Ch Robinson Worldwide CHRW Trading Signals

Source: Stock Traders Daily

Longer Term Trading Plans for CHRW
  • Buy CHRW over 107.19 target 115.56 stop loss @ 106.88 Details
  • The technical summary data tells us to buy CHRW near 107.19 with an upside target of 115.56. This data also tells us to set a stop loss @ 106.88 to protect against excessive loss in case the stock begins to move against the trade. 107.19 is the first level of support below 109.74 , and by rule, any test of support is a buy signal. In this case, support 107.19 is being tested, a buy signal would exist.

  • Short CHRW under 115.56, target 107.19, stop loss @ 115.89 Details
  • The technical summary data is suggesting a short of CHRW as it gets near 115.56 with a downside target of 107.19. We should have a stop loss in place at 115.89though. 115.56 is the first level of resistance above 109.74, and by rule, any test of resistance is a short signal. In this case, if resistance 115.56 is being tested, a short signal would exist.

Swing Trading Plans for CHRW
  • Buy CHRW over 112.32, target 115.56, Stop Loss @ 112 Details
  • If 112.32 begins to break higher, the technical summary data tells us to buy CHRW just over 112.32, with an upside target of 115.56. The data also tells us to set a stop loss @ 112 in case the stock turns against the trade. 112.32 is the first level of resistance above 109.74, and by rule, any break above resistance is a buy signal. In this case, 112.32, 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 CHRW near 112.32, target 107.19, Stop Loss @ 112.64. Details
  • The technical summary data is suggesting a short of CHRW if it tests 112.32 with a downside target of 107.19. We should have a stop loss in place at 112.64 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, 112.32, 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 CHRW
  • Buy CHRW over 112.32, target 114.67, Stop Loss @ 112.06 Details
  • If 112.32 begins to break higher, the technical summary data tells us to buy CHRW just over 112.32, with an upside target of 114.67. The data also tells us to set a stop loss @ 112.06 in case the stock turns against the trade. 112.32 is the first level of resistance above 109.74, and by rule, any break above resistance is a buy signal. In this case, 112.32, 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 CHRW near 112.32, target 109.15, Stop Loss @ 112.58. Details
  • The technical summary data is suggesting a short of CHRW if it tests 112.32 with a downside target of 109.15. We should have a stop loss in place at 112.58 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, 112.32, 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.

CHRW Ratings for August 06:

Term →Near Mid Long
Rating Strong Neutral Strong
P1 0 0 98.75
P2 109.15 107.18 107.19
P3 114.67 112.32 115.56

Get Notified When our Ratings Change: Take a Trial


CHRW Long Term Analysis for August 6 2022


CHRW Swing Trading Analysis for August 6 2022


CHRW Day Trading Analysis for August 6 2022

Trading Ch Robinson Worldwide (NASDAQ: CHRW) can be efficient and rewarding, especially in volatile markets, so long as the important pivot points for the stock are observed before making decisions to buy, sell, or short.

Warning:

This is a static report, the data below was valid at the time of the publication, but support and resistance levels for CHRW change over time, so the report should be updated regularly.  Real Time updates are provided to subscribers.  Unlimited Real Time Reports.

Subscribers also receive market analysis, stock correlation tools, macroeconomic observations, timing tools, and protection from market crashes using Evitar Corte.  

Instructions:

The rules that govern the data in this report are the rules of Technical Analysis.  For example, if CHRW is testing support buy signals surface, and resistance is the target.  Conversely, if resistance is being tested, that is a sign to control risk or short, and support would be the downside target accordingly.  In each case, the trigger point is designed to be both an ideal place to enter a position (avoid trading in the middle of a trading channel), and it acts as a level of risk control too.

Evitar Corte monitors the FOMC for Market Crash signals:
AD