Learn to Evaluate (DLO) using the Charts
December 24, 2024, 08:44 am ET, BY Jeff W.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for DLO
- Buy DLO near 10.38 target n/a stop loss @ 10.35. Details
The technical summary data tells us to buy DLO near 10.38, but there is no current upside target from the summary table. In this case we should wait until either an update to the summary table has been made (which usually happens at the beginning of every trading day), or until the position has been stopped. The data does tell us to set a stop loss 10.35 to protect against excessive loss in case the stock begins to move against the trade. 10.38 is the first level of support below 11.5, and by rule, any test of support is a buy signal. In this case, if support 10.38 is being tested, a buy signal would exist.
- NONE . Details
NONE .
There are no current resistance levels from the summary table, and therefore there are no Short resistance Plans which tell us to short upon tests of resistance. Resistance levels have broken higher and unless the stock reverses lower and below support levels again short positions look risky.
Swing Trading Plans for DLO
- Buy DLO slightly over 12.08, target n/a, Stop Loss @ 12.05 Details
If 12.08 begins to break higher, the technical summary data tells us to buy DLO just slightly over 12.08, with an upside target of n/a. The data also tells us to set a stop loss @ 12.05 in case the stock turns against the trade. 12.08 is the first level of resistance above 11.5, and by rule, any break above resistance is a buy signal. In this case, 12.08, 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 DLO slightly near 12.08, target 11.34, Stop Loss @ 12.11. Details
The technical summary data is suggesting a short of DLO if it tests 12.08 with a downside target of 11.34. We should have a stop loss in place at 12.11 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, 12.08, 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 DLO
- Buy DLO slightly over 11.66, target 12.08, Stop Loss @ 11.63 Details
If 11.66 begins to break higher, the technical summary data tells us to buy DLO just slightly over 11.66, with an upside target of 12.08. The data also tells us to set a stop loss @ 11.63 in case the stock turns against the trade. 11.66 is the first level of resistance above 11.5, and by rule, any break above resistance is a buy signal. In this case, 11.66, 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 DLO slightly near 11.66, target 11.34, Stop Loss @ 11.69. Details
The technical summary data is suggesting a short of DLO if it tests 11.66 with a downside target of 11.34. We should have a stop loss in place at 11.69 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, 11.66, 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 Dlocal Limited (DLO) available here: DLO.
DLO Ratings for December 24:
| Term → | Near |
Mid |
Long |
|---|
| Rating |
Weak |
Neutral |
Weak |
| P1 |
0 |
0 |
4.4 |
| P2 |
10.95 |
11.34 |
7.29 |
| P3 |
11.66 |
12.08 |
10.38 |
AI Generated Signals for DLO
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 Dlocal Limited (NYSE: DLO) report below can help you understand how to do this. The trading plans for DLO, 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 DLO:
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