Learn to Evaluate (FN) using the Charts

March 20, 2025, 16:10 pm ET, BY Jeff W.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for FN

• Buy FN near 196.56 target 234.38 stop loss @ 195.99 Details

The technical summary data tells us to buy FN near 196.56 with an upside target of 234.38. This data also tells us to set a stop loss @ 195.99 to protect against excessive loss in case the stock begins to move against the trade. 196.56 is the first level of support below 222.07 , and by rule, any test of support is a buy signal. In this case, support 196.56 would be being tested, so a buy signal would exist.

• Short FN slightly under 234.38, target 196.56, stop loss @ 235.06 Details

The technical summary data is suggesting a short of FN as it gets near 234.38 with a downside target of 196.56. We should have a stop loss in place at 235.06though. 234.38 is the first level of resistance above 222.07, and by rule, any test of resistance is a short signal. In this case, if resistance 234.38 is being tested, so a short signal would exist.

Swing Trading Plans for FN

• Buy FN slightly over 234.38, target 238.23, Stop Loss @ 233.7 Details

If 234.38 begins to break higher, the technical summary data tells us to buy FN just slightly over 234.38, with an upside target of 238.23. The data also tells us to set a stop loss @ 233.7 in case the stock turns against the trade. 234.38 is the first level of resistance above 222.07, and by rule, any break above resistance is a buy signal. In this case, 234.38, 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 FN slightly near 234.38, target 219.08, Stop Loss @ 235.06. Details

The technical summary data is suggesting a short of FN if it tests 234.38 with a downside target of 219.08. We should have a stop loss in place at 235.06 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, 234.38, 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 FN

• Buy FN slightly over 226.93, target 234.38, Stop Loss @ 226.4 Details

If 226.93 begins to break higher, the technical summary data tells us to buy FN just slightly over 226.93, with an upside target of 234.38. The data also tells us to set a stop loss @ 226.4 in case the stock turns against the trade. 226.93 is the first level of resistance above 222.07, and by rule, any break above resistance is a buy signal. In this case, 226.93, 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 FN slightly near 226.93, target 220.98, Stop Loss @ 227.46. Details

The technical summary data is suggesting a short of FN if it tests 226.93 with a downside target of 220.98. We should have a stop loss in place at 227.46 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, 226.93, 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  Fabrinet (FN) available here: FN.

FN Ratings for March 20:

Term →	Near	Mid	Long
Rating	Strong	Strong	Neutral
P1	0	0	196.56
P2	220.98	219.08	234.38
P3	226.93	238.23	272.63

AI Generated Signals for FN

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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  Fabrinet (NYSE: FN) report below can help you understand how to do this. The trading plans for FN, 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.