Learn to Evaluate (RM) using the Charts
November 25, 2024, 11:32 am ET, BY Jolene W.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for RM
- Buy RM near 29 target 31.88 stop loss @ 28.92 Details
The technical summary data tells us to buy RM near 29 with an upside target of 31.88. This data also tells us to set a stop loss @ 28.92 to protect against excessive loss in case the stock begins to move against the trade. 29 is the first level of support below 31.195 , and by rule, any test of support is a buy signal. In this case, support 29 would be being tested, so a buy signal would exist.
- Short RM slightly under 31.88, target 29, stop loss @ 31.97 Details
The technical summary data is suggesting a short of RM as it gets near 31.88 with a downside target of 29. We should have a stop loss in place at 31.97though. 31.88 is the first level of resistance above 31.195, and by rule, any test of resistance is a short signal. In this case, if resistance 31.88 is being tested, so a short signal would exist.
Swing Trading Plans for RM
- Buy RM slightly over 31.88, target 34.96, Stop Loss @ 31.79 Details
If 31.88 begins to break higher, the technical summary data tells us to buy RM just slightly over 31.88, with an upside target of 34.96. The data also tells us to set a stop loss @ 31.79 in case the stock turns against the trade. 31.88 is the first level of resistance above 31.195, and by rule, any break above resistance is a buy signal. In this case, 31.88, 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 RM slightly near 31.88, target 29.79, Stop Loss @ 31.97. Details
The technical summary data is suggesting a short of RM if it tests 31.88 with a downside target of 29.79. We should have a stop loss in place at 31.97 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, 31.88, 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 RM
- Buy RM slightly over 31.88, target 34.96, Stop Loss @ 31.81 Details
If 31.88 begins to break higher, the technical summary data tells us to buy RM just slightly over 31.88, with an upside target of 34.96. The data also tells us to set a stop loss @ 31.81 in case the stock turns against the trade. 31.88 is the first level of resistance above 31.195, and by rule, any break above resistance is a buy signal. In this case, 31.88, 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 RM slightly near 31.88, target 30.11, Stop Loss @ 31.95. Details
The technical summary data is suggesting a short of RM if it tests 31.88 with a downside target of 30.11. We should have a stop loss in place at 31.95 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, 31.88, 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 Regional Management Corp. (RM) available here: RM.
RM Ratings for November 25:
| Term → | Near |
Mid |
Long |
|---|
| Rating |
Strong |
Neutral |
Strong |
| P1 |
0 |
0 |
29 |
| P2 |
29.44 |
28.85 |
31.88 |
| P3 |
30.11 |
29.79 |
34.96 |
AI Generated Signals for RM
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 Regional Management Corp. (NYSE: RM) report below can help you understand how to do this. The trading plans for RM, 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 RM:
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