When the Price of (HXL) Talks, People Listen

April 02, 2024, 09:06 am ET, BY Quentin W.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for HXL

• Buy HXL slightly over 70.67 target 75.66 stop loss @ 70.47 Details

The technical summary data tells us to buy HXL near 70.67 with an upside target of 75.66. This data also tells us to set a stop loss @ 70.47 to protect against excessive loss in case the stock begins to move against the trade. 70.67 is the first level of support below 71.79 , and by rule, any test of support is a buy signal. In this case, support 70.67 is being tested, a buy signal would exist.

• Short HXL slightly under 75.66, target 70.67, stop loss @ 75.88 Details

The technical summary data is suggesting a short of HXL as it gets near 75.66 with a downside target of 70.67. We should have a stop loss in place at 75.88though. 75.66 is the first level of resistance above 71.79, and by rule, any test of resistance is a short signal. In this case, if resistance 75.66 is being tested, a short signal would exist.

Swing Trading Plans for HXL

• Buy HXL slightly over 72.13, target 73.49, Stop Loss @ 71.92 Details

If 72.13 begins to break higher, the technical summary data tells us to buy HXL just slightly over 72.13, with an upside target of 73.49. The data also tells us to set a stop loss @ 71.92 in case the stock turns against the trade. 72.13 is the first level of resistance above 71.79, and by rule, any break above resistance is a buy signal. In this case, 72.13, 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 HXL slightly near 72.13, target 70.67, Stop Loss @ 72.34. Details

The technical summary data is suggesting a short of HXL if it tests 72.13 with a downside target of 70.67. We should have a stop loss in place at 72.34 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, 72.13, 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 HXL

• Buy HXL slightly over 72.13, target 72.71, Stop Loss @ 71.96 Details

If 72.13 begins to break higher, the technical summary data tells us to buy HXL just slightly over 72.13, with an upside target of 72.71. The data also tells us to set a stop loss @ 71.96 in case the stock turns against the trade. 72.13 is the first level of resistance above 71.79, and by rule, any break above resistance is a buy signal. In this case, 72.13, 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 HXL slightly near 72.13, target 71.76, Stop Loss @ 72.3. Details

The technical summary data is suggesting a short of HXL if it tests 72.13 with a downside target of 71.76. We should have a stop loss in place at 72.3 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, 72.13, 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 Hexcel Corporation (HXL) available here: HXL.

HXL Ratings for April 02:

Term →	Near	Mid	Long
Rating	Neutral	Neutral	Neutral
P1	0	0	65.37
P2	71.76	72.13	70.67
P3	72.71	73.49	75.66

AI Generated Signals for HXL

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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 Hexcel Corporation (NYSE: HXL) 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 HXL 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.