Learn to Evaluate (XPO) using the Charts
May 15, 2024, 06:40 am ET, BY James G.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for XPO
- Buy XPO slightly over 109.09 target 122.25 stop loss @ 108.77 Details
The technical summary data tells us to buy XPO near 109.09 with an upside target of 122.25. This data also tells us to set a stop loss @ 108.77 to protect against excessive loss in case the stock begins to move against the trade. 109.09 is the first level of support below 112.24 , and by rule, any test of support is a buy signal. In this case, support 109.09 would be being tested, so a buy signal would exist.
- Short XPO slightly under 122.25, target 109.09, stop loss @ 122.6 Details
The technical summary data is suggesting a short of XPO as it gets near 122.25 with a downside target of 109.09. We should have a stop loss in place at 122.6though. 122.25 is the first level of resistance above 112.24, and by rule, any test of resistance is a short signal. In this case, if resistance 122.25 is being tested, so a short signal would exist.
Swing Trading Plans for XPO
- Buy XPO slightly over 115.53, target 122.25, Stop Loss @ 115.2 Details
If 115.53 begins to break higher, the technical summary data tells us to buy XPO just slightly over 115.53, with an upside target of 122.25. The data also tells us to set a stop loss @ 115.2 in case the stock turns against the trade. 115.53 is the first level of resistance above 112.24, and by rule, any break above resistance is a buy signal. In this case, 115.53, 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 XPO slightly near 115.53, target 110.19, Stop Loss @ 115.86. Details
The technical summary data is suggesting a short of XPO if it tests 115.53 with a downside target of 110.19. We should have a stop loss in place at 115.86 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, 115.53, 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 XPO
- Buy XPO slightly over 115.53, target 122.25, Stop Loss @ 115.26 Details
If 115.53 begins to break higher, the technical summary data tells us to buy XPO just slightly over 115.53, with an upside target of 122.25. The data also tells us to set a stop loss @ 115.26 in case the stock turns against the trade. 115.53 is the first level of resistance above 112.24, and by rule, any break above resistance is a buy signal. In this case, 115.53, 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 XPO slightly near 115.53, target 111.97, Stop Loss @ 115.8. Details
The technical summary data is suggesting a short of XPO if it tests 115.53 with a downside target of 111.97. We should have a stop loss in place at 115.8 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, 115.53, 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 Xpo Inc. (XPO) available here: XPO.
XPO Ratings for May 15:
| Term → | Near |
Mid |
Long |
|---|
| Rating |
Neutral |
Neutral |
Strong |
| P1 |
0 |
0 |
109.09 |
| P2 |
109.16 |
110.19 |
122.25 |
| P3 |
111.97 |
115.53 |
135.74 |
AI Generated Signals for XPO
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 Xpo Inc. (NYSE: XPO) report below can help you understand how to do this. The trading plans for XPO, 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 XPO:
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