When (INTU) Moves Investors should Listen
June 28, 2024, 10:04 am ET, BY Jesse F.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for INTU
- Buy INTU slightly over 604.53 target 658.99 stop loss @ 602.78 Details
The technical summary data tells us to buy INTU near 604.53 with an upside target of 658.99. This data also tells us to set a stop loss @ 602.78 to protect against excessive loss in case the stock begins to move against the trade. 604.53 is the first level of support below 653.9 , and by rule, any test of support is a buy signal. In this case, support 604.53 would be being tested, so a buy signal would exist.
- Short INTU slightly under 658.99, target 604.53, stop loss @ 660.89 Details
The technical summary data is suggesting a short of INTU as it gets near 658.99 with a downside target of 604.53. We should have a stop loss in place at 660.89though. 658.99 is the first level of resistance above 653.9, and by rule, any test of resistance is a short signal. In this case, if resistance 658.99 is being tested, so a short signal would exist.
Swing Trading Plans for INTU
- Buy INTU slightly over 654.95, target 658.99, Stop Loss @ 653.06 Details
If 654.95 begins to break higher, the technical summary data tells us to buy INTU just slightly over 654.95, with an upside target of 658.99. The data also tells us to set a stop loss @ 653.06 in case the stock turns against the trade. 654.95 is the first level of resistance above 653.9, and by rule, any break above resistance is a buy signal. In this case, 654.95, 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 INTU slightly near 654.95, target 640.43, Stop Loss @ 656.84. Details
The technical summary data is suggesting a short of INTU if it tests 654.95 with a downside target of 640.43. We should have a stop loss in place at 656.84 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, 654.95, 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 INTU
- Buy INTU slightly over 654.08, target 654.95, Stop Loss @ 652.55 Details
If 654.08 begins to break higher, the technical summary data tells us to buy INTU just slightly over 654.08, with an upside target of 654.95. The data also tells us to set a stop loss @ 652.55 in case the stock turns against the trade. 654.08 is the first level of resistance above 653.9, and by rule, any break above resistance is a buy signal. In this case, 654.08, 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 INTU slightly near 654.08, target 642.57, Stop Loss @ 655.61. Details
The technical summary data is suggesting a short of INTU if it tests 654.08 with a downside target of 642.57. We should have a stop loss in place at 655.61 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, 654.08, 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 Intuit Inc. (INTU) available here: INTU.
INTU Ratings for June 28:
| Term → | Near |
Mid |
Long |
|---|
| Rating |
Strong |
Strong |
Strong |
| P1 |
0 |
0 |
604.53 |
| P2 |
642.57 |
640.43 |
658.99 |
| P3 |
654.08 |
654.95 |
711.42 |
AI Generated Signals for INTU
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
How do we know what is going on #behindthescenes of a company? According to Stock Traders Daily, a 20-year #financialindustry innovator, the best way to do this to to watch the price action in the stock. The Intuit Inc. (NASDAQ: INTU) report below is a real world example. Included are trading plans for INTU, but this report is static. If you want an update, or a different stock, please get one here Unlimited Real Time Reports.
Fundamental Charts for INTU:
pool ads
