When the Price of (CBL) Talks, People Listen
September 29, 2024, 00:52 am ET, BY Patrick- Contributor, Stock Traders Daily| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for CBL
- Buy CBL near 24.66 target 26.53 stop loss @ 24.59 Details
The technical summary data tells us to buy CBL near 24.66 with an upside target of 26.53. This data also tells us to set a stop loss @ 24.59 to protect against excessive loss in case the stock begins to move against the trade. 24.66 is the first level of support below 25.25 , and by rule, any test of support is a buy signal. In this case, support 24.66 is being tested, a buy signal would exist.
- Short CBL slightly under 26.53, target 24.66, stop loss @ 26.61 Details
The technical summary data is suggesting a short of CBL as it gets near 26.53 with a downside target of 24.66. We should have a stop loss in place at 26.61though. 26.53 is the first level of resistance above 25.25, and by rule, any test of resistance is a short signal. In this case, if resistance 26.53 is being tested, a short signal would exist.
Swing Trading Plans for CBL
- Buy CBL slightly over 25.34, target 26.53, Stop Loss @ 25.27 Details
If 25.34 begins to break higher, the technical summary data tells us to buy CBL just slightly over 25.34, with an upside target of 26.53. The data also tells us to set a stop loss @ 25.27 in case the stock turns against the trade. 25.34 is the first level of resistance above 25.25, and by rule, any break above resistance is a buy signal. In this case, 25.34, 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 CBL slightly near 25.34, target 24.91, Stop Loss @ 25.41. Details
The technical summary data is suggesting a short of CBL if it tests 25.34 with a downside target of 24.91. We should have a stop loss in place at 25.41 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, 25.34, 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 CBL
- Buy CBL slightly over 25.4, target 26.53, Stop Loss @ 25.34 Details
If 25.4 begins to break higher, the technical summary data tells us to buy CBL just slightly over 25.4, with an upside target of 26.53. The data also tells us to set a stop loss @ 25.34 in case the stock turns against the trade. 25.4 is the first level of resistance above 25.25, and by rule, any break above resistance is a buy signal. In this case, 25.4, 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 CBL slightly near 25.4, target 24.91, Stop Loss @ 25.46. Details
The technical summary data is suggesting a short of CBL if it tests 25.4 with a downside target of 24.91. We should have a stop loss in place at 25.46 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, 25.4, 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 Cbl & Associates Properties Inc. (CBL) available here: CBL.
CBL Ratings for September 29:
Term → | Near |
Mid |
Long |
Rating |
Strong |
Neutral |
Strong |
P1 |
0 |
0 |
22.81 |
P2 |
25.17 |
24.91 |
24.66 |
P3 |
25.4 |
25.34 |
26.53 |
AI Generated Signals for CBL
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 Cbl & Associates Properties Inc. (NYSE: CBL) 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 CBL 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 CBL: