(DIT) Proactive Strategies

March 05, 2025, 12:08 pm ET, BY Joseph H.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for DIT

• Buy DIT near 123.7 target 140.4 stop loss @ 123.34 Details

The technical summary data tells us to buy DIT near 123.7 with an upside target of 140.4. This data also tells us to set a stop loss @ 123.34 to protect against excessive loss in case the stock begins to move against the trade. 123.7 is the first level of support below 132.99 , and by rule, any test of support is a buy signal. In this case, support 123.7 is being tested, a buy signal would exist.

• Short DIT slightly under 140.4, target 123.7, stop loss @ 140.81 Details

The technical summary data is suggesting a short of DIT as it gets near 140.4 with a downside target of 123.7. We should have a stop loss in place at 140.81though. 140.4 is the first level of resistance above 132.99, and by rule, any test of resistance is a short signal. In this case, if resistance 140.4 is being tested, a short signal would exist.

Swing Trading Plans for DIT

• Buy DIT slightly over 136.58, target 140.4, Stop Loss @ 136.19 Details

If 136.58 begins to break higher, the technical summary data tells us to buy DIT just slightly over 136.58, with an upside target of 140.4. The data also tells us to set a stop loss @ 136.19 in case the stock turns against the trade. 136.58 is the first level of resistance above 132.99, and by rule, any break above resistance is a buy signal. In this case, 136.58, 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 DIT slightly near 136.58, target 130, Stop Loss @ 136.97. Details

The technical summary data is suggesting a short of DIT if it tests 136.58 with a downside target of 130. We should have a stop loss in place at 136.97 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, 136.58, 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 DIT

• Buy DIT slightly over 133.93, target 136.58, Stop Loss @ 133.62 Details

If 133.93 begins to break higher, the technical summary data tells us to buy DIT just slightly over 133.93, with an upside target of 136.58. The data also tells us to set a stop loss @ 133.62 in case the stock turns against the trade. 133.93 is the first level of resistance above 132.99, and by rule, any break above resistance is a buy signal. In this case, 133.93, 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 DIT slightly near 133.93, target 130.57, Stop Loss @ 134.24. Details

The technical summary data is suggesting a short of DIT if it tests 133.93 with a downside target of 130.57. We should have a stop loss in place at 134.24 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, 133.93, 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 Amcon Distributing Company (DIT) available here: DIT.

DIT Ratings for March 05:

AI Generated Signals for DIT

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Don't over think it!  Trading Amcon Distributing Company (NYSE: DIT) or any other stock can be rewarding if the simple rules of technical analysis are observed before making any decisions.  This should be an integral part of the investment process.

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This is a static report, the data below was valid at the time of the publication, but support and resistance levels for DIT change over time, so the report should be updated regularly.  Real Time updates are provided to subscribers.  Unlimited Real Time Reports.

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Instructions:

The rules that govern the data in this report are the rules of Technical Analysis.  For example, if DIT is testing support buy signals surface, and resistance is the target.  Conversely, if resistance is being tested, that is a sign to control risk or short, and support would be the downside target accordingly.  In each case, the trigger point is designed to be both an ideal place to enter a position (avoid trading in the middle of a trading channel), and it acts as a level of risk control too.

Swing Trades, Day Trades, and Longer term Trading Plans:

This data is refined to differentiate trading plans for Day Trading, Swing Trading, and Long Term Investing plans for DIT too.  All of these are offered below the Summary Table.