When (EXP) Moves Investors should Listen
May 08, 2024, 06:02 am ET, BY Robert S.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for EXP
- Buy EXP slightly over 250.36 target 276.39 stop loss @ 249.64 Details
The technical summary data tells us to buy EXP near 250.36 with an upside target of 276.39. This data also tells us to set a stop loss @ 249.64 to protect against excessive loss in case the stock begins to move against the trade. 250.36 is the first level of support below 268.33 , and by rule, any test of support is a buy signal. In this case, support 250.36 is being tested, a buy signal would exist.
- Short EXP slightly under 276.39, target 250.36, stop loss @ 277.19 Details
The technical summary data is suggesting a short of EXP as it gets near 276.39 with a downside target of 250.36. We should have a stop loss in place at 277.19though. 276.39 is the first level of resistance above 268.33, and by rule, any test of resistance is a short signal. In this case, if resistance 276.39 is being tested, a short signal would exist.
Swing Trading Plans for EXP
- Buy EXP slightly over 269.51, target 276.39, Stop Loss @ 268.73 Details
If 269.51 begins to break higher, the technical summary data tells us to buy EXP just slightly over 269.51, with an upside target of 276.39. The data also tells us to set a stop loss @ 268.73 in case the stock turns against the trade. 269.51 is the first level of resistance above 268.33, and by rule, any break above resistance is a buy signal. In this case, 269.51, 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 EXP slightly near 269.51, target 260.11, Stop Loss @ 270.29. Details
The technical summary data is suggesting a short of EXP if it tests 269.51 with a downside target of 260.11. We should have a stop loss in place at 270.29 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, 269.51, 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 EXP
- Buy EXP slightly over 268.84, target 269.51, Stop Loss @ 268.21 Details
If 268.84 begins to break higher, the technical summary data tells us to buy EXP just slightly over 268.84, with an upside target of 269.51. The data also tells us to set a stop loss @ 268.21 in case the stock turns against the trade. 268.84 is the first level of resistance above 268.33, and by rule, any break above resistance is a buy signal. In this case, 268.84, 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 EXP slightly near 268.84, target 260.11, Stop Loss @ 269.47. Details
The technical summary data is suggesting a short of EXP if it tests 268.84 with a downside target of 260.11. We should have a stop loss in place at 269.47 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, 268.84, 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 Eagle Materials Inc (EXP) available here: EXP.
EXP Ratings for May 08:
| Term → | Near |
Mid |
Long |
|---|
| Rating |
Strong |
Strong |
Strong |
| P1 |
0 |
0 |
224.38 |
| P2 |
268.84 |
260.11 |
250.36 |
| P3 |
273.84 |
269.51 |
276.39 |
AI Generated Signals for EXP
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 Eagle Materials Inc (NYSE: EXP) report below is a real world example. Included are trading plans for EXP, 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 EXP:
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