Trading (AON) With Integrated Risk Controls

January 16, 2024, 19:24 pm ET, BY Jesse F.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for AON

• Buy AON slightly over 299.79 target 319.81 stop loss @ 298.92 Details

The technical summary data tells us to buy AON near 299.79 with an upside target of 319.81. This data also tells us to set a stop loss @ 298.92 to protect against excessive loss in case the stock begins to move against the trade. 299.79 is the first level of support below 300.32 , and by rule, any test of support is a buy signal. In this case, support 299.79 would be being tested, so a buy signal would exist.

• Short AON slightly under 319.81, target 299.79, stop loss @ 320.73 Details

The technical summary data is suggesting a short of AON as it gets near 319.81 with a downside target of 299.79. We should have a stop loss in place at 320.73though. 319.81 is the first level of resistance above 300.32, and by rule, any test of resistance is a short signal. In this case, if resistance 319.81 is being tested, so a short signal would exist.

Swing Trading Plans for AON

• Buy AON slightly over 301.75, target 319.81, Stop Loss @ 300.88 Details

If 301.75 begins to break higher, the technical summary data tells us to buy AON just slightly over 301.75, with an upside target of 319.81. The data also tells us to set a stop loss @ 300.88 in case the stock turns against the trade. 301.75 is the first level of resistance above 300.32, and by rule, any break above resistance is a buy signal. In this case, 301.75, 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 AON slightly near 301.75, target 299.79, Stop Loss @ 302.62. Details

The technical summary data is suggesting a short of AON if it tests 301.75 with a downside target of 299.79. We should have a stop loss in place at 302.62 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, 301.75, 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 AON

• Buy AON slightly over 301.75, target 302.96, Stop Loss @ 301.05 Details

If 301.75 begins to break higher, the technical summary data tells us to buy AON just slightly over 301.75, with an upside target of 302.96. The data also tells us to set a stop loss @ 301.05 in case the stock turns against the trade. 301.75 is the first level of resistance above 300.32, and by rule, any break above resistance is a buy signal. In this case, 301.75, 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 AON slightly near 301.75, target 300.18, Stop Loss @ 302.45. Details

The technical summary data is suggesting a short of AON if it tests 301.75 with a downside target of 300.18. We should have a stop loss in place at 302.45 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, 301.75, 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 Aon Plc Class A (ireland) (AON) available here: AON.

AON Ratings for January 16:

Term →	Near	Mid	Long
Rating	Strong	Neutral	Neutral
P1	0	0	299.79
P2	300.18	296.77	319.81
P3	302.96	301.75	339.83

AI Generated Signals for AON

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Price matters most to #makingmoney in the #stockmarket. Celebrating 20 years, Stock Traders Daily provides the tools that help you develop investment strategies, and this is a good example. When we couple this with our market based analysis, the probabilities of going with the flow increases, and that is material over time. The Aon Plc Class A (ireland) (NYSE: AON) report below can help you, but we have more details too. The trading plans for AON, and the other 1000+ stocks we follow, are updated in real time for subscribers, but this report is static. If you want an update, or a different report, please get one here Unlimited Real Time Reports.