pool adsManaging Risk in Ncr #NCR by Using Price Action
The #priceaction in Ncr (NYSE: NCR) can help investors find #opportunity and integrate #riskmanagement tools. Stock Traders Daily has demonstrated that in this article. Review The plans for NCR below, and you will see how this works. Keep in mind, this data is current, but it is not real time. If you want a real time updates, or data on a different stock, please get one here Unlimited Real Time Reports.
Technical Summary
| Term → | Near | Mid | Long |
|---|---|---|---|
| Rating | Strong | Strong | Strong |
| P1 | 0 | 0 | 34.34 |
| P2 | 41.47 | 40.95 | 38.60 |
| P3 | 42.26 | 42.20 | 43.34 |
Support and Resistance Plot Chart for NCR
Long Term Trading Plans for NCR
April 25, 2021, 3:30 pm ET
The Technical Summary and Trading Plans for NCR help you determine where to buy, sell, and set risk controls. The data is best used in conjunction with our Market Analysis and Stock Correlation Filters too, because those help us go with the flow of the market as well. Going with the flow is extremely important, so review our Market Analysis with this NCR Report.
NCR - (Long) Support Plan
The technical summary data tells us to buy NCR near 38.60 with an upside target of 43.34. This data also tells us to set a stop loss @ 38.49 to protect against excessive loss in case the stock begins to move against the trade. 38.60 is the first level of support below 41.87 , and by rule, any test of support is a buy signal. In this case, support 38.60 is being tested, a buy signal would exist.
NCR - (Short) Resistance Plan
The technical summary data is suggesting a short of NCR as it gets near 43.34 with a downside target of 38.60. We should have a stop loss in place at 43.47though. 43.34 is the first level of resistance above 41.87, and by rule, any test of resistance is a short signal. In this case, if resistance 43.34 is being tested, a short signal would exist.
Blue = Current Price
Red= Resistance
Green = Support
Real Time Updates for Repeat Institutional Readers:
Factset: Request User/Pass
Bloomberg, Reuters, Refinitiv, Zacks, or IB users: Access Here.
Our Market Crash Leading Indicator is Evitar Corte.
Evitar Corte warned of market crash risk four times since 2000.
It identified the Internet Debacle before it happened.
It identified the Credit Crisis before it happened.
It identified the Corona Crash too.
See what Evitar Corte is Saying Now.
Get Notified When our Ratings Change: Take a Trial
