How the (CHCO) price action is used to our Advantage
August 23, 2024, 01:54 am ET, BY Jake B.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for CHCO
- Buy CHCO slightly over 111.74 target 120.13 stop loss @ 111.42 Details
The technical summary data tells us to buy CHCO near 111.74 with an upside target of 120.13. This data also tells us to set a stop loss @ 111.42 to protect against excessive loss in case the stock begins to move against the trade. 111.74 is the first level of support below 114.65 , and by rule, any test of support is a buy signal. In this case, support 111.74 is being tested, a buy signal would exist.
- Short CHCO slightly under 120.13, target 111.74, stop loss @ 120.48 Details
The technical summary data is suggesting a short of CHCO as it gets near 120.13 with a downside target of 111.74. We should have a stop loss in place at 120.48though. 120.13 is the first level of resistance above 114.65, and by rule, any test of resistance is a short signal. In this case, if resistance 120.13 is being tested, a short signal would exist.
Swing Trading Plans for CHCO
- Buy CHCO slightly over 116.22, target 120.13, Stop Loss @ 115.88 Details
If 116.22 begins to break higher, the technical summary data tells us to buy CHCO just slightly over 116.22, with an upside target of 120.13. The data also tells us to set a stop loss @ 115.88 in case the stock turns against the trade. 116.22 is the first level of resistance above 114.65, and by rule, any break above resistance is a buy signal. In this case, 116.22, 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 CHCO slightly near 116.22, target 113.94, Stop Loss @ 116.56. Details
The technical summary data is suggesting a short of CHCO if it tests 116.22 with a downside target of 113.94. We should have a stop loss in place at 116.56 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, 116.22, 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 CHCO
- Buy CHCO slightly over 114.94, target 116.22, Stop Loss @ 114.67 Details
If 114.94 begins to break higher, the technical summary data tells us to buy CHCO just slightly over 114.94, with an upside target of 116.22. The data also tells us to set a stop loss @ 114.67 in case the stock turns against the trade. 114.94 is the first level of resistance above 114.65, and by rule, any break above resistance is a buy signal. In this case, 114.94, 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 CHCO slightly near 114.94, target 113.94, Stop Loss @ 115.21. Details
The technical summary data is suggesting a short of CHCO if it tests 114.94 with a downside target of 113.94. We should have a stop loss in place at 115.21 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, 114.94, 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 City Holding Company (CHCO) available here: CHCO.
CHCO Ratings for August 23:
| Term → | Near |
Mid |
Long |
|---|
| Rating |
Neutral |
Neutral |
Strong |
| P1 |
0 |
0 |
104.4 |
| P2 |
113.74 |
113.94 |
111.74 |
| P3 |
114.94 |
116.22 |
120.13 |
AI Generated Signals for CHCO
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 City Holding Company (NASDAQ: CHCO) data table below can help you with price action, and we have more details too. Trading plans for CHCO 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 CHCO:
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