Learn to Evaluate (ADUS) using the Charts
February 28, 2024, 19:44 pm ET, BY Jolene W.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for ADUS
- Buy ADUS slightly over 86.19 target 95.23 stop loss @ 85.94 Details
The technical summary data tells us to buy ADUS near 86.19 with an upside target of 95.23. This data also tells us to set a stop loss @ 85.94 to protect against excessive loss in case the stock begins to move against the trade. 86.19 is the first level of support below 91.85 , and by rule, any test of support is a buy signal. In this case, support 86.19 is being tested, a buy signal would exist.
- Short ADUS slightly under 95.23, target 86.19, stop loss @ 95.51 Details
The technical summary data is suggesting a short of ADUS as it gets near 95.23 with a downside target of 86.19. We should have a stop loss in place at 95.51though. 95.23 is the first level of resistance above 91.85, and by rule, any test of resistance is a short signal. In this case, if resistance 95.23 is being tested, a short signal would exist.
Swing Trading Plans for ADUS
- Buy ADUS slightly over 92.32, target 95.23, Stop Loss @ 92.05 Details
If 92.32 begins to break higher, the technical summary data tells us to buy ADUS just slightly over 92.32, with an upside target of 95.23. The data also tells us to set a stop loss @ 92.05 in case the stock turns against the trade. 92.32 is the first level of resistance above 91.85, and by rule, any break above resistance is a buy signal. In this case, 92.32, 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 ADUS slightly near 92.32, target 87.45, Stop Loss @ 92.59. Details
The technical summary data is suggesting a short of ADUS if it tests 92.32 with a downside target of 87.45. We should have a stop loss in place at 92.59 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, 92.32, 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 ADUS
- Buy ADUS slightly over 92.32, target 93.48, Stop Loss @ 92.1 Details
If 92.32 begins to break higher, the technical summary data tells us to buy ADUS just slightly over 92.32, with an upside target of 93.48. The data also tells us to set a stop loss @ 92.1 in case the stock turns against the trade. 92.32 is the first level of resistance above 91.85, and by rule, any break above resistance is a buy signal. In this case, 92.32, 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 ADUS slightly near 92.32, target 90.1, Stop Loss @ 92.54. Details
The technical summary data is suggesting a short of ADUS if it tests 92.32 with a downside target of 90.1. We should have a stop loss in place at 92.54 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, 92.32, 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 Addus Homecare Corporation (ADUS) available here: ADUS.
ADUS Ratings for February 28:
| Term → | Near |
Mid |
Long |
|---|
| Rating |
Strong |
Neutral |
Weak |
| P1 |
0 |
0 |
77.71 |
| P2 |
90.1 |
87.45 |
86.19 |
| P3 |
93.48 |
92.32 |
95.23 |
AI Generated Signals for ADUS
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 Addus Homecare Corporation (NASDAQ: ADUS) report below can help you understand how to do this. The trading plans for ADUS, 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 ADUS:
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