When the Price of Moody's MCO Talks, People Listen

Source: Stock Traders Daily

Longer Term Trading Plans for MCO
  • NONE. Details
  • There is no current Support Plan to trigger a buy of this stock at this time. This usually means that there are no clear support levels at this time, so buying the stock as it falls could be considered catching a falling knife. Buy signals only exist if resistance breaks higher.
    This often is a signal that the stock you are watching is weak. Waiting for a turn higher may be more intelligent than trying to catch a falling knife. In any case, new support levels are usually revised to the database at the beginning of the next trading session.

  • Short MCO under 286.81, target n/a, stop loss @ 287.64 Details
  • The technical summary data is suggesting a short of MCO as it gets near 286.81, but the downside target is not available from the current data. This tells us to hold that position if it is triggered until a new downside target has been established (updates occur at the beginning of every trading session) or until the position has been stopped. The summary data tells us to have a stop loss in place at 287.64. 286.81 is the first level of resistance above 274.91, and by rule, any test of resistance is a short signal. In this case, if resistance 286.81 is being tested, so a short signal would exist.

Swing Trading Plans for MCO
  • Buy MCO over 281.74, target 286.81, Stop Loss @ 280.93 Details
  • If 281.74 begins to break higher, the technical summary data tells us to buy MCO just over 281.74, with an upside target of 286.81. The data also tells us to set a stop loss @ 280.93 in case the stock turns against the trade. 281.74 is the first level of resistance above 274.91, and by rule, any break above resistance is a buy signal. In this case, 281.74, 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 MCO near 281.74, target 268.37, Stop Loss @ 282.55. Details
  • The technical summary data is suggesting a short of MCO if it tests 281.74 with a downside target of 268.37. We should have a stop loss in place at 282.55 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, 281.74, 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 MCO
  • Buy MCO over 281.74, target 286.81, Stop Loss @ 281.08 Details
  • If 281.74 begins to break higher, the technical summary data tells us to buy MCO just over 281.74, with an upside target of 286.81. The data also tells us to set a stop loss @ 281.08 in case the stock turns against the trade. 281.74 is the first level of resistance above 274.91, and by rule, any break above resistance is a buy signal. In this case, 281.74, 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 MCO near 281.74, target 273.78, Stop Loss @ 282.4. Details
  • The technical summary data is suggesting a short of MCO if it tests 281.74 with a downside target of 273.78. We should have a stop loss in place at 282.4 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, 281.74, 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.

MCO Ratings for July 02:

Term →Near Mid Long
Rating Weak Weak Weak
P1 0 0 286.81
P2 268.32 268.37 321.04
P3 273.78 281.74 355.45

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MCO Long Term Analysis for July 2 2022


MCO Swing Trading Analysis for July 2 2022


MCO Day Trading Analysis for July 2 2022

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