Genesco GCO Technical Analysis
Source: Stock Traders Daily
This proprietary methodology is designed to optimize trading in Genesco (NYSE: GCO) and establish prudent risk controls.
This is a static report, the data below was valid at the time of the publication, but support and resistance levels for GCO change over time, so the report should be updated regularly. Real Time updates are provided to subscribers. Unlimited Real Time Reports.
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The rules that govern the data in this report are the rules of Technical Analysis. For example, if GCO is testing support buy signals surface, and resistance is the target. Conversely, if resistance is being tested, that is a sign to control risk or short, and support would be the downside target accordingly. In each case, the trigger point is designed to be both an ideal place to enter a position (avoid trading in the middle of a trading channel), and it acts as a level of risk control too.
Swing Trades, Day Trades, and Longer term Trading Plans:
This data is refined to differentiate trading plans for Day Trading, Swing Trading, and Long Term Investing plans for GCO too. All of these are offered below the Summary Table.