When the Price of (JAKK) Talks, People Listen
January 09, 2024, 08:46 am ET, BY Bill- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for JAKK
- Buy JAKK slightly over 32.98 target n/a stop loss @ 32.88. Details
The technical summary data tells us to buy JAKK near 32.98, but there is no current upside target from the summary table. In this case we should wait until either an update to the summary table has been made (which usually happens at the beginning of every trading day), or until the position has been stopped. The data does tell us to set a stop loss 32.88 to protect against excessive loss in case the stock begins to move against the trade. 32.98 is the first level of support below 36, and by rule, any test of support is a buy signal. In this case, if support 32.98 is being tested, a buy signal would exist.
- NONE . Details
NONE .
There are no current resistance levels from the summary table, and therefore there are no Short resistance Plans which tell us to short upon tests of resistance. Resistance levels have broken higher and unless the stock reverses lower and below support levels again short positions look risky.
Swing Trading Plans for JAKK
- Buy JAKK slightly over 36.19, target n/a, Stop Loss @ 36.09 Details
If 36.19 begins to break higher, the technical summary data tells us to buy JAKK just slightly over 36.19, with an upside target of n/a. The data also tells us to set a stop loss @ 36.09 in case the stock turns against the trade. 36.19 is the first level of resistance above 36, and by rule, any break above resistance is a buy signal. In this case, 36.19, 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 JAKK slightly near 36.19, target 34.72, Stop Loss @ 36.29. Details
The technical summary data is suggesting a short of JAKK if it tests 36.19 with a downside target of 34.72. We should have a stop loss in place at 36.29 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, 36.19, 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 JAKK
- Buy JAKK slightly over 36.2, target n/a, Stop Loss @ 36.12 Details
If 36.2 begins to break higher, the technical summary data tells us to buy JAKK just slightly over 36.2, with an upside target of n/a. The data also tells us to set a stop loss @ 36.12 in case the stock turns against the trade. 36.2 is the first level of resistance above 36, and by rule, any break above resistance is a buy signal. In this case, 36.2, 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 JAKK slightly near 36.2, target 35.3, Stop Loss @ 36.28. Details
The technical summary data is suggesting a short of JAKK if it tests 36.2 with a downside target of 35.3. We should have a stop loss in place at 36.28 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, 36.2, 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 Jakks Pacific Inc. (JAKK) available here: JAKK.
JAKK Ratings for January 09:
| Term → | Near |
Mid |
Long |
|---|
| Rating |
Neutral |
Neutral |
Strong |
| P1 |
0 |
0 |
21.55 |
| P2 |
35.3 |
34.72 |
27.17 |
| P3 |
36.2 |
36.19 |
32.98 |
AI Generated Signals for JAKK
Blue = Current Price
Red= Resistance
Green = Support
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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 Jakks Pacific Inc. (NASDAQ: JAKK) 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 JAKK 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.
Fundamental Charts for JAKK:
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