When (DJCO) Moves Investors should Listen

June 30, 2024, 22:50 pm ET, BY Quentin W.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for DJCO

• Buy DJCO slightly over 378.36 target 404.29 stop loss @ 377.27 Details

The technical summary data tells us to buy DJCO near 378.36 with an upside target of 404.29. This data also tells us to set a stop loss @ 377.27 to protect against excessive loss in case the stock begins to move against the trade. 378.36 is the first level of support below 394.48 , and by rule, any test of support is a buy signal. In this case, support 378.36 is being tested, a buy signal would exist.

• Short DJCO slightly under 404.29, target 378.36, stop loss @ 405.46 Details

The technical summary data is suggesting a short of DJCO as it gets near 404.29 with a downside target of 378.36. We should have a stop loss in place at 405.46though. 404.29 is the first level of resistance above 394.48, and by rule, any test of resistance is a short signal. In this case, if resistance 404.29 is being tested, a short signal would exist.

Swing Trading Plans for DJCO

• Buy DJCO slightly over 404.29, target n/a, Stop Loss @ 403.12 Details

If 404.29 begins to break higher, the technical summary data tells us to buy DJCO just slightly over 404.29, with an upside target of n/a. The data also tells us to set a stop loss @ 403.12 in case the stock turns against the trade. 404.29 is the first level of resistance above 394.48, and by rule, any break above resistance is a buy signal. In this case, 404.29, 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 DJCO slightly near 404.29, target 389.41, Stop Loss @ 405.46. Details

The technical summary data is suggesting a short of DJCO if it tests 404.29 with a downside target of 389.41. We should have a stop loss in place at 405.46 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, 404.29, 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 DJCO

• Buy DJCO slightly over 404.29, target n/a, Stop Loss @ 403.35 Details

If 404.29 begins to break higher, the technical summary data tells us to buy DJCO just slightly over 404.29, with an upside target of n/a. The data also tells us to set a stop loss @ 403.35 in case the stock turns against the trade. 404.29 is the first level of resistance above 394.48, and by rule, any break above resistance is a buy signal. In this case, 404.29, 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 DJCO slightly near 404.29, target 392.13, Stop Loss @ 405.23. Details

The technical summary data is suggesting a short of DJCO if it tests 404.29 with a downside target of 392.13. We should have a stop loss in place at 405.23 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, 404.29, 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  Daily Journal Corp. (s.c.) (DJCO) available here: DJCO.

DJCO Ratings for June 30:

Term →	Near	Mid	Long
Rating	Strong	Strong	Strong
P1	0	0	353.17
P2	387.17	378.72	378.36
P3	392.13	389.41	404.29

AI Generated Signals for DJCO

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How do we know what is going on #behindthescenes of a company?  According to Stock Traders Daily, a 20-year #financialindustry innovator, the best way to do this to to watch the price action in the stock. The  Daily Journal Corp. (s.c.) (NASDAQ: DJCO) report below is a real world example. Included are trading plans for DJCO, but this report is static. If you want an update, or a different stock, please get one here Unlimited Real Time Reports.