Trading (DHR) With Integrated Risk Controls
July 28, 2024, 20:00 pm ET, BY Jesse F.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for DHR
- Buy DHR slightly over 258.47 target 276 stop loss @ 257.72 Details
The technical summary data tells us to buy DHR near 258.47 with an upside target of 276. This data also tells us to set a stop loss @ 257.72 to protect against excessive loss in case the stock begins to move against the trade. 258.47 is the first level of support below 273.91 , and by rule, any test of support is a buy signal. In this case, support 258.47 is being tested, a buy signal would exist.
- Short DHR slightly under 276, target 258.47, stop loss @ 276.8 Details
The technical summary data is suggesting a short of DHR as it gets near 276 with a downside target of 258.47. We should have a stop loss in place at 276.8though. 276 is the first level of resistance above 273.91, and by rule, any test of resistance is a short signal. In this case, if resistance 276 is being tested, a short signal would exist.
Swing Trading Plans for DHR
- Buy DHR slightly over 276, target 278.02, Stop Loss @ 275.2 Details
If 276 begins to break higher, the technical summary data tells us to buy DHR just slightly over 276, with an upside target of 278.02. The data also tells us to set a stop loss @ 275.2 in case the stock turns against the trade. 276 is the first level of resistance above 273.91, and by rule, any break above resistance is a buy signal. In this case, 276, 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 DHR slightly near 276, target 262.99, Stop Loss @ 276.8. Details
The technical summary data is suggesting a short of DHR if it tests 276 with a downside target of 262.99. We should have a stop loss in place at 276.8 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, 276, 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 DHR
- Buy DHR slightly over 274.64, target 276, Stop Loss @ 274 Details
If 274.64 begins to break higher, the technical summary data tells us to buy DHR just slightly over 274.64, with an upside target of 276. The data also tells us to set a stop loss @ 274 in case the stock turns against the trade. 274.64 is the first level of resistance above 273.91, and by rule, any break above resistance is a buy signal. In this case, 274.64, 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 DHR slightly near 274.64, target 262.99, Stop Loss @ 275.28. Details
The technical summary data is suggesting a short of DHR if it tests 274.64 with a downside target of 262.99. We should have a stop loss in place at 275.28 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, 274.64, 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 Danaher Corporation (DHR) available here: DHR.
DHR Ratings for July 28:
| Term → | Near |
Mid |
Long |
|---|
| Rating |
Strong |
Strong |
Strong |
| P1 |
0 |
0 |
239.4 |
| P2 |
274.64 |
262.99 |
258.47 |
| P3 |
284.62 |
278.02 |
276 |
AI Generated Signals for DHR
Blue = Current Price
Red= Resistance
Green = Support
Real Time Updates for Repeat Institutional Readers:
Instructions:Click the Get Real Time Updates button below.
In the login prompt, select forgot username
Type the email you use for Factset
Use the user/pass you receive to login
You will have 24/7 access to real time updates.
From then on you can just click to get the real time update whenever you want.
GET REAL TIME UPDATES
Our Market Crash Leading Indicator isEvitar 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
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 Danaher Corporation (NYSE: DHR) report below can help you, but we have more details too. The trading plans for DHR, 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.
Fundamental Charts for DHR:
pool ads
