Trading Dte Energy Holding DTE With Integrated Risk Controls

January 14, 2022, 19:45 pm ET, BY Jake B.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

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 Dte Energy Holding (NYSE: DTE) report below can help you, but we have more details too. The trading plans for DTE, 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.

Longer Term Trading Plans for DTE

• Buy DTE slightly over 118.92 target 125.37 stop loss @ 118.58 Details

The technical summary data tells us to buy DTE near 118.92 with an upside target of 125.37. This data also tells us to set a stop loss @ 118.58 to protect against excessive loss in case the stock begins to move against the trade. 118.92 is the first level of support below 119.38 , and by rule, any test of support is a buy signal. In this case, support 118.92 is being tested, a buy signal would exist.

• Short DTE under 125.37, target 118.92, stop loss @ 125.73 Details

The technical summary data is suggesting a short of DTE as it gets near 125.37 with a downside target of 118.92. We should have a stop loss in place at 125.73though. 125.37 is the first level of resistance above 119.38, and by rule, any test of resistance is a short signal. In this case, if resistance 125.37 is being tested, a short signal would exist.

Swing Trading Plans for DTE

• Buy DTE slightly over 120.66, target 125.37, Stop Loss @ 120.31 Details

If 120.66 begins to break higher, the technical summary data tells us to buy DTE just slightly over 120.66, with an upside target of 125.37. The data also tells us to set a stop loss @ 120.31 in case the stock turns against the trade. 120.66 is the first level of resistance above 119.38, and by rule, any break above resistance is a buy signal. In this case, 120.66, 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 DTE near 120.66, target 118.92, Stop Loss @ 121.01. Details

The technical summary data is suggesting a short of DTE if it tests 120.66 with a downside target of 118.92. We should have a stop loss in place at 121.01 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, 120.66, 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 DTE

• Buy DTE slightly over 120.66, target 125.37, Stop Loss @ 120.38 Details

If 120.66 begins to break higher, the technical summary data tells us to buy DTE just slightly over 120.66, with an upside target of 125.37. The data also tells us to set a stop loss @ 120.38 in case the stock turns against the trade. 120.66 is the first level of resistance above 119.38, and by rule, any break above resistance is a buy signal. In this case, 120.66, 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 DTE near 120.66, target 119.22, Stop Loss @ 120.94. Details

The technical summary data is suggesting a short of DTE if it tests 120.66 with a downside target of 119.22. We should have a stop loss in place at 120.94 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, 120.66, 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.

DTE Ratings for January 14:

Term →	Near	Mid	Long
Rating	Strong	Strong	Neutral
P1	0	0	112.40
P2	118.02	118.61	118.92
P3	119.22	120.66	125.37

Support and Resistance Plot Chart for DTE

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