Trading (TCMD) With Integrated Risk Controls
November 04, 2024, 14:24 pm ET, BY Jeff W.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for TCMD
- Buy TCMD near 13.46 target 15.14 stop loss @ 13.42 Details
The technical summary data tells us to buy TCMD near 13.46 with an upside target of 15.14. This data also tells us to set a stop loss @ 13.42 to protect against excessive loss in case the stock begins to move against the trade. 13.46 is the first level of support below 15.05 , and by rule, any test of support is a buy signal. In this case, support 13.46 is being tested, a buy signal would exist.
- Short TCMD slightly under 15.14, target 13.46, stop loss @ 15.18 Details
The technical summary data is suggesting a short of TCMD as it gets near 15.14 with a downside target of 13.46. We should have a stop loss in place at 15.18though. 15.14 is the first level of resistance above 15.05, and by rule, any test of resistance is a short signal. In this case, if resistance 15.14 is being tested, a short signal would exist.
Swing Trading Plans for TCMD
- Buy TCMD slightly over 15.14, target n/a, Stop Loss @ 15.1 Details
If 15.14 begins to break higher, the technical summary data tells us to buy TCMD just slightly over 15.14, with an upside target of n/a. The data also tells us to set a stop loss @ 15.1 in case the stock turns against the trade. 15.14 is the first level of resistance above 15.05, and by rule, any break above resistance is a buy signal. In this case, 15.14, 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 TCMD slightly near 15.14, target 14.82, Stop Loss @ 15.18. Details
The technical summary data is suggesting a short of TCMD if it tests 15.14 with a downside target of 14.82. We should have a stop loss in place at 15.18 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, 15.14, 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 TCMD
- Buy TCMD slightly over 15.14, target n/a, Stop Loss @ 15.1 Details
If 15.14 begins to break higher, the technical summary data tells us to buy TCMD just slightly over 15.14, with an upside target of n/a. The data also tells us to set a stop loss @ 15.1 in case the stock turns against the trade. 15.14 is the first level of resistance above 15.05, and by rule, any break above resistance is a buy signal. In this case, 15.14, 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 TCMD slightly near 15.14, target 14.82, Stop Loss @ 15.18. Details
The technical summary data is suggesting a short of TCMD if it tests 15.14 with a downside target of 14.82. We should have a stop loss in place at 15.18 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, 15.14, 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 Tactile Systems Technology Inc. (TCMD) available here: TCMD.
TCMD Ratings for November 04:
Term → | Near |
Mid |
Long |
Rating |
Strong |
Neutral |
Neutral |
P1 |
0 |
0 |
11.72 |
P2 |
14.82 |
14.4 |
13.46 |
P3 |
0 |
14.82 |
15.14 |
AI Generated Signals for TCMD
Blue = Current Price
Red= Resistance
Green = Support
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Fundamental Charts for TCMD: