Learn to Evaluate (TOL) using the Charts
August 09, 2024, 17:38 pm ET, BY Robert S.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for TOL
- Buy TOL slightly over 121.38 target 134.16 stop loss @ 121.03 Details
The technical summary data tells us to buy TOL near 121.38 with an upside target of 134.16. This data also tells us to set a stop loss @ 121.03 to protect against excessive loss in case the stock begins to move against the trade. 121.38 is the first level of support below 127.58 , and by rule, any test of support is a buy signal. In this case, support 121.38 would be being tested, so a buy signal would exist.
- Short TOL slightly under 134.16, target 121.38, stop loss @ 134.55 Details
The technical summary data is suggesting a short of TOL as it gets near 134.16 with a downside target of 121.38. We should have a stop loss in place at 134.55though. 134.16 is the first level of resistance above 127.58, and by rule, any test of resistance is a short signal. In this case, if resistance 134.16 is being tested, so a short signal would exist.
Swing Trading Plans for TOL
- Buy TOL slightly over 134.16, target 134.43, Stop Loss @ 133.77 Details
If 134.16 begins to break higher, the technical summary data tells us to buy TOL just slightly over 134.16, with an upside target of 134.43. The data also tells us to set a stop loss @ 133.77 in case the stock turns against the trade. 134.16 is the first level of resistance above 127.58, and by rule, any break above resistance is a buy signal. In this case, 134.16, 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 TOL slightly near 134.16, target 123.24, Stop Loss @ 134.55. Details
The technical summary data is suggesting a short of TOL if it tests 134.16 with a downside target of 123.24. We should have a stop loss in place at 134.55 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, 134.16, 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 TOL
- Buy TOL slightly over 134.16, target 134.43, Stop Loss @ 133.85 Details
If 134.16 begins to break higher, the technical summary data tells us to buy TOL just slightly over 134.16, with an upside target of 134.43. The data also tells us to set a stop loss @ 133.85 in case the stock turns against the trade. 134.16 is the first level of resistance above 127.58, and by rule, any break above resistance is a buy signal. In this case, 134.16, 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 TOL slightly near 134.16, target 127.25, Stop Loss @ 134.47. Details
The technical summary data is suggesting a short of TOL if it tests 134.16 with a downside target of 127.25. We should have a stop loss in place at 134.47 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, 134.16, 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 Toll Brothers Inc. (TOL) available here: TOL.
TOL Ratings for August 09:
| Term → | Near |
Mid |
Long |
|---|
| Rating |
Weak |
Neutral |
Strong |
| P1 |
0 |
0 |
121.38 |
| P2 |
122.67 |
123.24 |
134.16 |
| P3 |
127.25 |
134.43 |
147.18 |
AI Generated Signals for TOL
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 Toll Brothers Inc. (NYSE: TOL) report below can help you understand how to do this. The trading plans for TOL, 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 TOL:
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