When the Price of (LFUS) Talks, People Listen

September 01, 2024, 08:58 am ET, BY Momei- Contributor, Stock Traders Daily| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for LFUS

• Buy LFUS slightly over 254.74 target 274.53 stop loss @ 254 Details

The technical summary data tells us to buy LFUS near 254.74 with an upside target of 274.53. This data also tells us to set a stop loss @ 254 to protect against excessive loss in case the stock begins to move against the trade. 254.74 is the first level of support below 272.2 , and by rule, any test of support is a buy signal. In this case, support 254.74 is being tested, a buy signal would exist.

• Short LFUS slightly under 274.53, target 254.74, stop loss @ 275.32 Details

The technical summary data is suggesting a short of LFUS as it gets near 274.53 with a downside target of 254.74. We should have a stop loss in place at 275.32though. 274.53 is the first level of resistance above 272.2, and by rule, any test of resistance is a short signal. In this case, if resistance 274.53 is being tested, a short signal would exist.

Swing Trading Plans for LFUS

• Buy LFUS slightly over 274.53, target 277.82, Stop Loss @ 273.74 Details

If 274.53 begins to break higher, the technical summary data tells us to buy LFUS just slightly over 274.53, with an upside target of 277.82. The data also tells us to set a stop loss @ 273.74 in case the stock turns against the trade. 274.53 is the first level of resistance above 272.2, and by rule, any break above resistance is a buy signal. In this case, 274.53, 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 LFUS slightly near 274.53, target 270.61, Stop Loss @ 275.32. Details

The technical summary data is suggesting a short of LFUS if it tests 274.53 with a downside target of 270.61. We should have a stop loss in place at 275.32 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, 274.53, 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 LFUS

• Buy LFUS slightly over 273.68, target 274.53, Stop Loss @ 273.04 Details

If 273.68 begins to break higher, the technical summary data tells us to buy LFUS just slightly over 273.68, with an upside target of 274.53. The data also tells us to set a stop loss @ 273.04 in case the stock turns against the trade. 273.68 is the first level of resistance above 272.2, and by rule, any break above resistance is a buy signal. In this case, 273.68, 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 LFUS slightly near 273.68, target 270.61, Stop Loss @ 274.32. Details

The technical summary data is suggesting a short of LFUS if it tests 273.68 with a downside target of 270.61. We should have a stop loss in place at 274.32 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, 273.68, 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 Littelfuse Inc. (LFUS) available here: LFUS.

LFUS Ratings for September 01:

Term →	Near	Mid	Long
Rating	Neutral	Strong	Neutral
P1	0	0	236.26
P2	269.01	270.61	254.74
P3	273.68	277.82	274.53

AI Generated Signals for LFUS

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This is not EF Hutton, but it could be more #powerful.  A picture speaks a thousand words, they say, and the #priceaction of Littelfuse Inc. (NASDAQ: LFUS) tells an important story.  The movement tells us where investors perceive value, or the lack of it, and if we pay attention we can capture opportunity.  The data below for LFUS can be used as an example, and demonstrate how to do this for other stocks too.  This data was current at the time of publication, but it is not updated in real time here. If you want real time updates, or data on a different stock, please get one here Unlimited Real Time Reports.