When the Price of (ENSG) Talks, People Listen
December 03, 2024, 08:08 am ET, BY William C.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for ENSG
- Buy ENSG near 140.87 target 150.51 stop loss @ 140.46 Details
The technical summary data tells us to buy ENSG near 140.87 with an upside target of 150.51. This data also tells us to set a stop loss @ 140.46 to protect against excessive loss in case the stock begins to move against the trade. 140.87 is the first level of support below 145.15 , and by rule, any test of support is a buy signal. In this case, support 140.87 would be being tested, so a buy signal would exist.
- Short ENSG slightly under 150.51, target 140.87, stop loss @ 150.94 Details
The technical summary data is suggesting a short of ENSG as it gets near 150.51 with a downside target of 140.87. We should have a stop loss in place at 150.94though. 150.51 is the first level of resistance above 145.15, and by rule, any test of resistance is a short signal. In this case, if resistance 150.51 is being tested, so a short signal would exist.
Swing Trading Plans for ENSG
- Buy ENSG slightly over 147.6, target 150.51, Stop Loss @ 147.17 Details
If 147.6 begins to break higher, the technical summary data tells us to buy ENSG just slightly over 147.6, with an upside target of 150.51. The data also tells us to set a stop loss @ 147.17 in case the stock turns against the trade. 147.6 is the first level of resistance above 145.15, and by rule, any break above resistance is a buy signal. In this case, 147.6, 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 ENSG slightly near 147.6, target 143.89, Stop Loss @ 148.03. Details
The technical summary data is suggesting a short of ENSG if it tests 147.6 with a downside target of 143.89. We should have a stop loss in place at 148.03 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, 147.6, 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 ENSG
- Buy ENSG slightly over 146.1, target 147.6, Stop Loss @ 145.76 Details
If 146.1 begins to break higher, the technical summary data tells us to buy ENSG just slightly over 146.1, with an upside target of 147.6. The data also tells us to set a stop loss @ 145.76 in case the stock turns against the trade. 146.1 is the first level of resistance above 145.15, and by rule, any break above resistance is a buy signal. In this case, 146.1, 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 ENSG slightly near 146.1, target 145.04, Stop Loss @ 146.44. Details
The technical summary data is suggesting a short of ENSG if it tests 146.1 with a downside target of 145.04. We should have a stop loss in place at 146.44 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, 146.1, 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 The Ensign Group Inc. (ENSG) available here: ENSG.
ENSG Ratings for December 03:
| Term → | Near |
Mid |
Long |
|---|
| Rating |
Neutral |
Neutral |
Strong |
| P1 |
0 |
0 |
140.87 |
| P2 |
145.04 |
143.89 |
150.51 |
| P3 |
146.1 |
147.6 |
160.82 |
AI Generated Signals for ENSG
Blue = Current Price
Red= Resistance
Green = Support
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This is not EF Hutton, but it could be more #powerful. A picture speaks a thousand words, they say, and the #priceaction of The Ensign Group Inc. (NASDAQ: ENSG) tells an important story. The movement tells us where investors perceive value, or the lack of it, and if we pay attention we can capture opportunity. The data below for ENSG can be used as an example, and demonstrate how to do this for other stocks too. This data was current at the time of publication, but it is not updated in real time here. If you want real time updates, or data on a different stock, please get one here Unlimited Real Time Reports.
Fundamental Charts for ENSG:
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