Charter Communications CHTR Technical Pivots with Risk Controls

January 17, 2023, 14:45 pm ET, BY Rick W.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for CHTR

• Buy CHTR slightly over 350.01 target 393.62 stop loss @ 349 Details

The technical summary data tells us to buy CHTR near 350.01 with an upside target of 393.62. This data also tells us to set a stop loss @ 349 to protect against excessive loss in case the stock begins to move against the trade. 350.01 is the first level of support below 387.705 , and by rule, any test of support is a buy signal. In this case, support 350.01 is being tested, a buy signal would exist.

• Short CHTR slightly under 393.62, target 350.01, stop loss @ 394.76 Details

The technical summary data is suggesting a short of CHTR as it gets near 393.62 with a downside target of 350.01. We should have a stop loss in place at 394.76though. 393.62 is the first level of resistance above 387.705, and by rule, any test of resistance is a short signal. In this case, if resistance 393.62 is being tested, a short signal would exist.

Swing Trading Plans for CHTR

• Buy CHTR slightly over 387.98, target 393.62, Stop Loss @ 386.86 Details

If 387.98 begins to break higher, the technical summary data tells us to buy CHTR just slightly over 387.98, with an upside target of 393.62. The data also tells us to set a stop loss @ 386.86 in case the stock turns against the trade. 387.98 is the first level of resistance above 387.705, and by rule, any break above resistance is a buy signal. In this case, 387.98, 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 CHTR slightly near 387.98, target 377.21, Stop Loss @ 389.1. Details

The technical summary data is suggesting a short of CHTR if it tests 387.98 with a downside target of 377.21. We should have a stop loss in place at 389.1 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, 387.98, 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 CHTR

• Buy CHTR slightly over 387.98, target 393.62, Stop Loss @ 387.07 Details

If 387.98 begins to break higher, the technical summary data tells us to buy CHTR just slightly over 387.98, with an upside target of 393.62. The data also tells us to set a stop loss @ 387.07 in case the stock turns against the trade. 387.98 is the first level of resistance above 387.705, and by rule, any break above resistance is a buy signal. In this case, 387.98, 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 CHTR slightly near 387.98, target 386.92, Stop Loss @ 388.89. Details

The technical summary data is suggesting a short of CHTR if it tests 387.98 with a downside target of 386.92. We should have a stop loss in place at 388.89 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, 387.98, 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 Charter Communications (CHTR) available here: CHTR.

CHTR Ratings for January 17:

Term →	Near	Mid	Long
Rating	Weak	Strong	Weak
P1	0	0	300.44
P2	382.33	377.21	350.01
P3	386.92	387.98	393.62

AI Generated Signals for CHTR

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The technical pivots for Charter Communications (NASDAQ: CHTR) help you determine how to trade, when to buy, when to sell, and how to control risk.

Warning:

This is a static report, the data below was valid at the time of the publication, but support and resistance levels for CHTR change over time, so the report should be updated regularly.  Real Time updates are provided to subscribers.  Unlimited Real Time Reports.

Subscribers also receive market analysis, stock correlation tools, macroeconomic observations, timing tools, and protection from market crashes using Evitar Corte.  

Instructions:

The rules that govern the data in this report are the rules of Technical Analysis.  For example, if CHTR 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 CHTR too.  All of these are offered below the Summary Table.