Learn to Evaluate Littelfuse (LFUS) using the Charts

September 21, 2021, 04:45 am ET, BY Jolene W.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

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  Littelfuse (NASDAQ: LFUS) report below can help you understand how to do this. The trading plans for LFUS, 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.

Longer Term Trading Plans for LFUS

• Buy LFUS slightly over 255.43 target 281.57 stop loss @ 254.69 Details

The technical summary data tells us to buy LFUS near 255.43 with an upside target of 281.57. This data also tells us to set a stop loss @ 254.69 to protect against excessive loss in case the stock begins to move against the trade. 255.43 is the first level of support below 268.04 , and by rule, any test of support is a buy signal. In this case, support 255.43 would be being tested, so a buy signal would exist.

• Short LFUS under 281.57, target 255.43, stop loss @ 282.38 Details

The technical summary data is suggesting a short of LFUS as it gets near 281.57 with a downside target of 255.43. We should have a stop loss in place at 282.38though. 281.57 is the first level of resistance above 268.04, and by rule, any test of resistance is a short signal. In this case, if resistance 281.57 is being tested, so a short signal would exist.

Swing Trading Plans for LFUS

• Buy LFUS slightly over 269.31, target 281.57, Stop Loss @ 268.53 Details

If 269.31 begins to break higher, the technical summary data tells us to buy LFUS just slightly over 269.31, with an upside target of 281.57. The data also tells us to set a stop loss @ 268.53 in case the stock turns against the trade. 269.31 is the first level of resistance above 268.04, and by rule, any break above resistance is a buy signal. In this case, 269.31, 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 LFUS near 269.31, target 259.79, Stop Loss @ 270.09. Details

The technical summary data is suggesting a short of LFUS if it tests 269.31 with a downside target of 259.79. We should have a stop loss in place at 270.09 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, 269.31, 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 LFUS

• Buy LFUS slightly over 269.31, target 273.64, Stop Loss @ 268.68 Details

If 269.31 begins to break higher, the technical summary data tells us to buy LFUS just slightly over 269.31, with an upside target of 273.64. The data also tells us to set a stop loss @ 268.68 in case the stock turns against the trade. 269.31 is the first level of resistance above 268.04, and by rule, any break above resistance is a buy signal. In this case, 269.31, 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 LFUS near 269.31, target 264.64, Stop Loss @ 269.94. Details

The technical summary data is suggesting a short of LFUS if it tests 269.31 with a downside target of 264.64. We should have a stop loss in place at 269.94 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, 269.31, 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.

LFUS Ratings for September 21:

Term →	Near	Mid	Long
Rating	Strong	Weak	Strong
P1	0	0	255.43
P2	264.64	259.79	281.57
P3	273.64	269.31	310.20

Support and Resistance Plot Chart for LFUS

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