Trading (ATLCP) With Integrated Risk Controls

July 29, 2024, 22:08 pm ET, BY Jesse F.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for ATLCP

• Buy ATLCP slightly over 22.07 target 23.42 stop loss @ 22.01 Details

The technical summary data tells us to buy ATLCP near 22.07 with an upside target of 23.42. This data also tells us to set a stop loss @ 22.01 to protect against excessive loss in case the stock begins to move against the trade. 22.07 is the first level of support below 22.94 , and by rule, any test of support is a buy signal. In this case, support 22.07 would be being tested, so a buy signal would exist.

• Short ATLCP slightly under 23.42, target 22.07, stop loss @ 23.49 Details

The technical summary data is suggesting a short of ATLCP as it gets near 23.42 with a downside target of 22.07. We should have a stop loss in place at 23.49though. 23.42 is the first level of resistance above 22.94, and by rule, any test of resistance is a short signal. In this case, if resistance 23.42 is being tested, so a short signal would exist.

Swing Trading Plans for ATLCP

• Buy ATLCP slightly over 23.14, target 23.42, Stop Loss @ 23.07 Details

If 23.14 begins to break higher, the technical summary data tells us to buy ATLCP just slightly over 23.14, with an upside target of 23.42. The data also tells us to set a stop loss @ 23.07 in case the stock turns against the trade. 23.14 is the first level of resistance above 22.94, and by rule, any break above resistance is a buy signal. In this case, 23.14, 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 ATLCP slightly near 23.14, target 22.39, Stop Loss @ 23.21. Details

The technical summary data is suggesting a short of ATLCP if it tests 23.14 with a downside target of 22.39. We should have a stop loss in place at 23.21 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, 23.14, 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 ATLCP

• Buy ATLCP slightly over 23.14, target 23.42, Stop Loss @ 23.09 Details

If 23.14 begins to break higher, the technical summary data tells us to buy ATLCP just slightly over 23.14, with an upside target of 23.42. The data also tells us to set a stop loss @ 23.09 in case the stock turns against the trade. 23.14 is the first level of resistance above 22.94, and by rule, any break above resistance is a buy signal. In this case, 23.14, 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 ATLCP slightly near 23.14, target 22.39, Stop Loss @ 23.19. Details

The technical summary data is suggesting a short of ATLCP if it tests 23.14 with a downside target of 22.39. We should have a stop loss in place at 23.19 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, 23.14, 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 Atlanticus Holdings Corporation 7.625% Series B Cumulative Perpetual Preferred Stock No Par Value Per Share (ATLCP) available here: ATLCP.

ATLCP Ratings for July 29:

Term →	Near	Mid	Long
Rating	Weak	Neutral	Strong
P1	0	0	22.07
P2	22.3	22.39	23.42
P3	23.02	23.14	24.82

AI Generated Signals for ATLCP

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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 Atlanticus Holdings Corporation 7.625% Series B Cumulative Perpetual Preferred Stock No Par Value Per Share (NASDAQ: ATLCP) report below can help you, but we have more details too. The trading plans for ATLCP, 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.