Learn to Evaluate (LAMR) using the Charts
December 15, 2024, 14:28 pm ET, BY Momei- Contributor, Stock Traders Daily| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for LAMR
- Buy LAMR near 126.56 target 133.29 stop loss @ 126.19 Details
The technical summary data tells us to buy LAMR near 126.56 with an upside target of 133.29. This data also tells us to set a stop loss @ 126.19 to protect against excessive loss in case the stock begins to move against the trade. 126.56 is the first level of support below 129 , and by rule, any test of support is a buy signal. In this case, support 126.56 would be being tested, so a buy signal would exist.
- Short LAMR slightly under 133.29, target 126.56, stop loss @ 133.67 Details
The technical summary data is suggesting a short of LAMR as it gets near 133.29 with a downside target of 126.56. We should have a stop loss in place at 133.67though. 133.29 is the first level of resistance above 129, and by rule, any test of resistance is a short signal. In this case, if resistance 133.29 is being tested, so a short signal would exist.
Swing Trading Plans for LAMR
- Buy LAMR slightly over 130, target 133.29, Stop Loss @ 129.62 Details
If 130 begins to break higher, the technical summary data tells us to buy LAMR just slightly over 130, with an upside target of 133.29. The data also tells us to set a stop loss @ 129.62 in case the stock turns against the trade. 130 is the first level of resistance above 129, and by rule, any break above resistance is a buy signal. In this case, 130, 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 LAMR slightly near 130, target 127.99, Stop Loss @ 130.38. Details
The technical summary data is suggesting a short of LAMR if it tests 130 with a downside target of 127.99. We should have a stop loss in place at 130.38 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, 130, 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 LAMR
- Buy LAMR slightly over 129.15, target 130, Stop Loss @ 128.85 Details
If 129.15 begins to break higher, the technical summary data tells us to buy LAMR just slightly over 129.15, with an upside target of 130. The data also tells us to set a stop loss @ 128.85 in case the stock turns against the trade. 129.15 is the first level of resistance above 129, and by rule, any break above resistance is a buy signal. In this case, 129.15, 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 LAMR slightly near 129.15, target 127.99, Stop Loss @ 129.45. Details
The technical summary data is suggesting a short of LAMR if it tests 129.15 with a downside target of 127.99. We should have a stop loss in place at 129.45 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, 129.15, 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 Lamar Advertising Company (LAMR) available here: LAMR.
LAMR Ratings for December 15:
| Term → | Near |
Mid |
Long |
|---|
| Rating |
Weak |
Neutral |
Strong |
| P1 |
0 |
0 |
126.56 |
| P2 |
127.74 |
127.99 |
133.29 |
| P3 |
129.15 |
130 |
139.94 |
AI Generated Signals for LAMR
Blue = Current Price
Red= Resistance
Green = Support
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When #institutionalinvestors make decisions to buy and sell #stocks they normally want to keep it quiet. However, if we pay close attention we can see what is going on, and make good decisions.. The Lamar Advertising Company (NASDAQ: LAMR) report below can help you understand how to do this. The trading plans for LAMR, are updated in real time for subscribers, but this report is static. If you want an update, or a different report on a different stock, please get one here Unlimited Real Time Reports.
Fundamental Charts for LAMR:
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