When (LSTR) Moves Investors should Listen

January 05, 2024, 08:06 am ET, BY James G.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for LSTR

• Buy LSTR slightly over 172.39 target 185.59 stop loss @ 171.89 Details

The technical summary data tells us to buy LSTR near 172.39 with an upside target of 185.59. This data also tells us to set a stop loss @ 171.89 to protect against excessive loss in case the stock begins to move against the trade. 172.39 is the first level of support below 185.39 , and by rule, any test of support is a buy signal. In this case, support 172.39 would be being tested, so a buy signal would exist.

• Short LSTR slightly under 185.59, target 172.39, stop loss @ 186.13 Details

The technical summary data is suggesting a short of LSTR as it gets near 185.59 with a downside target of 172.39. We should have a stop loss in place at 186.13though. 185.59 is the first level of resistance above 185.39, and by rule, any test of resistance is a short signal. In this case, if resistance 185.59 is being tested, so a short signal would exist.

Swing Trading Plans for LSTR

• Buy LSTR slightly over 185.59, target 193.02, Stop Loss @ 185.05 Details

If 185.59 begins to break higher, the technical summary data tells us to buy LSTR just slightly over 185.59, with an upside target of 193.02. The data also tells us to set a stop loss @ 185.05 in case the stock turns against the trade. 185.59 is the first level of resistance above 185.39, and by rule, any break above resistance is a buy signal. In this case, 185.59, 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 185.59, target 184.68, Stop Loss @ 186.13. Details

The technical summary data is suggesting a short of LSTR if it tests 185.59 with a downside target of 184.68. We should have a stop loss in place at 186.13 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, 185.59, 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 185.59, target 193.02, Stop Loss @ 185.16 Details

If 185.59 begins to break higher, the technical summary data tells us to buy LSTR just slightly over 185.59, with an upside target of 193.02. The data also tells us to set a stop loss @ 185.16 in case the stock turns against the trade. 185.59 is the first level of resistance above 185.39, and by rule, any break above resistance is a buy signal. In this case, 185.59, 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 185.59, target 184.68, Stop Loss @ 186.02. Details

The technical summary data is suggesting a short of LSTR if it tests 185.59 with a downside target of 184.68. We should have a stop loss in place at 186.02 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, 185.59, 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 January 05:

Term →	Near	Mid	Long
Rating	Weak	Neutral	Neutral
P1	0	0	172.39
P2	181.88	184.68	185.59
P3	184.19	193.02	198.81

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

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  Landstar System Inc. (NASDAQ: LSTR) report below is a real world example. Included are trading plans for LSTR, but this report is static. If you want an update, or a different stock, please get one here Unlimited Real Time Reports.