When the Price of (EXP) Talks, People Listen

October 08, 2024, 06:52 am ET, BY Bill- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for EXP

• Buy EXP near 275.14 target 307.35 stop loss @ 274.35 Details

The technical summary data tells us to buy EXP near 275.14 with an upside target of 307.35. This data also tells us to set a stop loss @ 274.35 to protect against excessive loss in case the stock begins to move against the trade. 275.14 is the first level of support below 284.72 , and by rule, any test of support is a buy signal. In this case, support 275.14 is being tested, a buy signal would exist.

• Short EXP slightly under 307.35, target 275.14, stop loss @ 308.24 Details

The technical summary data is suggesting a short of EXP as it gets near 307.35 with a downside target of 275.14. We should have a stop loss in place at 308.24though. 307.35 is the first level of resistance above 284.72, and by rule, any test of resistance is a short signal. In this case, if resistance 307.35 is being tested, a short signal would exist.

Swing Trading Plans for EXP

• Buy EXP slightly over 285.45, target 307.35, Stop Loss @ 284.63 Details

If 285.45 begins to break higher, the technical summary data tells us to buy EXP just slightly over 285.45, with an upside target of 307.35. The data also tells us to set a stop loss @ 284.63 in case the stock turns against the trade. 285.45 is the first level of resistance above 284.72, and by rule, any break above resistance is a buy signal. In this case, 285.45, 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 EXP slightly near 285.45, target 280.09, Stop Loss @ 286.27. Details

The technical summary data is suggesting a short of EXP if it tests 285.45 with a downside target of 280.09. We should have a stop loss in place at 286.27 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, 285.45, 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 EXP

• Buy EXP slightly over 285.59, target 307.35, Stop Loss @ 284.92 Details

If 285.59 begins to break higher, the technical summary data tells us to buy EXP just slightly over 285.59, with an upside target of 307.35. The data also tells us to set a stop loss @ 284.92 in case the stock turns against the trade. 285.59 is the first level of resistance above 284.72, and by rule, any break above resistance is a buy signal. In this case, 285.59, 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 EXP slightly near 285.59, target 281.6, Stop Loss @ 286.26. Details

The technical summary data is suggesting a short of EXP if it tests 285.59 with a downside target of 281.6. We should have a stop loss in place at 286.26 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, 285.59, 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 Eagle Materials Inc (EXP) available here: EXP.

EXP Ratings for October 08:

Term →	Near	Mid	Long
Rating	Neutral	Neutral	Strong
P1	0	0	242.72
P2	281.6	280.09	275.14
P3	285.59	285.45	307.35

AI Generated Signals for EXP

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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 Eagle Materials Inc (NYSE: EXP) 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 EXP 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.