Learn to Evaluate (CDW) using the Charts

April 10, 2024, 09:46 am ET, BY Jolene W.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for CDW

• Buy CDW slightly over 249.51 target 260.47 stop loss @ 248.79 Details

The technical summary data tells us to buy CDW near 249.51 with an upside target of 260.47. This data also tells us to set a stop loss @ 248.79 to protect against excessive loss in case the stock begins to move against the trade. 249.51 is the first level of support below 249.515 , and by rule, any test of support is a buy signal. In this case, support 249.51 is being tested, a buy signal would exist.

• Short CDW slightly under 260.47, target 249.51, stop loss @ 261.22 Details

The technical summary data is suggesting a short of CDW as it gets near 260.47 with a downside target of 249.51. We should have a stop loss in place at 261.22though. 260.47 is the first level of resistance above 249.515, and by rule, any test of resistance is a short signal. In this case, if resistance 260.47 is being tested, a short signal would exist.

Swing Trading Plans for CDW

• Buy CDW slightly over 252.12, target 257.39, Stop Loss @ 251.39 Details

If 252.12 begins to break higher, the technical summary data tells us to buy CDW just slightly over 252.12, with an upside target of 257.39. The data also tells us to set a stop loss @ 251.39 in case the stock turns against the trade. 252.12 is the first level of resistance above 249.515, and by rule, any break above resistance is a buy signal. In this case, 252.12, 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 CDW slightly near 252.12, target 249.51, Stop Loss @ 252.85. Details

The technical summary data is suggesting a short of CDW if it tests 252.12 with a downside target of 249.51. We should have a stop loss in place at 252.85 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, 252.12, 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 CDW

• Buy CDW slightly over 251.68, target 252.12, Stop Loss @ 251.09 Details

If 251.68 begins to break higher, the technical summary data tells us to buy CDW just slightly over 251.68, with an upside target of 252.12. The data also tells us to set a stop loss @ 251.09 in case the stock turns against the trade. 251.68 is the first level of resistance above 249.515, and by rule, any break above resistance is a buy signal. In this case, 251.68, 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 CDW slightly near 251.68, target 249.51, Stop Loss @ 252.27. Details

The technical summary data is suggesting a short of CDW if it tests 251.68 with a downside target of 249.51. We should have a stop loss in place at 252.27 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, 251.68, 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  Cdw Corporation (CDW) available here: CDW.

CDW Ratings for April 10:

Term →	Near	Mid	Long
Rating	Neutral	Neutral	Strong
P1	0	0	238.61
P2	251.68	252.12	249.51
P3	256.12	257.39	260.47

AI Generated Signals for CDW

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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  Cdw Corporation (NYSE: CDW) report below can help you understand how to do this. The trading plans for CDW, 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.