Learn to Evaluate (MTN) using the Charts
February 22, 2024, 03:14 am ET, BY Bill T.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for MTN
- Buy MTN slightly over 220.17 target 234.55 stop loss @ 219.53 Details
The technical summary data tells us to buy MTN near 220.17 with an upside target of 234.55. This data also tells us to set a stop loss @ 219.53 to protect against excessive loss in case the stock begins to move against the trade. 220.17 is the first level of support below 230.26 , and by rule, any test of support is a buy signal. In this case, support 220.17 is being tested, a buy signal would exist.
- Short MTN slightly under 234.55, target 220.17, stop loss @ 235.23 Details
The technical summary data is suggesting a short of MTN as it gets near 234.55 with a downside target of 220.17. We should have a stop loss in place at 235.23though. 234.55 is the first level of resistance above 230.26, and by rule, any test of resistance is a short signal. In this case, if resistance 234.55 is being tested, a short signal would exist.
Swing Trading Plans for MTN
- Buy MTN slightly over 230.88, target 234.55, Stop Loss @ 230.21 Details
If 230.88 begins to break higher, the technical summary data tells us to buy MTN just slightly over 230.88, with an upside target of 234.55. The data also tells us to set a stop loss @ 230.21 in case the stock turns against the trade. 230.88 is the first level of resistance above 230.26, and by rule, any break above resistance is a buy signal. In this case, 230.88, 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 MTN slightly near 230.88, target 226.33, Stop Loss @ 231.55. Details
The technical summary data is suggesting a short of MTN if it tests 230.88 with a downside target of 226.33. We should have a stop loss in place at 231.55 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, 230.88, 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 MTN
- Buy MTN slightly over 230.88, target 231.99, Stop Loss @ 230.34 Details
If 230.88 begins to break higher, the technical summary data tells us to buy MTN just slightly over 230.88, with an upside target of 231.99. The data also tells us to set a stop loss @ 230.34 in case the stock turns against the trade. 230.88 is the first level of resistance above 230.26, and by rule, any break above resistance is a buy signal. In this case, 230.88, 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 MTN slightly near 230.88, target 228.65, Stop Loss @ 231.42. Details
The technical summary data is suggesting a short of MTN if it tests 230.88 with a downside target of 228.65. We should have a stop loss in place at 231.42 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, 230.88, 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 Vail Resorts Inc. (MTN) available here: MTN.
MTN Ratings for February 22:
| Term → | Near |
Mid |
Long |
|---|
| Rating |
Strong |
Neutral |
Neutral |
| P1 |
0 |
0 |
205.28 |
| P2 |
228.65 |
226.33 |
220.17 |
| P3 |
231.99 |
230.88 |
234.55 |
AI Generated Signals for MTN
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 Vail Resorts Inc. (NYSE: MTN) report below can help you understand how to do this. The trading plans for MTN, 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 MTN:
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