(SNA) Technical Pivots with Risk Controls

Longer Term Trading Plans for SNA

• Buy SNA near 325.4 target 353 stop loss @ 324.46 Details

The technical summary data tells us to buy SNA near 325.4 with an upside target of 353. This data also tells us to set a stop loss @ 324.46 to protect against excessive loss in case the stock begins to move against the trade. 325.4 is the first level of support below 329.31 , and by rule, any test of support is a buy signal. In this case, support 325.4 would be being tested, so a buy signal would exist.

• Short SNA slightly under 353, target 325.4, stop loss @ 354.02 Details

The technical summary data is suggesting a short of SNA as it gets near 353 with a downside target of 325.4. We should have a stop loss in place at 354.02though. 353 is the first level of resistance above 329.31, and by rule, any test of resistance is a short signal. In this case, if resistance 353 is being tested, so a short signal would exist.

Swing Trading Plans for SNA

• Buy SNA slightly over 331.5, target 339.63, Stop Loss @ 330.54 Details

If 331.5 begins to break higher, the technical summary data tells us to buy SNA just slightly over 331.5, with an upside target of 339.63. The data also tells us to set a stop loss @ 330.54 in case the stock turns against the trade. 331.5 is the first level of resistance above 329.31, and by rule, any break above resistance is a buy signal. In this case, 331.5, 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 SNA slightly near 331.5, target 325.4, Stop Loss @ 332.46. Details

The technical summary data is suggesting a short of SNA if it tests 331.5 with a downside target of 325.4. We should have a stop loss in place at 332.46 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, 331.5, 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 SNA

• Buy SNA slightly over 329.69, target 331.5, Stop Loss @ 328.92 Details

If 329.69 begins to break higher, the technical summary data tells us to buy SNA just slightly over 329.69, with an upside target of 331.5. The data also tells us to set a stop loss @ 328.92 in case the stock turns against the trade. 329.69 is the first level of resistance above 329.31, and by rule, any break above resistance is a buy signal. In this case, 329.69, 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 SNA slightly near 329.69, target 325.4, Stop Loss @ 330.46. Details

The technical summary data is suggesting a short of SNA if it tests 329.69 with a downside target of 325.4. We should have a stop loss in place at 330.46 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, 329.69, 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 Snap-on Incorporated (SNA) available here: SNA.

SNA Ratings for March 29:

Term →	Near	Mid	Long
Rating	Strong	Neutral	Strong
P1	0	0	325.4
P2	329.69	331.5	353
P3	335.09	339.63	380.85

AI Generated Signals for SNA

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