Learn to Evaluate (ASPN) using the Charts
July 09, 2024, 19:26 pm ET, BY Thomas H. Kee Jr- Editor, Stock Traders Daily| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for ASPN
- Buy ASPN slightly over 20.75 target 25.36 stop loss @ 20.69 Details
The technical summary data tells us to buy ASPN near 20.75 with an upside target of 25.36. This data also tells us to set a stop loss @ 20.69 to protect against excessive loss in case the stock begins to move against the trade. 20.75 is the first level of support below 23.2 , and by rule, any test of support is a buy signal. In this case, support 20.75 would be being tested, so a buy signal would exist.
- Short ASPN slightly under 25.36, target 20.75, stop loss @ 25.43 Details
The technical summary data is suggesting a short of ASPN as it gets near 25.36 with a downside target of 20.75. We should have a stop loss in place at 25.43though. 25.36 is the first level of resistance above 23.2, and by rule, any test of resistance is a short signal. In this case, if resistance 25.36 is being tested, so a short signal would exist.
Swing Trading Plans for ASPN
- Buy ASPN slightly over 23.96, target 25.36, Stop Loss @ 23.89 Details
If 23.96 begins to break higher, the technical summary data tells us to buy ASPN just slightly over 23.96, with an upside target of 25.36. The data also tells us to set a stop loss @ 23.89 in case the stock turns against the trade. 23.96 is the first level of resistance above 23.2, and by rule, any break above resistance is a buy signal. In this case, 23.96, 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 ASPN slightly near 23.96, target 22.57, Stop Loss @ 24.03. Details
The technical summary data is suggesting a short of ASPN if it tests 23.96 with a downside target of 22.57. We should have a stop loss in place at 24.03 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, 23.96, 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 ASPN
- Buy ASPN slightly over 23.44, target 23.96, Stop Loss @ 23.39 Details
If 23.44 begins to break higher, the technical summary data tells us to buy ASPN just slightly over 23.44, with an upside target of 23.96. The data also tells us to set a stop loss @ 23.39 in case the stock turns against the trade. 23.44 is the first level of resistance above 23.2, and by rule, any break above resistance is a buy signal. In this case, 23.44, 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 ASPN slightly near 23.44, target 22.57, Stop Loss @ 23.49. Details
The technical summary data is suggesting a short of ASPN if it tests 23.44 with a downside target of 22.57. We should have a stop loss in place at 23.49 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, 23.44, 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 Aspen Aerogels Inc. (ASPN) available here: ASPN.
ASPN Ratings for July 09:
| Term → | Near |
Mid |
Long |
|---|
| Rating |
Neutral |
Weak |
Strong |
| P1 |
0 |
0 |
20.75 |
| P2 |
23.44 |
22.57 |
25.36 |
| P3 |
24.29 |
23.96 |
30.1 |
AI Generated Signals for ASPN
Blue = Current Price
Red= Resistance
Green = Support
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When #institutionalinvestors make decisions to buy and sell #stocks they normally want to keep it quiet. However, if we pay close attention we can see what is going on, and make good decisions.. The Aspen Aerogels Inc. (NASDAQ: ASPN) report below can help you understand how to do this. The trading plans for ASPN, are updated in real time for subscribers, but this report is static. If you want an update, or a different report on a different stock, please get one here Unlimited Real Time Reports.
Fundamental Charts for ASPN:
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