When (ESGR) Moves Investors should Listen

April 30, 2024, 23:34 pm ET, BY Bill T.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for ESGR

• Buy ESGR slightly over 274.48 target 293.15 stop loss @ 273.69 Details

The technical summary data tells us to buy ESGR near 274.48 with an upside target of 293.15. This data also tells us to set a stop loss @ 273.69 to protect against excessive loss in case the stock begins to move against the trade. 274.48 is the first level of support below 290.37 , and by rule, any test of support is a buy signal. In this case, support 274.48 would be being tested, so a buy signal would exist.

• Short ESGR slightly under 293.15, target 274.48, stop loss @ 294 Details

The technical summary data is suggesting a short of ESGR as it gets near 293.15 with a downside target of 274.48. We should have a stop loss in place at 294though. 293.15 is the first level of resistance above 290.37, and by rule, any test of resistance is a short signal. In this case, if resistance 293.15 is being tested, so a short signal would exist.

Swing Trading Plans for ESGR

• Buy ESGR slightly over 293.15, target 296.14, Stop Loss @ 292.3 Details

If 293.15 begins to break higher, the technical summary data tells us to buy ESGR just slightly over 293.15, with an upside target of 296.14. The data also tells us to set a stop loss @ 292.3 in case the stock turns against the trade. 293.15 is the first level of resistance above 290.37, and by rule, any break above resistance is a buy signal. In this case, 293.15, 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 ESGR slightly near 293.15, target 289.65, Stop Loss @ 294. Details

The technical summary data is suggesting a short of ESGR if it tests 293.15 with a downside target of 289.65. We should have a stop loss in place at 294 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, 293.15, 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 ESGR

• Buy ESGR slightly over 293.15, target 293.39, Stop Loss @ 292.47 Details

If 293.15 begins to break higher, the technical summary data tells us to buy ESGR just slightly over 293.15, with an upside target of 293.39. The data also tells us to set a stop loss @ 292.47 in case the stock turns against the trade. 293.15 is the first level of resistance above 290.37, and by rule, any break above resistance is a buy signal. In this case, 293.15, 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 ESGR slightly near 293.15, target 290.35, Stop Loss @ 293.83. Details

The technical summary data is suggesting a short of ESGR if it tests 293.15 with a downside target of 290.35. We should have a stop loss in place at 293.83 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, 293.15, 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  Enstar Group Limited (ESGR) available here: ESGR.

ESGR Ratings for April 30:

Term →	Near	Mid	Long
Rating	Neutral	Neutral	Strong
P1	0	0	274.48
P2	290.35	289.65	293.15
P3	293.39	296.14	313.4

AI Generated Signals for ESGR

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