When the Price of (KBR) Talks, People Listen

January 31, 2024, 02:02 am ET, BY Jeff W.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for KBR

• Buy KBR slightly over 51.29 target 56.5 stop loss @ 51.14 Details

The technical summary data tells us to buy KBR near 51.29 with an upside target of 56.5. This data also tells us to set a stop loss @ 51.14 to protect against excessive loss in case the stock begins to move against the trade. 51.29 is the first level of support below 53.45 , and by rule, any test of support is a buy signal. In this case, support 51.29 would be being tested, so a buy signal would exist.

• Short KBR slightly under 56.5, target 51.29, stop loss @ 56.66 Details

The technical summary data is suggesting a short of KBR as it gets near 56.5 with a downside target of 51.29. We should have a stop loss in place at 56.66though. 56.5 is the first level of resistance above 53.45, and by rule, any test of resistance is a short signal. In this case, if resistance 56.5 is being tested, so a short signal would exist.

Swing Trading Plans for KBR

• Buy KBR slightly over 56.5, target 61.75, Stop Loss @ 56.34 Details

If 56.5 begins to break higher, the technical summary data tells us to buy KBR just slightly over 56.5, with an upside target of 61.75. The data also tells us to set a stop loss @ 56.34 in case the stock turns against the trade. 56.5 is the first level of resistance above 53.45, and by rule, any break above resistance is a buy signal. In this case, 56.5, 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 KBR slightly near 56.5, target 53.2, Stop Loss @ 56.66. Details

The technical summary data is suggesting a short of KBR if it tests 56.5 with a downside target of 53.2. We should have a stop loss in place at 56.66 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, 56.5, 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 KBR

• Buy KBR slightly over 53.46, target 56.5, Stop Loss @ 53.34 Details

If 53.46 begins to break higher, the technical summary data tells us to buy KBR just slightly over 53.46, with an upside target of 56.5. The data also tells us to set a stop loss @ 53.34 in case the stock turns against the trade. 53.46 is the first level of resistance above 53.45, and by rule, any break above resistance is a buy signal. In this case, 53.46, 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 KBR slightly near 53.46, target 53.2, Stop Loss @ 53.58. Details

The technical summary data is suggesting a short of KBR if it tests 53.46 with a downside target of 53.2. We should have a stop loss in place at 53.58 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, 53.46, 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 Kbr Inc. (KBR) available here: KBR.

KBR Ratings for January 31:

Term →	Near	Mid	Long
Rating	Neutral	Neutral	Neutral
P1	0	0	51.29
P2	52.25	51.97	56.5
P3	53.46	53.2	61.75

AI Generated Signals for KBR

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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 Kbr Inc. (NYSE: KBR) 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 KBR 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.