How the (ALG) price action is used to our Advantage
March 18, 2025, 21:54 pm ET, BY Bill T.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for ALG
- Buy ALG near 180.08 target 195.95 stop loss @ 179.56 Details
The technical summary data tells us to buy ALG near 180.08 with an upside target of 195.95. This data also tells us to set a stop loss @ 179.56 to protect against excessive loss in case the stock begins to move against the trade. 180.08 is the first level of support below 189.03 , and by rule, any test of support is a buy signal. In this case, support 180.08 is being tested, a buy signal would exist.
- Short ALG slightly under 195.95, target 180.08, stop loss @ 196.52 Details
The technical summary data is suggesting a short of ALG as it gets near 195.95 with a downside target of 180.08. We should have a stop loss in place at 196.52though. 195.95 is the first level of resistance above 189.03, and by rule, any test of resistance is a short signal. In this case, if resistance 195.95 is being tested, a short signal would exist.
Swing Trading Plans for ALG
- Buy ALG slightly over 192.76, target 195.95, Stop Loss @ 192.2 Details
If 192.76 begins to break higher, the technical summary data tells us to buy ALG just slightly over 192.76, with an upside target of 195.95. The data also tells us to set a stop loss @ 192.2 in case the stock turns against the trade. 192.76 is the first level of resistance above 189.03, and by rule, any break above resistance is a buy signal. In this case, 192.76, 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 ALG slightly near 192.76, target 187.09, Stop Loss @ 193.32. Details
The technical summary data is suggesting a short of ALG if it tests 192.76 with a downside target of 187.09. We should have a stop loss in place at 193.32 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, 192.76, 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 ALG
- Buy ALG slightly over 191.82, target 192.76, Stop Loss @ 191.37 Details
If 191.82 begins to break higher, the technical summary data tells us to buy ALG just slightly over 191.82, with an upside target of 192.76. The data also tells us to set a stop loss @ 191.37 in case the stock turns against the trade. 191.82 is the first level of resistance above 189.03, and by rule, any break above resistance is a buy signal. In this case, 191.82, 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 ALG slightly near 191.82, target 188.8, Stop Loss @ 192.27. Details
The technical summary data is suggesting a short of ALG if it tests 191.82 with a downside target of 188.8. We should have a stop loss in place at 192.27 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, 191.82, 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 Alamo Group Inc. (ALG) available here: ALG.
ALG Ratings for March 18:
| Term → | Near |
Mid |
Long |
|---|
| Rating |
Strong |
Neutral |
Neutral |
| P1 |
0 |
0 |
164.26 |
| P2 |
188.8 |
187.09 |
180.08 |
| P3 |
191.82 |
192.76 |
195.95 |
AI Generated Signals for ALG
Blue = Current Price
Red= Resistance
Green = Support
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Our job as #investors is to pay attention to the #stocks we own. Part of that involves looking at the #fundamentals, but half of the disclosure comes from looking at price action. The Alamo Group Inc. (NYSE: ALG) data table below can help you with price action, and we have more details too. Trading plans for ALG are shown here too; these plans are updated in real time for subscribers, where this report is static. If you want an update, or a report on a different stock, please get one here Unlimited Real Time Reports.
Fundamental Charts for ALG:
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