How the (APOG) price action is used to our Advantage
June 08, 2024, 15:56 pm ET, BY Jake B.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for APOG
- Buy APOG slightly over 61.58 target 66.63 stop loss @ 61.4 Details
The technical summary data tells us to buy APOG near 61.58 with an upside target of 66.63. This data also tells us to set a stop loss @ 61.4 to protect against excessive loss in case the stock begins to move against the trade. 61.58 is the first level of support below 61.59 , and by rule, any test of support is a buy signal. In this case, support 61.58 is being tested, a buy signal would exist.
- Short APOG slightly under 66.63, target 61.58, stop loss @ 66.82 Details
The technical summary data is suggesting a short of APOG as it gets near 66.63 with a downside target of 61.58. We should have a stop loss in place at 66.82though. 66.63 is the first level of resistance above 61.59, and by rule, any test of resistance is a short signal. In this case, if resistance 66.63 is being tested, a short signal would exist.
Swing Trading Plans for APOG
- Buy APOG slightly over 62.48, target 66.63, Stop Loss @ 62.3 Details
If 62.48 begins to break higher, the technical summary data tells us to buy APOG just slightly over 62.48, with an upside target of 66.63. The data also tells us to set a stop loss @ 62.3 in case the stock turns against the trade. 62.48 is the first level of resistance above 61.59, and by rule, any break above resistance is a buy signal. In this case, 62.48, 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 APOG slightly near 62.48, target 61.58, Stop Loss @ 62.66. Details
The technical summary data is suggesting a short of APOG if it tests 62.48 with a downside target of 61.58. We should have a stop loss in place at 62.66 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, 62.48, 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 APOG
- Buy APOG slightly over 61.86, target 62.48, Stop Loss @ 61.72 Details
If 61.86 begins to break higher, the technical summary data tells us to buy APOG just slightly over 61.86, with an upside target of 62.48. The data also tells us to set a stop loss @ 61.72 in case the stock turns against the trade. 61.86 is the first level of resistance above 61.59, and by rule, any break above resistance is a buy signal. In this case, 61.86, 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 APOG slightly near 61.86, target 61.58, Stop Loss @ 62. Details
The technical summary data is suggesting a short of APOG if it tests 61.86 with a downside target of 61.58. We should have a stop loss in place at 62 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, 61.86, 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 Apogee Enterprises Inc. (APOG) available here: APOG.
APOG Ratings for June 08:
| Term → | Near |
Mid |
Long |
|---|
| Rating |
Weak |
Weak |
Strong |
| P1 |
0 |
0 |
56.55 |
| P2 |
60.73 |
60.67 |
61.58 |
| P3 |
61.86 |
62.48 |
66.63 |
AI Generated Signals for APOG
Blue = Current Price
Red= Resistance
Green = Support
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Our job as #investors is to pay attention to the #stocks we own. Part of that involves looking at the #fundamentals, but half of the disclosure comes from looking at price action. The Apogee Enterprises Inc. (NASDAQ: APOG) data table below can help you with price action, and we have more details too. Trading plans for APOG are shown here too; these plans are updated in real time for subscribers, where this report is static. If you want an update, or a report on a different stock, please get one here Unlimited Real Time Reports.
Fundamental Charts for APOG:
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