Trading (ADUS) With Integrated Risk Controls

January 05, 2024, 21:50 pm ET, BY Jake B.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for ADUS

• Buy ADUS slightly over 83.46 target 91.93 stop loss @ 83.22 Details

The technical summary data tells us to buy ADUS near 83.46 with an upside target of 91.93. This data also tells us to set a stop loss @ 83.22 to protect against excessive loss in case the stock begins to move against the trade. 83.46 is the first level of support below 88.26 , and by rule, any test of support is a buy signal. In this case, support 83.46 is being tested, a buy signal would exist.

• Short ADUS slightly under 91.93, target 83.46, stop loss @ 92.2 Details

The technical summary data is suggesting a short of ADUS as it gets near 91.93 with a downside target of 83.46. We should have a stop loss in place at 92.2though. 91.93 is the first level of resistance above 88.26, and by rule, any test of resistance is a short signal. In this case, if resistance 91.93 is being tested, a short signal would exist.

Swing Trading Plans for ADUS

• Buy ADUS slightly over 90.49, target 91.93, Stop Loss @ 90.23 Details

If 90.49 begins to break higher, the technical summary data tells us to buy ADUS just slightly over 90.49, with an upside target of 91.93. The data also tells us to set a stop loss @ 90.23 in case the stock turns against the trade. 90.49 is the first level of resistance above 88.26, and by rule, any break above resistance is a buy signal. In this case, 90.49, 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 ADUS slightly near 90.49, target 83.46, Stop Loss @ 90.75. Details

The technical summary data is suggesting a short of ADUS if it tests 90.49 with a downside target of 83.46. We should have a stop loss in place at 90.75 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, 90.49, 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 ADUS

• Buy ADUS slightly over 89.49, target 90.49, Stop Loss @ 89.28 Details

If 89.49 begins to break higher, the technical summary data tells us to buy ADUS just slightly over 89.49, with an upside target of 90.49. The data also tells us to set a stop loss @ 89.28 in case the stock turns against the trade. 89.49 is the first level of resistance above 88.26, and by rule, any break above resistance is a buy signal. In this case, 89.49, 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 ADUS slightly near 89.49, target 83.46, Stop Loss @ 89.7. Details

The technical summary data is suggesting a short of ADUS if it tests 89.49 with a downside target of 83.46. We should have a stop loss in place at 89.7 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, 89.49, 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 Addus Homecare Corporation (ADUS) available here: ADUS.

ADUS Ratings for January 05:

Term →	Near	Mid	Long
Rating	Weak	Neutral	Weak
P1	0	0	74.9
P2	89.49	90.49	83.46
P3	91.04	93.87	91.93

AI Generated Signals for ADUS

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