How the (ROST) price action is used to our Advantage
January 12, 2025, 23:46 pm ET, BY William C.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for ROST
- Buy ROST near 150.44 target 159.82 stop loss @ 150.01 Details
The technical summary data tells us to buy ROST near 150.44 with an upside target of 159.82. This data also tells us to set a stop loss @ 150.01 to protect against excessive loss in case the stock begins to move against the trade. 150.44 is the first level of support below 151.74 , and by rule, any test of support is a buy signal. In this case, support 150.44 is being tested, a buy signal would exist.
- Short ROST slightly under 159.82, target 150.44, stop loss @ 160.28 Details
The technical summary data is suggesting a short of ROST as it gets near 159.82 with a downside target of 150.44. We should have a stop loss in place at 160.28though. 159.82 is the first level of resistance above 151.74, and by rule, any test of resistance is a short signal. In this case, if resistance 159.82 is being tested, a short signal would exist.
Swing Trading Plans for ROST
- Buy ROST slightly over 152.76, target 156.3, Stop Loss @ 152.32 Details
If 152.76 begins to break higher, the technical summary data tells us to buy ROST just slightly over 152.76, with an upside target of 156.3. The data also tells us to set a stop loss @ 152.32 in case the stock turns against the trade. 152.76 is the first level of resistance above 151.74, and by rule, any break above resistance is a buy signal. In this case, 152.76, 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 ROST slightly near 152.76, target 150.44, Stop Loss @ 153.2. Details
The technical summary data is suggesting a short of ROST if it tests 152.76 with a downside target of 150.44. We should have a stop loss in place at 153.2 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, 152.76, 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 ROST
- Buy ROST slightly over 152.76, target 154.32, Stop Loss @ 152.4 Details
If 152.76 begins to break higher, the technical summary data tells us to buy ROST just slightly over 152.76, with an upside target of 154.32. The data also tells us to set a stop loss @ 152.4 in case the stock turns against the trade. 152.76 is the first level of resistance above 151.74, and by rule, any break above resistance is a buy signal. In this case, 152.76, 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 ROST slightly near 152.76, target 151.54, Stop Loss @ 153.12. Details
The technical summary data is suggesting a short of ROST if it tests 152.76 with a downside target of 151.54. We should have a stop loss in place at 153.12 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, 152.76, 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 Ross Stores Inc. (ROST) available here: ROST.
ROST Ratings for January 12:
| Term → | Near |
Mid |
Long |
|---|
| Rating |
Neutral |
Neutral |
Neutral |
| P1 |
0 |
0 |
141.07 |
| P2 |
151.54 |
152.76 |
150.44 |
| P3 |
154.32 |
156.3 |
159.82 |
AI Generated Signals for ROST
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 Ross Stores Inc. (NASDAQ: ROST) data table below can help you with price action, and we have more details too. Trading plans for ROST 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 ROST:
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