Learn to Evaluate (AZPN) using the Charts

March 10, 2024, 19:04 pm ET, BY Jolene W.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for AZPN

• Buy AZPN slightly over 193.78 target 219.21 stop loss @ 193.22 Details

The technical summary data tells us to buy AZPN near 193.78 with an upside target of 219.21. This data also tells us to set a stop loss @ 193.22 to protect against excessive loss in case the stock begins to move against the trade. 193.78 is the first level of support below 206.04 , and by rule, any test of support is a buy signal. In this case, support 193.78 is being tested, a buy signal would exist.

• Short AZPN slightly under 219.21, target 193.78, stop loss @ 219.84 Details

The technical summary data is suggesting a short of AZPN as it gets near 219.21 with a downside target of 193.78. We should have a stop loss in place at 219.84though. 219.21 is the first level of resistance above 206.04, and by rule, any test of resistance is a short signal. In this case, if resistance 219.21 is being tested, a short signal would exist.

Swing Trading Plans for AZPN

• Buy AZPN slightly over 210.58, target 219.21, Stop Loss @ 209.97 Details

If 210.58 begins to break higher, the technical summary data tells us to buy AZPN just slightly over 210.58, with an upside target of 219.21. The data also tells us to set a stop loss @ 209.97 in case the stock turns against the trade. 210.58 is the first level of resistance above 206.04, and by rule, any break above resistance is a buy signal. In this case, 210.58, 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 AZPN slightly near 210.58, target 202.43, Stop Loss @ 211.19. Details

The technical summary data is suggesting a short of AZPN if it tests 210.58 with a downside target of 202.43. We should have a stop loss in place at 211.19 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, 210.58, 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 AZPN

• Buy AZPN slightly over 210.58, target 213.37, Stop Loss @ 210.09 Details

If 210.58 begins to break higher, the technical summary data tells us to buy AZPN just slightly over 210.58, with an upside target of 213.37. The data also tells us to set a stop loss @ 210.09 in case the stock turns against the trade. 210.58 is the first level of resistance above 206.04, and by rule, any break above resistance is a buy signal. In this case, 210.58, 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 AZPN slightly near 210.58, target 204.41, Stop Loss @ 211.07. Details

The technical summary data is suggesting a short of AZPN if it tests 210.58 with a downside target of 204.41. We should have a stop loss in place at 211.07 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, 210.58, 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  Aspen Technology Inc. (AZPN) available here: AZPN.

AZPN Ratings for March 10:

Term →	Near	Mid	Long
Rating	Strong	Strong	Neutral
P1	0	0	171.44
P2	204.41	202.43	193.78
P3	213.37	210.58	219.21

AI Generated Signals for AZPN

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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  Aspen Technology Inc. (NASDAQ: AZPN) report below can help you understand how to do this. The trading plans for AZPN, 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.