(MUSA) Trading Signals

November 13, 2024, 22:20 pm ET, BY Momei- Contributor, Stock Traders Daily| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for MUSA

• Buy MUSA near 524 target 558.16 stop loss @ 522.49 Details

The technical summary data tells us to buy MUSA near 524 with an upside target of 558.16. This data also tells us to set a stop loss @ 522.49 to protect against excessive loss in case the stock begins to move against the trade. 524 is the first level of support below 527.58 , and by rule, any test of support is a buy signal. In this case, support 524 is being tested, a buy signal would exist.

• Short MUSA slightly under 558.16, target 524, stop loss @ 559.77 Details

The technical summary data is suggesting a short of MUSA as it gets near 558.16 with a downside target of 524. We should have a stop loss in place at 559.77though. 558.16 is the first level of resistance above 527.58, and by rule, any test of resistance is a short signal. In this case, if resistance 558.16 is being tested, a short signal would exist.

Swing Trading Plans for MUSA

• Buy MUSA slightly over 540.73, target 558.16, Stop Loss @ 539.17 Details

If 540.73 begins to break higher, the technical summary data tells us to buy MUSA just slightly over 540.73, with an upside target of 558.16. The data also tells us to set a stop loss @ 539.17 in case the stock turns against the trade. 540.73 is the first level of resistance above 527.58, and by rule, any break above resistance is a buy signal. In this case, 540.73, 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 MUSA slightly near 540.73, target 525.43, Stop Loss @ 542.29. Details

The technical summary data is suggesting a short of MUSA if it tests 540.73 with a downside target of 525.43. We should have a stop loss in place at 542.29 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, 540.73, 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 MUSA

• Buy MUSA slightly over 528.42, target 537.68, Stop Loss @ 527.19 Details

If 528.42 begins to break higher, the technical summary data tells us to buy MUSA just slightly over 528.42, with an upside target of 537.68. The data also tells us to set a stop loss @ 527.19 in case the stock turns against the trade. 528.42 is the first level of resistance above 527.58, and by rule, any break above resistance is a buy signal. In this case, 528.42, 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 MUSA slightly near 528.42, target 525.43, Stop Loss @ 529.65. Details

The technical summary data is suggesting a short of MUSA if it tests 528.42 with a downside target of 525.43. We should have a stop loss in place at 529.65 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, 528.42, 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 Murphy Usa Inc. (MUSA) available here: MUSA.

MUSA Ratings for November 13:

Term →	Near	Mid	Long
Rating	Strong	Strong	Strong
P1	0	0	490.57
P2	528.42	525.43	524
P3	537.68	540.73	558.16

AI Generated Signals for MUSA

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Trading Murphy Usa Inc. (NASDAQ: MUSA) can be efficient and rewarding, especially in volatile markets, so long as the important pivot points for the stock are observed before making decisions to buy, sell, or short.

Warning:

This is a static report, the data below was valid at the time of the publication, but support and resistance levels for MUSA change over time, so the report should be updated regularly.  Real Time updates are provided to subscribers.  Unlimited Real Time Reports.

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Instructions:

The rules that govern the data in this report are the rules of Technical Analysis.  For example, if MUSA is testing support buy signals surface, and resistance is the target.  Conversely, if resistance is being tested, that is a sign to control risk or short, and support would be the downside target accordingly.  In each case, the trigger point is designed to be both an ideal place to enter a position (avoid trading in the middle of a trading channel), and it acts as a level of risk control too.

Swing Trades, Day Trades, and Longer term Trading Plans:

This data is refined to differentiate trading plans for Day Trading, Swing Trading, and Long Term Investing plans for MUSA too.  All of these are offered below the Summary Table.