When the Price of (CASY) Talks, People Listen

February 17, 2024, 04:28 am ET, BY Quentin W.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for CASY

• Buy CASY slightly over 275.64 target 289.29 stop loss @ 274.84 Details

The technical summary data tells us to buy CASY near 275.64 with an upside target of 289.29. This data also tells us to set a stop loss @ 274.84 to protect against excessive loss in case the stock begins to move against the trade. 275.64 is the first level of support below 287.66 , and by rule, any test of support is a buy signal. In this case, support 275.64 would be being tested, so a buy signal would exist.

• Short CASY slightly under 289.29, target 275.64, stop loss @ 290.13 Details

The technical summary data is suggesting a short of CASY as it gets near 289.29 with a downside target of 275.64. We should have a stop loss in place at 290.13though. 289.29 is the first level of resistance above 287.66, and by rule, any test of resistance is a short signal. In this case, if resistance 289.29 is being tested, so a short signal would exist.

Swing Trading Plans for CASY

• Buy CASY slightly over 289.29, target 290.41, Stop Loss @ 288.45 Details

If 289.29 begins to break higher, the technical summary data tells us to buy CASY just slightly over 289.29, with an upside target of 290.41. The data also tells us to set a stop loss @ 288.45 in case the stock turns against the trade. 289.29 is the first level of resistance above 287.66, and by rule, any break above resistance is a buy signal. In this case, 289.29, 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 CASY slightly near 289.29, target 284.5, Stop Loss @ 290.13. Details

The technical summary data is suggesting a short of CASY if it tests 289.29 with a downside target of 284.5. We should have a stop loss in place at 290.13 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, 289.29, 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 CASY

• Buy CASY slightly over 287.91, target 289.29, Stop Loss @ 287.24 Details

If 287.91 begins to break higher, the technical summary data tells us to buy CASY just slightly over 287.91, with an upside target of 289.29. The data also tells us to set a stop loss @ 287.24 in case the stock turns against the trade. 287.91 is the first level of resistance above 287.66, and by rule, any break above resistance is a buy signal. In this case, 287.91, 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 CASY slightly near 287.91, target 284.5, Stop Loss @ 288.58. Details

The technical summary data is suggesting a short of CASY if it tests 287.91 with a downside target of 284.5. We should have a stop loss in place at 288.58 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, 287.91, 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 Caseys General Stores Inc. (CASY) available here: CASY.

CASY Ratings for February 17:

Term →	Near	Mid	Long
Rating	Neutral	Neutral	Strong
P1	0	0	275.64
P2	283.35	284.5	289.29
P3	287.91	290.41	303.24

AI Generated Signals for CASY

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This is not EF Hutton, but it could be more #powerful.  A picture speaks a thousand words, they say, and the #priceaction of Caseys General Stores Inc. (NASDAQ: CASY) tells an important story.  The movement tells us where investors perceive value, or the lack of it, and if we pay attention we can capture opportunity.  The data below for CASY can be used as an example, and demonstrate how to do this for other stocks too.  This data was current at the time of publication, but it is not updated in real time here. If you want real time updates, or data on a different stock, please get one here Unlimited Real Time Reports.