Learn to Evaluate (ASND) using the Charts
October 20, 2024, 01:36 am ET, BY Momei- Contributor, Stock Traders Daily| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for ASND
- Buy ASND near 125.37 target 145.23 stop loss @ 125.01 Details
The technical summary data tells us to buy ASND near 125.37 with an upside target of 145.23. This data also tells us to set a stop loss @ 125.01 to protect against excessive loss in case the stock begins to move against the trade. 125.37 is the first level of support below 129.9 , and by rule, any test of support is a buy signal. In this case, support 125.37 would be being tested, so a buy signal would exist.
- Short ASND slightly under 145.23, target 125.37, stop loss @ 145.65 Details
The technical summary data is suggesting a short of ASND as it gets near 145.23 with a downside target of 125.37. We should have a stop loss in place at 145.65though. 145.23 is the first level of resistance above 129.9, and by rule, any test of resistance is a short signal. In this case, if resistance 145.23 is being tested, so a short signal would exist.
Swing Trading Plans for ASND
- Buy ASND slightly over 145.23, target 165.57, Stop Loss @ 144.81 Details
If 145.23 begins to break higher, the technical summary data tells us to buy ASND just slightly over 145.23, with an upside target of 165.57. The data also tells us to set a stop loss @ 144.81 in case the stock turns against the trade. 145.23 is the first level of resistance above 129.9, and by rule, any break above resistance is a buy signal. In this case, 145.23, 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 ASND slightly near 145.23, target 127.2, Stop Loss @ 145.65. Details
The technical summary data is suggesting a short of ASND if it tests 145.23 with a downside target of 127.2. We should have a stop loss in place at 145.65 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, 145.23, 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 ASND
- Buy ASND slightly over 145.23, target 165.57, Stop Loss @ 144.89 Details
If 145.23 begins to break higher, the technical summary data tells us to buy ASND just slightly over 145.23, with an upside target of 165.57. The data also tells us to set a stop loss @ 144.89 in case the stock turns against the trade. 145.23 is the first level of resistance above 129.9, and by rule, any break above resistance is a buy signal. In this case, 145.23, 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 ASND slightly near 145.23, target 129.25, Stop Loss @ 145.57. Details
The technical summary data is suggesting a short of ASND if it tests 145.23 with a downside target of 129.25. We should have a stop loss in place at 145.57 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, 145.23, 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 Ascendis Pharma A/s (ASND) available here: ASND.
ASND Ratings for October 20:
| Term → | Near |
Mid |
Long |
|---|
| Rating |
Neutral |
Weak |
Strong |
| P1 |
0 |
0 |
125.37 |
| P2 |
126.21 |
120.44 |
145.23 |
| P3 |
129.25 |
127.2 |
165.57 |
AI Generated Signals for ASND
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 Ascendis Pharma A/s (NASDAQ: ASND) report below can help you understand how to do this. The trading plans for ASND, 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 ASND:
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