How the (CMSC) price action is used to our Advantage
July 30, 2024, 15:36 pm ET, BY Jeff W.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for CMSC
- Buy CMSC slightly over 24 target 24.88 stop loss @ 23.93 Details
The technical summary data tells us to buy CMSC near 24 with an upside target of 24.88. This data also tells us to set a stop loss @ 23.93 to protect against excessive loss in case the stock begins to move against the trade. 24 is the first level of support below 24.22 , and by rule, any test of support is a buy signal. In this case, support 24 would be being tested, so a buy signal would exist.
- Short CMSC slightly under 24.88, target 24, stop loss @ 24.95 Details
The technical summary data is suggesting a short of CMSC as it gets near 24.88 with a downside target of 24. We should have a stop loss in place at 24.95though. 24.88 is the first level of resistance above 24.22, and by rule, any test of resistance is a short signal. In this case, if resistance 24.88 is being tested, so a short signal would exist.
Swing Trading Plans for CMSC
- Buy CMSC slightly over 24.88, target n/a, Stop Loss @ 24.81 Details
If 24.88 begins to break higher, the technical summary data tells us to buy CMSC just slightly over 24.88, with an upside target of n/a. The data also tells us to set a stop loss @ 24.81 in case the stock turns against the trade. 24.88 is the first level of resistance above 24.22, and by rule, any break above resistance is a buy signal. In this case, 24.88, 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 CMSC slightly near 24.88, target 24.18, Stop Loss @ 24.95. Details
The technical summary data is suggesting a short of CMSC if it tests 24.88 with a downside target of 24.18. We should have a stop loss in place at 24.95 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, 24.88, 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 CMSC
- Buy CMSC slightly over 24.25, target 24.88, Stop Loss @ 24.19 Details
If 24.25 begins to break higher, the technical summary data tells us to buy CMSC just slightly over 24.25, with an upside target of 24.88. The data also tells us to set a stop loss @ 24.19 in case the stock turns against the trade. 24.25 is the first level of resistance above 24.22, and by rule, any break above resistance is a buy signal. In this case, 24.25, 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 CMSC slightly near 24.25, target n/a, Stop Loss @ 24.31. Details
The technical summary data is suggesting a short of CMSC if it tests 24.25 with a downside target of n/a. We should have a stop loss in place at 24.31 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, 24.25, 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 Cms Energy Corporation 5.875% Junior Subordinated Notes Due 2078 (CMSC) available here: CMSC.
CMSC Ratings for July 30:
Term → | Near |
Mid |
Long |
Rating |
Neutral |
Neutral |
Neutral |
P1 |
0 |
0 |
24 |
P2 |
24.25 |
24.18 |
24.88 |
P3 |
0 |
|
25.71 |
AI Generated Signals for CMSC
Blue = Current Price
Red= Resistance
Green = Support
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Our job as #investors is to pay attention to the #stocks we own. Part of that involves looking at the #fundamentals, but half of the disclosure comes from looking at price action. The Cms Energy Corporation 5.875% Junior Subordinated Notes Due 2078 (NASDAQ: CMSC) data table below can help you with price action, and we have more details too. Trading plans for CMSC are shown here too; these plans are updated in real time for subscribers, where this report is static. If you want an update, or a report on a different stock, please get one here Unlimited Real Time Reports.
Fundamental Charts for CMSC: