When Norfolk Southern ($NSC) Moves Investors should Listen
September 23, 2023, 22:15 pm ET, BY Bill- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for NSC
- Buy NSC slightly over 193.48 target 212.76 stop loss @ 192.92 Details
The technical summary data tells us to buy NSC near 193.48 with an upside target of 212.76. This data also tells us to set a stop loss @ 192.92 to protect against excessive loss in case the stock begins to move against the trade. 193.48 is the first level of support below 202.5 , and by rule, any test of support is a buy signal. In this case, support 193.48 would be being tested, so a buy signal would exist.
- Short NSC slightly under 212.76, target 193.48, stop loss @ 213.37 Details
The technical summary data is suggesting a short of NSC as it gets near 212.76 with a downside target of 193.48. We should have a stop loss in place at 213.37though. 212.76 is the first level of resistance above 202.5, and by rule, any test of resistance is a short signal. In this case, if resistance 212.76 is being tested, so a short signal would exist.
Swing Trading Plans for NSC
- Buy NSC slightly over 207.94, target 212.76, Stop Loss @ 207.34 Details
If 207.94 begins to break higher, the technical summary data tells us to buy NSC just slightly over 207.94, with an upside target of 212.76. The data also tells us to set a stop loss @ 207.34 in case the stock turns against the trade. 207.94 is the first level of resistance above 202.5, and by rule, any break above resistance is a buy signal. In this case, 207.94, 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 NSC slightly near 207.94, target 201.25, Stop Loss @ 208.54. Details
The technical summary data is suggesting a short of NSC if it tests 207.94 with a downside target of 201.25. We should have a stop loss in place at 208.54 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, 207.94, 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 NSC
- Buy NSC slightly over 204.84, target 207.94, Stop Loss @ 204.36 Details
If 204.84 begins to break higher, the technical summary data tells us to buy NSC just slightly over 204.84, with an upside target of 207.94. The data also tells us to set a stop loss @ 204.36 in case the stock turns against the trade. 204.84 is the first level of resistance above 202.5, and by rule, any break above resistance is a buy signal. In this case, 204.84, 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 NSC slightly near 204.84, target 201.25, Stop Loss @ 205.32. Details
The technical summary data is suggesting a short of NSC if it tests 204.84 with a downside target of 201.25. We should have a stop loss in place at 205.32 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, 204.84, 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 Norfolk Southern (NSC) available here: NSC.
NSC Ratings for September 23:
| Term → | Near |
Mid |
Long |
|---|
| Rating |
Strong |
Weak |
Neutral |
| P1 |
0 |
0 |
193.48 |
| P2 |
200.99 |
201.25 |
212.76 |
| P3 |
204.84 |
207.94 |
232.00 |
AI Generated Signals for NSC
Blue = Current Price
Red= Resistance
Green = Support
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How do we know what is going on #behindthescenes of a company? According to Stock Traders Daily, a 20-year #financialindustry innovator, the best way to do this to to watch the price action in the stock. The Norfolk Southern (NYSE: NSC) report below is a real world example. Included are trading plans for NSC, but this report is static. If you want an update, or a different stock, please get one here Unlimited Real Time Reports.
Fundamental Charts for NSC:
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