Learn to Evaluate (ROOT) using the Charts
January 17, 2025, 13:42 pm ET, BY Robert S.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for ROOT
- Buy ROOT near 77.93 target 107.85 stop loss @ 77.7 Details
The technical summary data tells us to buy ROOT near 77.93 with an upside target of 107.85. This data also tells us to set a stop loss @ 77.7 to protect against excessive loss in case the stock begins to move against the trade. 77.93 is the first level of support below 87.08 , and by rule, any test of support is a buy signal. In this case, support 77.93 is being tested, a buy signal would exist.
- Short ROOT slightly under 107.85, target 77.93, stop loss @ 108.16 Details
The technical summary data is suggesting a short of ROOT as it gets near 107.85 with a downside target of 77.93. We should have a stop loss in place at 108.16though. 107.85 is the first level of resistance above 87.08, and by rule, any test of resistance is a short signal. In this case, if resistance 107.85 is being tested, a short signal would exist.
Swing Trading Plans for ROOT
- Buy ROOT slightly over 89.87, target 107.85, Stop Loss @ 89.61 Details
If 89.87 begins to break higher, the technical summary data tells us to buy ROOT just slightly over 89.87, with an upside target of 107.85. The data also tells us to set a stop loss @ 89.61 in case the stock turns against the trade. 89.87 is the first level of resistance above 87.08, and by rule, any break above resistance is a buy signal. In this case, 89.87, 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 ROOT slightly near 89.87, target 82.37, Stop Loss @ 90.13. Details
The technical summary data is suggesting a short of ROOT if it tests 89.87 with a downside target of 82.37. We should have a stop loss in place at 90.13 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, 89.87, 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 ROOT
- Buy ROOT slightly over 89.09, target 89.87, Stop Loss @ 88.88 Details
If 89.09 begins to break higher, the technical summary data tells us to buy ROOT just slightly over 89.09, with an upside target of 89.87. The data also tells us to set a stop loss @ 88.88 in case the stock turns against the trade. 89.09 is the first level of resistance above 87.08, and by rule, any break above resistance is a buy signal. In this case, 89.09, 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 ROOT slightly near 89.09, target 82.37, Stop Loss @ 89.3. Details
The technical summary data is suggesting a short of ROOT if it tests 89.09 with a downside target of 82.37. We should have a stop loss in place at 89.3 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, 89.09, 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 Root Inc. (ROOT) available here: ROOT.
ROOT Ratings for January 17:
| Term → | Near |
Mid |
Long |
|---|
| Rating |
Strong |
Strong |
Strong |
| P1 |
0 |
0 |
54.74 |
| P2 |
89.09 |
82.37 |
77.93 |
| P3 |
94.48 |
89.87 |
107.85 |
AI Generated Signals for ROOT
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 Root Inc. (NASDAQ: ROOT) report below can help you understand how to do this. The trading plans for ROOT, 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 ROOT:
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