Learn to Evaluate (FSS) using the Charts
June 18, 2024, 22:04 pm ET, BY Jake B.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for FSS
- Buy FSS slightly over 82.14 target 88.1 stop loss @ 81.9 Details
The technical summary data tells us to buy FSS near 82.14 with an upside target of 88.1. This data also tells us to set a stop loss @ 81.9 to protect against excessive loss in case the stock begins to move against the trade. 82.14 is the first level of support below 85.01 , and by rule, any test of support is a buy signal. In this case, support 82.14 would be being tested, so a buy signal would exist.
- Short FSS slightly under 88.1, target 82.14, stop loss @ 88.35 Details
The technical summary data is suggesting a short of FSS as it gets near 88.1 with a downside target of 82.14. We should have a stop loss in place at 88.35though. 88.1 is the first level of resistance above 85.01, and by rule, any test of resistance is a short signal. In this case, if resistance 88.1 is being tested, so a short signal would exist.
Swing Trading Plans for FSS
- Buy FSS slightly over 85.38, target 88.1, Stop Loss @ 85.13 Details
If 85.38 begins to break higher, the technical summary data tells us to buy FSS just slightly over 85.38, with an upside target of 88.1. The data also tells us to set a stop loss @ 85.13 in case the stock turns against the trade. 85.38 is the first level of resistance above 85.01, and by rule, any break above resistance is a buy signal. In this case, 85.38, 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 FSS slightly near 85.38, target 83.18, Stop Loss @ 85.63. Details
The technical summary data is suggesting a short of FSS if it tests 85.38 with a downside target of 83.18. We should have a stop loss in place at 85.63 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, 85.38, 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 FSS
- Buy FSS slightly over 85.38, target 88.1, Stop Loss @ 85.18 Details
If 85.38 begins to break higher, the technical summary data tells us to buy FSS just slightly over 85.38, with an upside target of 88.1. The data also tells us to set a stop loss @ 85.18 in case the stock turns against the trade. 85.38 is the first level of resistance above 85.01, and by rule, any break above resistance is a buy signal. In this case, 85.38, 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 FSS slightly near 85.38, target 84.86, Stop Loss @ 85.58. Details
The technical summary data is suggesting a short of FSS if it tests 85.38 with a downside target of 84.86. We should have a stop loss in place at 85.58 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, 85.38, 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 Federal Signal Corporation (FSS) available here: FSS.
FSS Ratings for June 18:
| Term → | Near |
Mid |
Long |
|---|
| Rating |
Neutral |
Neutral |
Strong |
| P1 |
0 |
0 |
82.14 |
| P2 |
82.92 |
83.18 |
88.1 |
| P3 |
84.86 |
85.38 |
94.14 |
AI Generated Signals for FSS
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 Federal Signal Corporation (NYSE: FSS) report below can help you understand how to do this. The trading plans for FSS, 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 FSS:
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