When (PLXS) Moves Investors should Listen

December 22, 2024, 17:42 pm ET, BY Momei- Contributor, Stock Traders Daily| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for PLXS

• Buy PLXS near 150.72 target 166.3 stop loss @ 150.28 Details

The technical summary data tells us to buy PLXS near 150.72 with an upside target of 166.3. This data also tells us to set a stop loss @ 150.28 to protect against excessive loss in case the stock begins to move against the trade. 150.72 is the first level of support below 159.07 , and by rule, any test of support is a buy signal. In this case, support 150.72 is being tested, a buy signal would exist.

• Short PLXS slightly under 166.3, target 150.72, stop loss @ 166.78 Details

The technical summary data is suggesting a short of PLXS as it gets near 166.3 with a downside target of 150.72. We should have a stop loss in place at 166.78though. 166.3 is the first level of resistance above 159.07, and by rule, any test of resistance is a short signal. In this case, if resistance 166.3 is being tested, a short signal would exist.

Swing Trading Plans for PLXS

• Buy PLXS slightly over 160.28, target 165.47, Stop Loss @ 159.82 Details

If 160.28 begins to break higher, the technical summary data tells us to buy PLXS just slightly over 160.28, with an upside target of 165.47. The data also tells us to set a stop loss @ 159.82 in case the stock turns against the trade. 160.28 is the first level of resistance above 159.07, and by rule, any break above resistance is a buy signal. In this case, 160.28, 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 PLXS slightly near 160.28, target 150.72, Stop Loss @ 160.74. Details

The technical summary data is suggesting a short of PLXS if it tests 160.28 with a downside target of 150.72. We should have a stop loss in place at 160.74 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, 160.28, 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 PLXS

• Buy PLXS slightly over 160.28, target 161.31, Stop Loss @ 159.91 Details

If 160.28 begins to break higher, the technical summary data tells us to buy PLXS just slightly over 160.28, with an upside target of 161.31. The data also tells us to set a stop loss @ 159.91 in case the stock turns against the trade. 160.28 is the first level of resistance above 159.07, and by rule, any break above resistance is a buy signal. In this case, 160.28, 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 PLXS slightly near 160.28, target 157.98, Stop Loss @ 160.65. Details

The technical summary data is suggesting a short of PLXS if it tests 160.28 with a downside target of 157.98. We should have a stop loss in place at 160.65 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, 160.28, 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  Plexus Corp. (PLXS) available here: PLXS.

PLXS Ratings for December 22:

Term →	Near	Mid	Long
Rating	Weak	Neutral	Strong
P1	0	0	136.21
P2	157.98	160.28	150.72
P3	161.31	165.47	166.3

AI Generated Signals for PLXS

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