Trading (VMC) With Integrated Risk Controls

April 19, 2024, 07:00 am ET, BY Jake B.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for VMC

• Buy VMC slightly over 253.46 target 272.29 stop loss @ 252.73 Details

The technical summary data tells us to buy VMC near 253.46 with an upside target of 272.29. This data also tells us to set a stop loss @ 252.73 to protect against excessive loss in case the stock begins to move against the trade. 253.46 is the first level of support below 255.07 , and by rule, any test of support is a buy signal. In this case, support 253.46 is being tested, a buy signal would exist.

• Short VMC slightly under 272.29, target 253.46, stop loss @ 273.08 Details

The technical summary data is suggesting a short of VMC as it gets near 272.29 with a downside target of 253.46. We should have a stop loss in place at 273.08though. 272.29 is the first level of resistance above 255.07, and by rule, any test of resistance is a short signal. In this case, if resistance 272.29 is being tested, a short signal would exist.

Swing Trading Plans for VMC

• Buy VMC slightly over 259.53, target 272.29, Stop Loss @ 258.78 Details

If 259.53 begins to break higher, the technical summary data tells us to buy VMC just slightly over 259.53, with an upside target of 272.29. The data also tells us to set a stop loss @ 258.78 in case the stock turns against the trade. 259.53 is the first level of resistance above 255.07, and by rule, any break above resistance is a buy signal. In this case, 259.53, 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 VMC slightly near 259.53, target 254.55, Stop Loss @ 260.28. Details

The technical summary data is suggesting a short of VMC if it tests 259.53 with a downside target of 254.55. We should have a stop loss in place at 260.28 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, 259.53, 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 VMC

• Buy VMC slightly over 257.27, target 259.53, Stop Loss @ 256.67 Details

If 257.27 begins to break higher, the technical summary data tells us to buy VMC just slightly over 257.27, with an upside target of 259.53. The data also tells us to set a stop loss @ 256.67 in case the stock turns against the trade. 257.27 is the first level of resistance above 255.07, and by rule, any break above resistance is a buy signal. In this case, 257.27, 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 VMC slightly near 257.27, target 254.55, Stop Loss @ 257.87. Details

The technical summary data is suggesting a short of VMC if it tests 257.27 with a downside target of 254.55. We should have a stop loss in place at 257.87 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, 257.27, 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 Vulcan Materials Company (holding Company) (VMC) available here: VMC.

VMC Ratings for April 19:

Term →	Near	Mid	Long
Rating	Weak	Weak	Strong
P1	0	0	234.42
P2	254.39	254.55	253.46
P3	257.27	259.53	272.29

AI Generated Signals for VMC

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Price matters most to #makingmoney in the #stockmarket. Celebrating 20 years, Stock Traders Daily provides the tools that help you develop investment strategies, and this is a good example. When we couple this with our market based analysis, the probabilities of going with the flow increases, and that is material over time. The Vulcan Materials Company (holding Company) (NYSE: VMC) report below can help you, but we have more details too. The trading plans for VMC, and the other 1000+ stocks we follow, are updated in real time for subscribers, but this report is static. If you want an update, or a different report, please get one here Unlimited Real Time Reports.