Trading (CASY) With Integrated Risk Controls

August 21, 2024, 06:54 am ET, BY Robert S.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for CASY

• Buy CASY slightly over 370.62 target 395.89 stop loss @ 369.55 Details

The technical summary data tells us to buy CASY near 370.62 with an upside target of 395.89. This data also tells us to set a stop loss @ 369.55 to protect against excessive loss in case the stock begins to move against the trade. 370.62 is the first level of support below 374.82 , and by rule, any test of support is a buy signal. In this case, support 370.62 is being tested, a buy signal would exist.

• Short CASY slightly under 395.89, target 370.62, stop loss @ 397.03 Details

The technical summary data is suggesting a short of CASY as it gets near 395.89 with a downside target of 370.62. We should have a stop loss in place at 397.03though. 395.89 is the first level of resistance above 374.82, and by rule, any test of resistance is a short signal. In this case, if resistance 395.89 is being tested, a short signal would exist.

Swing Trading Plans for CASY

• Buy CASY slightly over 383.99, target 395.89, Stop Loss @ 382.88 Details

If 383.99 begins to break higher, the technical summary data tells us to buy CASY just slightly over 383.99, with an upside target of 395.89. The data also tells us to set a stop loss @ 382.88 in case the stock turns against the trade. 383.99 is the first level of resistance above 374.82, and by rule, any break above resistance is a buy signal. In this case, 383.99, 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 383.99, target 373.18, Stop Loss @ 385.1. Details

The technical summary data is suggesting a short of CASY if it tests 383.99 with a downside target of 373.18. We should have a stop loss in place at 385.1 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, 383.99, 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 378.91, target 383.99, Stop Loss @ 378.03 Details

If 378.91 begins to break higher, the technical summary data tells us to buy CASY just slightly over 378.91, with an upside target of 383.99. The data also tells us to set a stop loss @ 378.03 in case the stock turns against the trade. 378.91 is the first level of resistance above 374.82, and by rule, any break above resistance is a buy signal. In this case, 378.91, 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 378.91, target 373.18, Stop Loss @ 379.79. Details

The technical summary data is suggesting a short of CASY if it tests 378.91 with a downside target of 373.18. We should have a stop loss in place at 379.79 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, 378.91, 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 August 21:

Term →	Near	Mid	Long
Rating	Strong	Neutral	Strong
P1	0	0	346.89
P2	378.91	373.18	370.62
P3	388.14	383.99	395.89

AI Generated Signals for CASY

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