Learn to Evaluate (CSAN) using the Charts
August 23, 2024, 06:28 am ET, BY Quentin W.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for CSAN
- Buy CSAN slightly over 8.42 target 9.88 stop loss @ 8.4 Details
The technical summary data tells us to buy CSAN near 8.42 with an upside target of 9.88. This data also tells us to set a stop loss @ 8.4 to protect against excessive loss in case the stock begins to move against the trade. 8.42 is the first level of support below 9.79 , and by rule, any test of support is a buy signal. In this case, support 8.42 would be being tested, so a buy signal would exist.
- Short CSAN slightly under 9.88, target 8.42, stop loss @ 9.91 Details
The technical summary data is suggesting a short of CSAN as it gets near 9.88 with a downside target of 8.42. We should have a stop loss in place at 9.91though. 9.88 is the first level of resistance above 9.79, and by rule, any test of resistance is a short signal. In this case, if resistance 9.88 is being tested, so a short signal would exist.
Swing Trading Plans for CSAN
- Buy CSAN slightly over 10.02, target 10.42, Stop Loss @ 9.99 Details
If 10.02 begins to break higher, the technical summary data tells us to buy CSAN just slightly over 10.02, with an upside target of 10.42. The data also tells us to set a stop loss @ 9.99 in case the stock turns against the trade. 10.02 is the first level of resistance above 9.79, and by rule, any break above resistance is a buy signal. In this case, 10.02, 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 CSAN slightly near 10.02, target 8.42, Stop Loss @ 10.05. Details
The technical summary data is suggesting a short of CSAN if it tests 10.02 with a downside target of 8.42. We should have a stop loss in place at 10.05 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, 10.02, 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 CSAN
- Buy CSAN slightly over 10.21, target 10.42, Stop Loss @ 10.19 Details
If 10.21 begins to break higher, the technical summary data tells us to buy CSAN just slightly over 10.21, with an upside target of 10.42. The data also tells us to set a stop loss @ 10.19 in case the stock turns against the trade. 10.21 is the first level of resistance above 9.79, and by rule, any break above resistance is a buy signal. In this case, 10.21, 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 CSAN slightly near 10.21, target 8.42, Stop Loss @ 10.23. Details
The technical summary data is suggesting a short of CSAN if it tests 10.21 with a downside target of 8.42. We should have a stop loss in place at 10.23 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, 10.21, 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 Cosan S.a. Ads (CSAN) available here: CSAN.
CSAN Ratings for August 23:
| Term → | Near |
Mid |
Long |
|---|
| Rating |
Neutral |
Strong |
Weak |
| P1 |
0 |
0 |
8.42 |
| P2 |
9.87 |
10.02 |
9.88 |
| P3 |
10.21 |
10.42 |
11.32 |
AI Generated Signals for CSAN
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 Cosan S.a. Ads (NASDAQ: CSAN) report below can help you understand how to do this. The trading plans for CSAN, 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 CSAN:
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