Learn to Evaluate (ARCB) using the Charts
November 10, 2024, 16:30 pm ET, BY Jake B.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for ARCB
- Buy ARCB near 106.28 target 123.86 stop loss @ 105.97 Details
The technical summary data tells us to buy ARCB near 106.28 with an upside target of 123.86. This data also tells us to set a stop loss @ 105.97 to protect against excessive loss in case the stock begins to move against the trade. 106.28 is the first level of support below 116.43 , and by rule, any test of support is a buy signal. In this case, support 106.28 is being tested, a buy signal would exist.
- Short ARCB slightly under 123.86, target 106.28, stop loss @ 124.22 Details
The technical summary data is suggesting a short of ARCB as it gets near 123.86 with a downside target of 106.28. We should have a stop loss in place at 124.22though. 123.86 is the first level of resistance above 116.43, and by rule, any test of resistance is a short signal. In this case, if resistance 123.86 is being tested, a short signal would exist.
Swing Trading Plans for ARCB
- Buy ARCB slightly over 120.15, target 123.86, Stop Loss @ 119.8 Details
If 120.15 begins to break higher, the technical summary data tells us to buy ARCB just slightly over 120.15, with an upside target of 123.86. The data also tells us to set a stop loss @ 119.8 in case the stock turns against the trade. 120.15 is the first level of resistance above 116.43, and by rule, any break above resistance is a buy signal. In this case, 120.15, 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 ARCB slightly near 120.15, target 108.78, Stop Loss @ 120.5. Details
The technical summary data is suggesting a short of ARCB if it tests 120.15 with a downside target of 108.78. We should have a stop loss in place at 120.5 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, 120.15, 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 ARCB
- Buy ARCB slightly over 120.15, target 123.86, Stop Loss @ 119.87 Details
If 120.15 begins to break higher, the technical summary data tells us to buy ARCB just slightly over 120.15, with an upside target of 123.86. The data also tells us to set a stop loss @ 119.87 in case the stock turns against the trade. 120.15 is the first level of resistance above 116.43, and by rule, any break above resistance is a buy signal. In this case, 120.15, 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 ARCB slightly near 120.15, target 116.36, Stop Loss @ 120.43. Details
The technical summary data is suggesting a short of ARCB if it tests 120.15 with a downside target of 116.36. We should have a stop loss in place at 120.43 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, 120.15, 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 Arcbest Corporation (ARCB) available here: ARCB.
ARCB Ratings for November 10:
| Term → | Near |
Mid |
Long |
|---|
| Rating |
Strong |
Strong |
Weak |
| P1 |
0 |
0 |
90.1 |
| P2 |
116.36 |
108.78 |
106.28 |
| P3 |
126.62 |
120.15 |
123.86 |
AI Generated Signals for ARCB
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 Arcbest Corporation (NASDAQ: ARCB) report below can help you understand how to do this. The trading plans for ARCB, 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 ARCB:
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