When the Price of (NSIT) Talks, People Listen

November 10, 2024, 00:52 am ET, BY William C.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for NSIT

• NONE. Details

There is no current Support Plan to trigger a buy of this stock at this time. This usually means that there are no clear support levels at this time, so buying the stock as it falls could be considered catching a falling knife. Buy signals only exist if resistance breaks higher.
This often is a signal that the stock you are watching is weak. Waiting for a turn higher may be more intelligent than trying to catch a falling knife. In any case, new support levels are usually revised to the database at the beginning of the next trading session.

• Short NSIT slightly under 192.76, target n/a, stop loss @ 193.32 Details

The technical summary data is suggesting a short of NSIT as it gets near 192.76, but the downside target is not available from the current data. This tells us to hold that position if it is triggered until a new downside target has been established (updates occur at the beginning of every trading session) or until the position has been stopped. The summary data tells us to have a stop loss in place at 193.32. 192.76 is the first level of resistance above 170.79, and by rule, any test of resistance is a short signal. In this case, if resistance 192.76 is being tested, so a short signal would exist.

Swing Trading Plans for NSIT

• Buy NSIT slightly over 172.71, target 192.76, Stop Loss @ 172.21 Details

If 172.71 begins to break higher, the technical summary data tells us to buy NSIT just slightly over 172.71, with an upside target of 192.76. The data also tells us to set a stop loss @ 172.21 in case the stock turns against the trade. 172.71 is the first level of resistance above 170.79, and by rule, any break above resistance is a buy signal. In this case, 172.71, 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 NSIT slightly near 172.71, target 154.79, Stop Loss @ 173.21. Details

The technical summary data is suggesting a short of NSIT if it tests 172.71 with a downside target of 154.79. We should have a stop loss in place at 173.21 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, 172.71, 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 NSIT

• Buy NSIT slightly over 172.71, target 175.72, Stop Loss @ 172.31 Details

If 172.71 begins to break higher, the technical summary data tells us to buy NSIT just slightly over 172.71, with an upside target of 175.72. The data also tells us to set a stop loss @ 172.31 in case the stock turns against the trade. 172.71 is the first level of resistance above 170.79, and by rule, any break above resistance is a buy signal. In this case, 172.71, 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 NSIT slightly near 172.71, target 170.25, Stop Loss @ 173.11. Details

The technical summary data is suggesting a short of NSIT if it tests 172.71 with a downside target of 170.25. We should have a stop loss in place at 173.11 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, 172.71, 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 Insight Enterprises Inc. (NSIT) available here: NSIT.

NSIT Ratings for November 10:

Term →	Near	Mid	Long
Rating	Weak	Weak	Strong
P1	0	0	192.76
P2	170.25	154.79	213.55
P3	175.72	172.71	232.63

AI Generated Signals for NSIT

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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 Insight Enterprises Inc. (NASDAQ: NSIT) 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 NSIT 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.