Trading (AC) With Integrated Risk Controls
December 12, 2024, 12:38 pm ET, BY Thomas H. Kee Jr- Editor, Stock Traders Daily| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for AC
- Buy AC near 34.25 target 37.62 stop loss @ 34.15 Details
The technical summary data tells us to buy AC near 34.25 with an upside target of 37.62. This data also tells us to set a stop loss @ 34.15 to protect against excessive loss in case the stock begins to move against the trade. 34.25 is the first level of support below 36.0775 , and by rule, any test of support is a buy signal. In this case, support 34.25 is being tested, a buy signal would exist.
- Short AC slightly under 37.62, target 34.25, stop loss @ 37.73 Details
The technical summary data is suggesting a short of AC as it gets near 37.62 with a downside target of 34.25. We should have a stop loss in place at 37.73though. 37.62 is the first level of resistance above 36.0775, and by rule, any test of resistance is a short signal. In this case, if resistance 37.62 is being tested, a short signal would exist.
Swing Trading Plans for AC
- Buy AC slightly over 36.49, target 37.62, Stop Loss @ 36.38 Details
If 36.49 begins to break higher, the technical summary data tells us to buy AC just slightly over 36.49, with an upside target of 37.62. The data also tells us to set a stop loss @ 36.38 in case the stock turns against the trade. 36.49 is the first level of resistance above 36.0775, and by rule, any break above resistance is a buy signal. In this case, 36.49, 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 AC slightly near 36.49, target 35.2, Stop Loss @ 36.6. Details
The technical summary data is suggesting a short of AC if it tests 36.49 with a downside target of 35.2. We should have a stop loss in place at 36.6 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, 36.49, 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 AC
- Buy AC slightly over 36.56, target 37.62, Stop Loss @ 36.47 Details
If 36.56 begins to break higher, the technical summary data tells us to buy AC just slightly over 36.56, with an upside target of 37.62. The data also tells us to set a stop loss @ 36.47 in case the stock turns against the trade. 36.56 is the first level of resistance above 36.0775, and by rule, any break above resistance is a buy signal. In this case, 36.56, 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 AC slightly near 36.56, target 35.69, Stop Loss @ 36.65. Details
The technical summary data is suggesting a short of AC if it tests 36.56 with a downside target of 35.69. We should have a stop loss in place at 36.65 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, 36.56, 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 Associated Capital Group Inc. (AC) available here: AC.
AC Ratings for December 12:
| Term → | Near |
Mid |
Long |
|---|
| Rating |
Strong |
Neutral |
Neutral |
| P1 |
0 |
0 |
31.22 |
| P2 |
35.69 |
35.2 |
34.25 |
| P3 |
36.56 |
36.49 |
37.62 |
AI Generated Signals for AC
Blue = Current Price
Red= Resistance
Green = Support
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Price matters most to #makingmoney in the #stockmarket. Celebrating 20 years, Stock Traders Daily provides the tools that help you develop investment strategies, and this is a good example. When we couple this with our market based analysis, the probabilities of going with the flow increases, and that is material over time. The Associated Capital Group Inc. (NYSE: AC) report below can help you, but we have more details too. The trading plans for AC, and the other 1000+ stocks we follow, are updated in real time for subscribers, but this report is static. If you want an update, or a different report, please get one here Unlimited Real Time Reports.
Fundamental Charts for AC:
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