside target of 226.10. This data also tells us to set a stop loss @ 207.98 to protect against excessive loss in case the stock begins to move against the trade. 208.24 is the first level of support below 218.39 , and by rule, any test of support is a buy signal. In this case, support 208.24 would be being tested, so a buy signal would exist.
LFUS - (Short) Resistance Plan
Short under 226.10 target 208.24 stop loss @ 226.36.
The technical summary data is suggesting a short of LFUS as it gets near 226.10 with a downside target of 208.24. We should have a stop loss in place at 226.36 though. 226.10 is the first level of resistance above 218.39, and by rule, any test of resistance is a short signal. In this case, if resistance 226.10 is being tested, so a short signal would exist.
