How the (DHR) price action is used to our Advantage
September 27, 2024, 10:52 am ET, BY Simon M.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for DHR
- Buy DHR near 274.9 target 289.38 stop loss @ 274.11 Details
The technical summary data tells us to buy DHR near 274.9 with an upside target of 289.38. This data also tells us to set a stop loss @ 274.11 to protect against excessive loss in case the stock begins to move against the trade. 274.9 is the first level of support below 277.81 , and by rule, any test of support is a buy signal. In this case, support 274.9 is being tested, a buy signal would exist.
- Short DHR slightly under 289.38, target 274.9, stop loss @ 290.22 Details
The technical summary data is suggesting a short of DHR as it gets near 289.38 with a downside target of 274.9. We should have a stop loss in place at 290.22though. 289.38 is the first level of resistance above 277.81, and by rule, any test of resistance is a short signal. In this case, if resistance 289.38 is being tested, a short signal would exist.
Swing Trading Plans for DHR
- Buy DHR slightly over 289.38, target n/a, Stop Loss @ 288.54 Details
If 289.38 begins to break higher, the technical summary data tells us to buy DHR just slightly over 289.38, with an upside target of n/a. The data also tells us to set a stop loss @ 288.54 in case the stock turns against the trade. 289.38 is the first level of resistance above 277.81, and by rule, any break above resistance is a buy signal. In this case, 289.38, 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 DHR slightly near 289.38, target 276.96, Stop Loss @ 290.22. Details
The technical summary data is suggesting a short of DHR if it tests 289.38 with a downside target of 276.96. We should have a stop loss in place at 290.22 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, 289.38, 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 DHR
- Buy DHR slightly over 289.38, target n/a, Stop Loss @ 288.7 Details
If 289.38 begins to break higher, the technical summary data tells us to buy DHR just slightly over 289.38, with an upside target of n/a. The data also tells us to set a stop loss @ 288.7 in case the stock turns against the trade. 289.38 is the first level of resistance above 277.81, and by rule, any break above resistance is a buy signal. In this case, 289.38, 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 DHR slightly near 289.38, target 276.96, Stop Loss @ 290.06. Details
The technical summary data is suggesting a short of DHR if it tests 289.38 with a downside target of 276.96. We should have a stop loss in place at 290.06 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, 289.38, 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 Danaher Corporation (DHR) available here: DHR.
DHR Ratings for September 27:
| Term → | Near |
Mid |
Long |
|---|
| Rating |
Neutral |
Neutral |
Strong |
| P1 |
0 |
0 |
258.93 |
| P2 |
270.5 |
270.78 |
274.9 |
| P3 |
275.54 |
276.96 |
289.38 |
AI Generated Signals for DHR
Blue = Current Price
Red= Resistance
Green = Support
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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 Danaher Corporation (NYSE: DHR) data table below can help you with price action, and we have more details too. Trading plans for DHR 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.
Fundamental Charts for DHR:
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