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Moody's MCO Proactive Strategies

Don't over think it!  Trading Moody's (NYSE: MCO) or any other stock can be rewarding if the simple rules of technical analysis are observed before making any decisions.  This should be an integral part of the investment process.

Warning:

This is a static report, the data below was valid at the time of the publication, but support and resistance levels for MCO 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 MCO 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 MCO too.  All of these are offered below the Summary Table.

Longer Term Trading Plans for MCO
  • Buy MCO slightly over 360.96 target 385.42 stop loss @ 359.92 Details
  • The technical summary data tells us to buy MCO near 360.96 with an upside target of 385.42. This data also tells us to set a stop loss @ 359.92 to protect against excessive loss in case the stock begins to move against the trade. 360.96 is the first level of support below 375.37 , and by rule, any test of support is a buy signal. In this case, support 360.96 is being tested, a buy signal would exist.

  • Short MCO under 385.42, target 360.96, stop loss @ 386.53 Details
  • The technical summary data is suggesting a short of MCO as it gets near 385.42 with a downside target of 360.96. We should have a stop loss in place at 386.53though. 385.42 is the first level of resistance above 375.37, and by rule, any test of resistance is a short signal. In this case, if resistance 385.42 is being tested, a short signal would exist.

Swing Trading Plans for MCO
  • Buy MCO slightly over 378.98, target 385.42, Stop Loss @ 377.89 Details
  • If 378.98 begins to break higher, the technical summary data tells us to buy MCO just slightly over 378.98, with an upside target of 385.42. The data also tells us to set a stop loss @ 377.89 in case the stock turns against the trade. 378.98 is the first level of resistance above 375.37, and by rule, any break above resistance is a buy signal. In this case, 378.98, 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 MCO near 378.98, target 373.58, Stop Loss @ 380.07. Details
  • The technical summary data is suggesting a short of MCO if it tests 378.98 with a downside target of 373.58. We should have a stop loss in place at 380.07 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, 378.98, 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 MCO
  • Buy MCO slightly over 378.98, target 379.23, Stop Loss @ 378.1 Details
  • If 378.98 begins to break higher, the technical summary data tells us to buy MCO just slightly over 378.98, with an upside target of 379.23. The data also tells us to set a stop loss @ 378.1 in case the stock turns against the trade. 378.98 is the first level of resistance above 375.37, and by rule, any break above resistance is a buy signal. In this case, 378.98, 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 MCO near 378.98, target 375.01, Stop Loss @ 379.86. Details
  • The technical summary data is suggesting a short of MCO if it tests 378.98 with a downside target of 375.01. We should have a stop loss in place at 379.86 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, 378.98, 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.

MCO Ratings for August 27:

Term →Near Mid Long
Rating Neutral Neutral Strong
P1 0 0 337.23
P2 375.01 373.58 360.96
P3 379.23 378.98 385.42
Triggers may have already come
Support and Resistance Plot Chart for MCO

MCO Long Term Analysis for August 27 2021

Blue = Current Price
Red= Resistance
Green = Support

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