When Stellantis Nv (STLA) Moves Investors should Listen

July 07, 2021, 20:45 pm ET, BY Simon M.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

How do we know what is going on #behindthescenes of a company?  According to Stock Traders Daily, a 20-year #financialindustry innovator, the best way to do this to to watch the price action in the stock. The  Stellantis Nv (NASDAQ: STLA) report below is a real world example. Included are trading plans for STLA, but this report is static. If you want an update, or a different stock, please get one here Unlimited Real Time Reports. 

Longer Term Trading Plans for STLA

• Buy STLA slightly over 18.72 target 20.25 stop loss @ 18.67 Details

The technical summary data tells us to buy STLA near 18.72 with an upside target of 20.25. This data also tells us to set a stop loss @ 18.67 to protect against excessive loss in case the stock begins to move against the trade. 18.72 is the first level of support below 19.61 , and by rule, any test of support is a buy signal. In this case, support 18.72 would be being tested, so a buy signal would exist.

• Short STLA under 20.25, target 18.72, stop loss @ 20.31 Details

The technical summary data is suggesting a short of STLA as it gets near 20.25 with a downside target of 18.72. We should have a stop loss in place at 20.31though. 20.25 is the first level of resistance above 19.61, and by rule, any test of resistance is a short signal. In this case, if resistance 20.25 is being tested, so a short signal would exist.

Swing Trading Plans for STLA

• Buy STLA slightly over 20.25, target 21.87, Stop Loss @ 20.19 Details

If 20.25 begins to break higher, the technical summary data tells us to buy STLA just slightly over 20.25, with an upside target of 21.87. The data also tells us to set a stop loss @ 20.19 in case the stock turns against the trade. 20.25 is the first level of resistance above 19.61, and by rule, any break above resistance is a buy signal. In this case, 20.25, 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 STLA near 20.25, target 19.52, Stop Loss @ 20.31. Details

The technical summary data is suggesting a short of STLA if it tests 20.25 with a downside target of 19.52. We should have a stop loss in place at 20.31 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, 20.25, 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 STLA

• Buy STLA slightly over 19.78, target 20.25, Stop Loss @ 19.73 Details

If 19.78 begins to break higher, the technical summary data tells us to buy STLA just slightly over 19.78, with an upside target of 20.25. The data also tells us to set a stop loss @ 19.73 in case the stock turns against the trade. 19.78 is the first level of resistance above 19.61, and by rule, any break above resistance is a buy signal. In this case, 19.78, 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 STLA near 19.78, target 19.52, Stop Loss @ 19.83. Details

The technical summary data is suggesting a short of STLA if it tests 19.78 with a downside target of 19.52. We should have a stop loss in place at 19.83 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, 19.78, 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.

STLA Ratings for July 07:

Term →	Near	Mid	Long
Rating	Weak	Weak	Strong
P1	0	0	18.72
P2	19.51	19.52	20.25
P3	19.78	20.10	21.87

Support and Resistance Plot Chart for STLA

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