When (LCR) Moves Investors should Listen
May 12, 2024, 09:42 am ET, BY Quentin W.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for LCR
- Buy LCR slightly over 33.25 target 34.1 stop loss @ 33.15 Details
The technical summary data tells us to buy LCR near 33.25 with an upside target of 34.1. This data also tells us to set a stop loss @ 33.15 to protect against excessive loss in case the stock begins to move against the trade. 33.25 is the first level of support below 33.3301 , and by rule, any test of support is a buy signal. In this case, support 33.25 is being tested, a buy signal would exist.
- Short LCR slightly under 34.1, target 33.25, stop loss @ 34.2 Details
The technical summary data is suggesting a short of LCR as it gets near 34.1 with a downside target of 33.25. We should have a stop loss in place at 34.2though. 34.1 is the first level of resistance above 33.3301, and by rule, any test of resistance is a short signal. In this case, if resistance 34.1 is being tested, a short signal would exist.
Swing Trading Plans for LCR
- Buy LCR slightly over 33.44, target 34.1, Stop Loss @ 33.34 Details
If 33.44 begins to break higher, the technical summary data tells us to buy LCR just slightly over 33.44, with an upside target of 34.1. The data also tells us to set a stop loss @ 33.34 in case the stock turns against the trade. 33.44 is the first level of resistance above 33.3301, and by rule, any break above resistance is a buy signal. In this case, 33.44, 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 LCR slightly near 33.44, target 32.38, Stop Loss @ 33.54. Details
The technical summary data is suggesting a short of LCR if it tests 33.44 with a downside target of 32.38. We should have a stop loss in place at 33.54 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, 33.44, 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 LCR
- Buy LCR slightly over 33.44, target 34.1, Stop Loss @ 33.36 Details
If 33.44 begins to break higher, the technical summary data tells us to buy LCR just slightly over 33.44, with an upside target of 34.1. The data also tells us to set a stop loss @ 33.36 in case the stock turns against the trade. 33.44 is the first level of resistance above 33.3301, and by rule, any break above resistance is a buy signal. In this case, 33.44, 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 LCR slightly near 33.44, target 32.38, Stop Loss @ 33.52. Details
The technical summary data is suggesting a short of LCR if it tests 33.44 with a downside target of 32.38. We should have a stop loss in place at 33.52 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, 33.44, 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 Leuthold Core Etf (LCR) available here: LCR.
LCR Ratings for May 12:
| Term → | Near |
Mid |
Long |
|---|
| Rating |
Neutral |
Neutral |
Neutral |
| P1 |
0 |
0 |
32.38 |
| P2 |
33.35 |
33.15 |
33.25 |
| P3 |
0 |
33.44 |
34.1 |
AI Generated Signals for LCR
Blue = Current Price
Red= Resistance
Green = Support
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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 Leuthold Core Etf (NYSE: LCR) report below is a real world example. Included are trading plans for LCR, but this report is static. If you want an update, or a different stock, please get one here Unlimited Real Time Reports.
Fundamental Charts for LCR:
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