Trading (D) With Integrated Risk Controls
February 06, 2024, 00:30 am ET, BY Bill- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for D
- Buy D slightly over 43.86 target 47.28 stop loss @ 43.73 Details
The technical summary data tells us to buy D near 43.86 with an upside target of 47.28. This data also tells us to set a stop loss @ 43.73 to protect against excessive loss in case the stock begins to move against the trade. 43.86 is the first level of support below 44.69 , and by rule, any test of support is a buy signal. In this case, support 43.86 is being tested, a buy signal would exist.
- Short D slightly under 47.28, target 43.86, stop loss @ 47.42 Details
The technical summary data is suggesting a short of D as it gets near 47.28 with a downside target of 43.86. We should have a stop loss in place at 47.42though. 47.28 is the first level of resistance above 44.69, and by rule, any test of resistance is a short signal. In this case, if resistance 47.28 is being tested, a short signal would exist.
Swing Trading Plans for D
- Buy D slightly over 45.14, target 46.35, Stop Loss @ 45.01 Details
If 45.14 begins to break higher, the technical summary data tells us to buy D just slightly over 45.14, with an upside target of 46.35. The data also tells us to set a stop loss @ 45.01 in case the stock turns against the trade. 45.14 is the first level of resistance above 44.69, and by rule, any break above resistance is a buy signal. In this case, 45.14, 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 D slightly near 45.14, target 43.86, Stop Loss @ 45.27. Details
The technical summary data is suggesting a short of D if it tests 45.14 with a downside target of 43.86. We should have a stop loss in place at 45.27 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, 45.14, 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 D
- Buy D slightly over 44.85, target 45.14, Stop Loss @ 44.75 Details
If 44.85 begins to break higher, the technical summary data tells us to buy D just slightly over 44.85, with an upside target of 45.14. The data also tells us to set a stop loss @ 44.75 in case the stock turns against the trade. 44.85 is the first level of resistance above 44.69, and by rule, any break above resistance is a buy signal. In this case, 44.85, 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 D slightly near 44.85, target 43.86, Stop Loss @ 44.95. Details
The technical summary data is suggesting a short of D if it tests 44.85 with a downside target of 43.86. We should have a stop loss in place at 44.95 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, 44.85, 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 Dominion Energy Inc. (D) available here: D.
D Ratings for February 06:
Term → | Near |
Mid |
Long |
Rating |
Neutral |
Neutral |
Weak |
P1 |
0 |
0 |
40.15 |
P2 |
44.85 |
45.14 |
43.86 |
P3 |
45.74 |
46.35 |
47.28 |
AI Generated Signals for D
Blue = Current Price
Red= Resistance
Green = Support
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Fundamental Charts for D: