Learn to Evaluate (AON) using the Charts

February 18, 2024, 07:48 am ET, BY Quentin W.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for AON

• Buy AON slightly over 294.18 target 315.09 stop loss @ 293.33 Details

The technical summary data tells us to buy AON near 294.18 with an upside target of 315.09. This data also tells us to set a stop loss @ 293.33 to protect against excessive loss in case the stock begins to move against the trade. 294.18 is the first level of support below 311.24 , and by rule, any test of support is a buy signal. In this case, support 294.18 would be being tested, so a buy signal would exist.

• Short AON slightly under 315.09, target 294.18, stop loss @ 316 Details

The technical summary data is suggesting a short of AON as it gets near 315.09 with a downside target of 294.18. We should have a stop loss in place at 316though. 315.09 is the first level of resistance above 311.24, and by rule, any test of resistance is a short signal. In this case, if resistance 315.09 is being tested, so a short signal would exist.

Swing Trading Plans for AON

• Buy AON slightly over 315.09, target 317.54, Stop Loss @ 314.18 Details

If 315.09 begins to break higher, the technical summary data tells us to buy AON just slightly over 315.09, with an upside target of 317.54. The data also tells us to set a stop loss @ 314.18 in case the stock turns against the trade. 315.09 is the first level of resistance above 311.24, and by rule, any break above resistance is a buy signal. In this case, 315.09, 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 AON slightly near 315.09, target 310.42, Stop Loss @ 316. Details

The technical summary data is suggesting a short of AON if it tests 315.09 with a downside target of 310.42. We should have a stop loss in place at 316 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, 315.09, 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 AON

• Buy AON slightly over 314.08, target 315.09, Stop Loss @ 313.35 Details

If 314.08 begins to break higher, the technical summary data tells us to buy AON just slightly over 314.08, with an upside target of 315.09. The data also tells us to set a stop loss @ 313.35 in case the stock turns against the trade. 314.08 is the first level of resistance above 311.24, and by rule, any break above resistance is a buy signal. In this case, 314.08, 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 AON slightly near 314.08, target 310.59, Stop Loss @ 314.81. Details

The technical summary data is suggesting a short of AON if it tests 314.08 with a downside target of 310.59. We should have a stop loss in place at 314.81 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, 314.08, 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  Aon Plc Class A (ireland) (AON) available here: AON.

AON Ratings for February 18:

Term →	Near	Mid	Long
Rating	Strong	Strong	Neutral
P1	0	0	294.18
P2	310.59	310.42	315.09
P3	314.08	317.54	335.91

AI Generated Signals for AON

Real Time Updates for Repeat Institutional Readers:

• Factset: Request User/Pass
• Bloomberg, Reuters, Refinitiv, Zacks, or IB users: Access Here.

Instructions:

• Click the Get Real Time Updates button below.

• In the login prompt, select forgot username

• Type the email you use for Factset

• Use the user/pass you receive to login

• You will have 24/7 access to real time updates.

From then on you can just click to get the real time update whenever you want.

GET REAL TIME UPDATES

Market Crash Leading Indicator

Our Market Crash Leading Indicator isEvitar Corte.

• Evitar Corte warned of market crash risk four times since 2000.

• It identified the Internet Debacle before it happened.

• It identified the Credit Crisis before it happened.

• It identified the Corona Crash too.

• See what Evitar Corte is Saying Now.

Get Notified When our Ratings Change:Take a Trial

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  Aon Plc Class A (ireland) (NYSE: AON) report below can help you understand how to do this. The trading plans for AON, 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.