Learn to Evaluate (CHTR) using the Charts
October 08, 2024, 03:20 am ET, BY Scott B.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for CHTR
- Buy CHTR near 293.05 target 347.24 stop loss @ 292.2 Details
The technical summary data tells us to buy CHTR near 293.05 with an upside target of 347.24. This data also tells us to set a stop loss @ 292.2 to protect against excessive loss in case the stock begins to move against the trade. 293.05 is the first level of support below 324.57 , and by rule, any test of support is a buy signal. In this case, support 293.05 is being tested, a buy signal would exist.
- Short CHTR slightly under 347.24, target 293.05, stop loss @ 348.24 Details
The technical summary data is suggesting a short of CHTR as it gets near 347.24 with a downside target of 293.05. We should have a stop loss in place at 348.24though. 347.24 is the first level of resistance above 324.57, and by rule, any test of resistance is a short signal. In this case, if resistance 347.24 is being tested, a short signal would exist.
Swing Trading Plans for CHTR
- Buy CHTR slightly over 330.19, target 347.24, Stop Loss @ 329.24 Details
If 330.19 begins to break higher, the technical summary data tells us to buy CHTR just slightly over 330.19, with an upside target of 347.24. The data also tells us to set a stop loss @ 329.24 in case the stock turns against the trade. 330.19 is the first level of resistance above 324.57, and by rule, any break above resistance is a buy signal. In this case, 330.19, 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 CHTR slightly near 330.19, target 318.61, Stop Loss @ 331.14. Details
The technical summary data is suggesting a short of CHTR if it tests 330.19 with a downside target of 318.61. We should have a stop loss in place at 331.14 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, 330.19, 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 CHTR
- Buy CHTR slightly over 326.12, target 330.19, Stop Loss @ 325.36 Details
If 326.12 begins to break higher, the technical summary data tells us to buy CHTR just slightly over 326.12, with an upside target of 330.19. The data also tells us to set a stop loss @ 325.36 in case the stock turns against the trade. 326.12 is the first level of resistance above 324.57, and by rule, any break above resistance is a buy signal. In this case, 326.12, 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 CHTR slightly near 326.12, target 319.84, Stop Loss @ 326.88. Details
The technical summary data is suggesting a short of CHTR if it tests 326.12 with a downside target of 319.84. We should have a stop loss in place at 326.88 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, 326.12, 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 Charter Communications Inc. (CHTR) available here: CHTR.
CHTR Ratings for October 08:
| Term → | Near |
Mid |
Long |
|---|
| Rating |
Neutral |
Weak |
Weak |
| P1 |
0 |
0 |
241.34 |
| P2 |
319.84 |
318.61 |
293.05 |
| P3 |
326.12 |
330.19 |
347.24 |
AI Generated Signals for CHTR
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 Charter Communications Inc. (NASDAQ: CHTR) report below can help you understand how to do this. The trading plans for CHTR, 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 CHTR:
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