When the Price of (LFUS) Talks, People Listen

July 29, 2024, 01:52 am ET, BY Bill- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for LFUS

• Buy LFUS slightly over 248 target 268.88 stop loss @ 247.28 Details

The technical summary data tells us to buy LFUS near 248 with an upside target of 268.88. This data also tells us to set a stop loss @ 247.28 to protect against excessive loss in case the stock begins to move against the trade. 248 is the first level of support below 260.01 , and by rule, any test of support is a buy signal. In this case, support 248 is being tested, a buy signal would exist.

• Short LFUS slightly under 268.88, target 248, stop loss @ 269.66 Details

The technical summary data is suggesting a short of LFUS as it gets near 268.88 with a downside target of 248. We should have a stop loss in place at 269.66though. 268.88 is the first level of resistance above 260.01, and by rule, any test of resistance is a short signal. In this case, if resistance 268.88 is being tested, a short signal would exist.

Swing Trading Plans for LFUS

• Buy LFUS slightly over 265.34, target 268.88, Stop Loss @ 264.57 Details

If 265.34 begins to break higher, the technical summary data tells us to buy LFUS just slightly over 265.34, with an upside target of 268.88. The data also tells us to set a stop loss @ 264.57 in case the stock turns against the trade. 265.34 is the first level of resistance above 260.01, and by rule, any break above resistance is a buy signal. In this case, 265.34, 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 LFUS slightly near 265.34, target 256.32, Stop Loss @ 266.11. Details

The technical summary data is suggesting a short of LFUS if it tests 265.34 with a downside target of 256.32. We should have a stop loss in place at 266.11 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, 265.34, 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 LFUS

• Buy LFUS slightly over 262.4, target 265.34, Stop Loss @ 261.79 Details

If 262.4 begins to break higher, the technical summary data tells us to buy LFUS just slightly over 262.4, with an upside target of 265.34. The data also tells us to set a stop loss @ 261.79 in case the stock turns against the trade. 262.4 is the first level of resistance above 260.01, and by rule, any break above resistance is a buy signal. In this case, 262.4, 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 LFUS slightly near 262.4, target 257.07, Stop Loss @ 263.01. Details

The technical summary data is suggesting a short of LFUS if it tests 262.4 with a downside target of 257.07. We should have a stop loss in place at 263.01 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, 262.4, 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 Littelfuse Inc. (LFUS) available here: LFUS.

LFUS Ratings for July 29:

Term →	Near	Mid	Long
Rating	Weak	Strong	Neutral
P1	0	0	229.52
P2	257.07	256.32	248
P3	262.4	265.34	268.88

AI Generated Signals for LFUS

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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 Littelfuse Inc. (NASDAQ: LFUS) 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 LFUS 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.