How the (ZBRA) price action is used to our Advantage

April 06, 2024, 00:18 am ET, BY William C.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for ZBRA

• Buy ZBRA slightly over 287.96 target n/a stop loss @ 287.13. Details

The technical summary data tells us to buy ZBRA near 287.96, but there is no current upside target from the summary table. In this case we should wait until either an update to the summary table has been made (which usually happens at the beginning of every trading day), or until the position has been stopped. The data does tell us to set a stop loss 287.13 to protect against excessive loss in case the stock begins to move against the trade. 287.96 is the first level of support below 290.38, and by rule, any test of support is a buy signal. In this case, if support 287.96 is being tested, a buy signal would exist.

• NONE . Details

NONE .
There are no current resistance levels from the summary table, and therefore there are no Short resistance Plans which tell us to short upon tests of resistance. Resistance levels have broken higher and unless the stock reverses lower and below support levels again short positions look risky.

Swing Trading Plans for ZBRA

• Buy ZBRA slightly over 295.17, target 305.31, Stop Loss @ 294.32 Details

If 295.17 begins to break higher, the technical summary data tells us to buy ZBRA just slightly over 295.17, with an upside target of 305.31. The data also tells us to set a stop loss @ 294.32 in case the stock turns against the trade. 295.17 is the first level of resistance above 290.38, and by rule, any break above resistance is a buy signal. In this case, 295.17, 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 ZBRA slightly near 295.17, target 287.96, Stop Loss @ 296.02. Details

The technical summary data is suggesting a short of ZBRA if it tests 295.17 with a downside target of 287.96. We should have a stop loss in place at 296.02 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, 295.17, 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 ZBRA

• Buy ZBRA slightly over 291.04, target 295.17, Stop Loss @ 290.36 Details

If 291.04 begins to break higher, the technical summary data tells us to buy ZBRA just slightly over 291.04, with an upside target of 295.17. The data also tells us to set a stop loss @ 290.36 in case the stock turns against the trade. 291.04 is the first level of resistance above 290.38, and by rule, any break above resistance is a buy signal. In this case, 291.04, 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 ZBRA slightly near 291.04, target 287.96, Stop Loss @ 291.72. Details

The technical summary data is suggesting a short of ZBRA if it tests 291.04 with a downside target of 287.96. We should have a stop loss in place at 291.72 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, 291.04, 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  Zebra Technologies Corporation (ZBRA) available here: ZBRA.

ZBRA Ratings for April 06:

Term →	Near	Mid	Long
Rating	Weak	Strong	Neutral
P1	0	0	216.3
P2	291.04	295.17	252.33
P3	297.42	305.31	287.96

AI Generated Signals for ZBRA

Real Time Updates for Repeat Institutional Readers:

• Factset: Request User/Pass
• Bloomberg, Reuters, Refinitiv, Zacks, or IB users: Access Here.

Instructions:

• Click the Get Real Time Updates button below.

• In the login prompt, select forgot username

• Type the email you use for Factset

• Use the user/pass you receive to login

• You will have 24/7 access to real time updates.

From then on you can just click to get the real time update whenever you want.

GET REAL TIME UPDATES

Market Crash Leading Indicator

Our Market Crash Leading Indicator isEvitar Corte.

• Evitar Corte warned of market crash risk four times since 2000.

• It identified the Internet Debacle before it happened.

• It identified the Credit Crisis before it happened.

• It identified the Corona Crash too.

• See what Evitar Corte is Saying Now.

Get Notified When our Ratings Change:Take a Trial

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  Zebra Technologies Corporation (NASDAQ: ZBRA) data table below can help you with price action, and we have more details too. Trading plans for ZBRA 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.