How the price action of Kansas City Southern (KSU) is used to our Advantage

September 11, 2021, 09:00 am ET, BY Bill- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

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  Kansas City Southern (NYSE: KSU) data table below can help you with price action, and we have more details too. Trading plans for KSU 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.

Longer Term Trading Plans for KSU

• Buy KSU slightly over 278.07 target 302.72 stop loss @ 277.27 Details

The technical summary data tells us to buy KSU near 278.07 with an upside target of 302.72. This data also tells us to set a stop loss @ 277.27 to protect against excessive loss in case the stock begins to move against the trade. 278.07 is the first level of support below 280 , and by rule, any test of support is a buy signal. In this case, support 278.07 would be being tested, so a buy signal would exist.

• Short KSU under 302.72, target 278.07, stop loss @ 303.59 Details

The technical summary data is suggesting a short of KSU as it gets near 302.72 with a downside target of 278.07. We should have a stop loss in place at 303.59though. 302.72 is the first level of resistance above 280, and by rule, any test of resistance is a short signal. In this case, if resistance 302.72 is being tested, so a short signal would exist.

Swing Trading Plans for KSU

• Buy KSU slightly over 283.42, target 289.87, Stop Loss @ 282.6 Details

If 283.42 begins to break higher, the technical summary data tells us to buy KSU just slightly over 283.42, with an upside target of 289.87. The data also tells us to set a stop loss @ 282.6 in case the stock turns against the trade. 283.42 is the first level of resistance above 280, and by rule, any break above resistance is a buy signal. In this case, 283.42, 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 KSU near 283.42, target 278.07, Stop Loss @ 284.24. Details

The technical summary data is suggesting a short of KSU if it tests 283.42 with a downside target of 278.07. We should have a stop loss in place at 284.24 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, 283.42, 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 KSU

• Buy KSU slightly over 280.60, target 283.42, Stop Loss @ 279.95 Details

If 280.60 begins to break higher, the technical summary data tells us to buy KSU just slightly over 280.60, with an upside target of 283.42. The data also tells us to set a stop loss @ 279.95 in case the stock turns against the trade. 280.60 is the first level of resistance above 280, and by rule, any break above resistance is a buy signal. In this case, 280.60, 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 KSU near 280.60, target 278.07, Stop Loss @ 281.25. Details

The technical summary data is suggesting a short of KSU if it tests 280.60 with a downside target of 278.07. We should have a stop loss in place at 281.25 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, 280.60, 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.

KSU Ratings for September 11:

Term →	Near	Mid	Long
Rating	Weak	Neutral	Strong
P1	0	0	278.07
P2	280.60	283.42	302.72
P3	285.20	289.87	328.05

Support and Resistance Plot Chart for KSU

Real Time Updates for Repeat Institutional Readers:

Factset: Request User/Pass

Bloomberg, Reuters, Refinitiv, Zacks, or IB users: Access Here.