Learn to Evaluate (QTTB) using the Charts
October 28, 2024, 00:14 am ET, BY Thomas H. Kee Jr- Editor, Stock Traders Daily| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for QTTB
- Buy QTTB near 42.52 target 52.56 stop loss @ 42.4 Details
The technical summary data tells us to buy QTTB near 42.52 with an upside target of 52.56. This data also tells us to set a stop loss @ 42.4 to protect against excessive loss in case the stock begins to move against the trade. 42.52 is the first level of support below 50.59 , and by rule, any test of support is a buy signal. In this case, support 42.52 is being tested, a buy signal would exist.
- Short QTTB slightly under 52.56, target 42.52, stop loss @ 52.71 Details
The technical summary data is suggesting a short of QTTB as it gets near 52.56 with a downside target of 42.52. We should have a stop loss in place at 52.71though. 52.56 is the first level of resistance above 50.59, and by rule, any test of resistance is a short signal. In this case, if resistance 52.56 is being tested, a short signal would exist.
Swing Trading Plans for QTTB
- Buy QTTB slightly over 50.8, target 52.56, Stop Loss @ 50.65 Details
If 50.8 begins to break higher, the technical summary data tells us to buy QTTB just slightly over 50.8, with an upside target of 52.56. The data also tells us to set a stop loss @ 50.65 in case the stock turns against the trade. 50.8 is the first level of resistance above 50.59, and by rule, any break above resistance is a buy signal. In this case, 50.8, 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 QTTB slightly near 50.8, target 47.2, Stop Loss @ 50.95. Details
The technical summary data is suggesting a short of QTTB if it tests 50.8 with a downside target of 47.2. We should have a stop loss in place at 50.95 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, 50.8, 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 QTTB
- Buy QTTB slightly over 50.8, target 51.27, Stop Loss @ 50.68 Details
If 50.8 begins to break higher, the technical summary data tells us to buy QTTB just slightly over 50.8, with an upside target of 51.27. The data also tells us to set a stop loss @ 50.68 in case the stock turns against the trade. 50.8 is the first level of resistance above 50.59, and by rule, any break above resistance is a buy signal. In this case, 50.8, 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 QTTB slightly near 50.8, target 47.9, Stop Loss @ 50.92. Details
The technical summary data is suggesting a short of QTTB if it tests 50.8 with a downside target of 47.9. 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, 50.8, 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 Homology Medicines Inc. (QTTB) available here: QTTB.
QTTB Ratings for October 28:
| Term → | Near |
Mid |
Long |
|---|
| Rating |
Strong |
Strong |
Strong |
| P1 |
0 |
0 |
33.33 |
| P2 |
47.9 |
47.2 |
42.52 |
| P3 |
51.27 |
50.8 |
52.56 |
AI Generated Signals for QTTB
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 Homology Medicines Inc. (NASDAQ: QTTB) report below can help you understand how to do this. The trading plans for QTTB, 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 QTTB:
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