Learn to Evaluate (LSTR) using the Charts

December 22, 2024, 14:34 pm ET, BY James G.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for LSTR

• Buy LSTR near 171.37 target 181.66 stop loss @ 170.88 Details

The technical summary data tells us to buy LSTR near 171.37 with an upside target of 181.66. This data also tells us to set a stop loss @ 170.88 to protect against excessive loss in case the stock begins to move against the trade. 171.37 is the first level of support below 172.64 , and by rule, any test of support is a buy signal. In this case, support 171.37 would be being tested, so a buy signal would exist.

• Short LSTR slightly under 181.66, target 171.37, stop loss @ 182.18 Details

The technical summary data is suggesting a short of LSTR as it gets near 181.66 with a downside target of 171.37. We should have a stop loss in place at 182.18though. 181.66 is the first level of resistance above 172.64, and by rule, any test of resistance is a short signal. In this case, if resistance 181.66 is being tested, so a short signal would exist.

Swing Trading Plans for LSTR

• Buy LSTR slightly over 173.14, target 181.16, Stop Loss @ 172.64 Details

If 173.14 begins to break higher, the technical summary data tells us to buy LSTR just slightly over 173.14, with an upside target of 181.16. The data also tells us to set a stop loss @ 172.64 in case the stock turns against the trade. 173.14 is the first level of resistance above 172.64, and by rule, any break above resistance is a buy signal. In this case, 173.14, 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 LSTR slightly near 173.14, target 171.37, Stop Loss @ 173.64. Details

The technical summary data is suggesting a short of LSTR if it tests 173.14 with a downside target of 171.37. We should have a stop loss in place at 173.64 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, 173.14, 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 LSTR

• Buy LSTR slightly over 173.14, target 173.44, Stop Loss @ 172.74 Details

If 173.14 begins to break higher, the technical summary data tells us to buy LSTR just slightly over 173.14, with an upside target of 173.44. The data also tells us to set a stop loss @ 172.74 in case the stock turns against the trade. 173.14 is the first level of resistance above 172.64, and by rule, any break above resistance is a buy signal. In this case, 173.14, 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 LSTR slightly near 173.14, target 171.37, Stop Loss @ 173.54. Details

The technical summary data is suggesting a short of LSTR if it tests 173.14 with a downside target of 171.37. We should have a stop loss in place at 173.54 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, 173.14, 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  Landstar System Inc. (LSTR) available here: LSTR.

LSTR Ratings for December 22:

Term →	Near	Mid	Long
Rating	Weak	Weak	Neutral
P1	0	0	171.37
P2	170.39	173.14	181.66
P3	173.44	181.16	191.75

AI Generated Signals for LSTR

Real Time Updates for Repeat Institutional Readers:

• Factset: Request User/Pass
• Bloomberg, Reuters, Refinitiv, Zacks, or IB users: Access Here.

Instructions:

• Click the Get Real Time Updates button below.

• In the login prompt, select forgot username

• Type the email you use for Factset

• Use the user/pass you receive to login

• You will have 24/7 access to real time updates.

From then on you can just click to get the real time update whenever you want.

GET REAL TIME UPDATES

Market Crash Leading Indicator

Our Market Crash Leading Indicator isEvitar Corte.

• Evitar Corte warned of market crash risk four times since 2000.

• It identified the Internet Debacle before it happened.

• It identified the Credit Crisis before it happened.

• It identified the Corona Crash too.

• See what Evitar Corte is Saying Now.

Get Notified When our Ratings Change:Take a Trial

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  Landstar System Inc. (NASDAQ: LSTR) report below can help you understand how to do this. The trading plans for LSTR, 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.