Trading (KNSL) With Integrated Risk Controls

September 05, 2024, 01:24 am ET, BY Patrick- Contributor, Stock Traders Daily| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for KNSL

• Buy KNSL slightly over 442.35 target 512.64 stop loss @ 441.07 Details

The technical summary data tells us to buy KNSL near 442.35 with an upside target of 512.64. This data also tells us to set a stop loss @ 441.07 to protect against excessive loss in case the stock begins to move against the trade. 442.35 is the first level of support below 474.45 , and by rule, any test of support is a buy signal. In this case, support 442.35 is being tested, a buy signal would exist.

• Short KNSL slightly under 512.64, target 442.35, stop loss @ 514.12 Details

The technical summary data is suggesting a short of KNSL as it gets near 512.64 with a downside target of 442.35. We should have a stop loss in place at 514.12though. 512.64 is the first level of resistance above 474.45, and by rule, any test of resistance is a short signal. In this case, if resistance 512.64 is being tested, a short signal would exist.

Swing Trading Plans for KNSL

• Buy KNSL slightly over 478, target 489.64, Stop Loss @ 476.62 Details

If 478 begins to break higher, the technical summary data tells us to buy KNSL just slightly over 478, with an upside target of 489.64. The data also tells us to set a stop loss @ 476.62 in case the stock turns against the trade. 478 is the first level of resistance above 474.45, and by rule, any break above resistance is a buy signal. In this case, 478, 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 KNSL slightly near 478, target 442.35, Stop Loss @ 479.38. Details

The technical summary data is suggesting a short of KNSL if it tests 478 with a downside target of 442.35. We should have a stop loss in place at 479.38 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, 478, 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 KNSL

• Buy KNSL slightly over 478, target 482.93, Stop Loss @ 476.88 Details

If 478 begins to break higher, the technical summary data tells us to buy KNSL just slightly over 478, with an upside target of 482.93. The data also tells us to set a stop loss @ 476.88 in case the stock turns against the trade. 478 is the first level of resistance above 474.45, and by rule, any break above resistance is a buy signal. In this case, 478, 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 KNSL slightly near 478, target 473.45, Stop Loss @ 479.12. Details

The technical summary data is suggesting a short of KNSL if it tests 478 with a downside target of 473.45. We should have a stop loss in place at 479.12 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, 478, 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 Kinsale Capital Group Inc. (KNSL) available here: KNSL.

KNSL Ratings for September 05:

Term →	Near	Mid	Long
Rating	Weak	Neutral	Neutral
P1	0	0	374.12
P2	473.45	478	442.35
P3	482.93	489.64	512.64

AI Generated Signals for KNSL

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Price matters most to #makingmoney in the #stockmarket. Celebrating 20 years, Stock Traders Daily provides the tools that help you develop investment strategies, and this is a good example. When we couple this with our market based analysis, the probabilities of going with the flow increases, and that is material over time. The Kinsale Capital Group Inc. (NASDAQ: KNSL) report below can help you, but we have more details too. The trading plans for KNSL, and the other 1000+ stocks we follow, are updated in real time for subscribers, but this report is static. If you want an update, or a different report, please get one here Unlimited Real Time Reports.