Trading (TTP) With Integrated Risk Controls
November 04, 2024, 19:00 pm ET, BY Simon M.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for TTP
- Buy TTP near 43.15 target 45.54 stop loss @ 43.03 Details
The technical summary data tells us to buy TTP near 43.15 with an upside target of 45.54. This data also tells us to set a stop loss @ 43.03 to protect against excessive loss in case the stock begins to move against the trade. 43.15 is the first level of support below 45.04 , and by rule, any test of support is a buy signal. In this case, support 43.15 is being tested, a buy signal would exist.
- Short TTP slightly under 45.54, target 43.15, stop loss @ 45.67 Details
The technical summary data is suggesting a short of TTP as it gets near 45.54 with a downside target of 43.15. We should have a stop loss in place at 45.67though. 45.54 is the first level of resistance above 45.04, and by rule, any test of resistance is a short signal. In this case, if resistance 45.54 is being tested, a short signal would exist.
Swing Trading Plans for TTP
- Buy TTP slightly over 45.54, target n/a, Stop Loss @ 45.41 Details
If 45.54 begins to break higher, the technical summary data tells us to buy TTP just slightly over 45.54, with an upside target of n/a. The data also tells us to set a stop loss @ 45.41 in case the stock turns against the trade. 45.54 is the first level of resistance above 45.04, and by rule, any break above resistance is a buy signal. In this case, 45.54, 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 TTP slightly near 45.54, target 44.8, Stop Loss @ 45.67. Details
The technical summary data is suggesting a short of TTP if it tests 45.54 with a downside target of 44.8. We should have a stop loss in place at 45.67 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, 45.54, 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 TTP
- Buy TTP slightly over 45.54, target n/a, Stop Loss @ 45.43 Details
If 45.54 begins to break higher, the technical summary data tells us to buy TTP just slightly over 45.54, with an upside target of n/a. The data also tells us to set a stop loss @ 45.43 in case the stock turns against the trade. 45.54 is the first level of resistance above 45.04, and by rule, any break above resistance is a buy signal. In this case, 45.54, 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 TTP slightly near 45.54, target 45.01, Stop Loss @ 45.65. Details
The technical summary data is suggesting a short of TTP if it tests 45.54 with a downside target of 45.01. We should have a stop loss in place at 45.65 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, 45.54, 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 Tortoise Pipeline & Energy Fund Inc. (TTP) available here: TTP.
TTP Ratings for November 04:
| Term → | Near |
Mid |
Long |
|---|
| Rating |
Neutral |
Neutral |
Strong |
| P1 |
0 |
0 |
40.58 |
| P2 |
44.59 |
44.3 |
43.15 |
| P3 |
45.01 |
44.8 |
45.54 |
AI Generated Signals for TTP
Blue = Current Price
Red= Resistance
Green = Support
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Price matters most to #makingmoney in the #stockmarket. Celebrating 20 years, Stock Traders Daily provides the tools that help you develop investment strategies, and this is a good example. When we couple this with our market based analysis, the probabilities of going with the flow increases, and that is material over time. The Tortoise Pipeline & Energy Fund Inc. (NYSE: TTP) report below can help you, but we have more details too. The trading plans for TTP, and the other 1000+ stocks we follow, are updated in real time for subscribers, but this report is static. If you want an update, or a different report, please get one here Unlimited Real Time Reports.
Fundamental Charts for TTP:
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