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How the price action of Arthur J. Gallagher (AJG) is used to our Advantage

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  Arthur J. Gallagher (NYSE: AJG) data table below can help you with price action, and we have more details too. Trading plans for AJG 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.

Longer Term Trading Plans for AJG
  • Buy AJG slightly over 157.99 target 170.10 stop loss @ 157.53 Details
  • The technical summary data tells us to buy AJG near 157.99 with an upside target of 170.10. This data also tells us to set a stop loss @ 157.53 to protect against excessive loss in case the stock begins to move against the trade. 157.99 is the first level of support below 164.63 , and by rule, any test of support is a buy signal. In this case, support 157.99 would be being tested, so a buy signal would exist.

  • Short AJG under 170.10, target 157.99, stop loss @ 170.59 Details
  • The technical summary data is suggesting a short of AJG as it gets near 170.10 with a downside target of 157.99. We should have a stop loss in place at 170.59though. 170.10 is the first level of resistance above 164.63, and by rule, any test of resistance is a short signal. In this case, if resistance 170.10 is being tested, so a short signal would exist.

Swing Trading Plans for AJG
  • Buy AJG slightly over 169.69, target 170.10, Stop Loss @ 169.2 Details
  • If 169.69 begins to break higher, the technical summary data tells us to buy AJG just slightly over 169.69, with an upside target of 170.10. The data also tells us to set a stop loss @ 169.2 in case the stock turns against the trade. 169.69 is the first level of resistance above 164.63, and by rule, any break above resistance is a buy signal. In this case, 169.69, 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 AJG near 169.69, target 163.33, Stop Loss @ 170.18. Details
  • The technical summary data is suggesting a short of AJG if it tests 169.69 with a downside target of 163.33. We should have a stop loss in place at 170.18 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, 169.69, 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 AJG
  • Buy AJG slightly over 165.01, target 169.69, Stop Loss @ 164.63 Details
  • If 165.01 begins to break higher, the technical summary data tells us to buy AJG just slightly over 165.01, with an upside target of 169.69. The data also tells us to set a stop loss @ 164.63 in case the stock turns against the trade. 165.01 is the first level of resistance above 164.63, and by rule, any break above resistance is a buy signal. In this case, 165.01, 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 AJG near 165.01, target 163.33, Stop Loss @ 165.39. Details
  • The technical summary data is suggesting a short of AJG if it tests 165.01 with a downside target of 163.33. We should have a stop loss in place at 165.39 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, 165.01, 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.

AJG Ratings for July 03:

Term →Near Mid Long
Rating Weak Neutral Strong
P1 0 0 157.99
P2 162.04 163.33 170.10
P3 165.01 169.69 182.13
Triggers may have already come
Support and Resistance Plot Chart for AJG

AJG Long Term Analysis for July 3 2022

Blue = Current Price
Red= Resistance
Green = Support

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