Trading (CLX) With Integrated Risk Controls

January 12, 2025, 11:26 am ET, BY Rick W.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for CLX

• Buy CLX near 149.31 target 161.82 stop loss @ 148.88 Details

The technical summary data tells us to buy CLX near 149.31 with an upside target of 161.82. This data also tells us to set a stop loss @ 148.88 to protect against excessive loss in case the stock begins to move against the trade. 149.31 is the first level of support below 157.57 , and by rule, any test of support is a buy signal. In this case, support 149.31 would be being tested, so a buy signal would exist.

• Short CLX slightly under 161.82, target 149.31, stop loss @ 162.29 Details

The technical summary data is suggesting a short of CLX as it gets near 161.82 with a downside target of 149.31. We should have a stop loss in place at 162.29though. 161.82 is the first level of resistance above 157.57, and by rule, any test of resistance is a short signal. In this case, if resistance 161.82 is being tested, so a short signal would exist.

Swing Trading Plans for CLX

• Buy CLX slightly over 160.03, target 161.82, Stop Loss @ 159.57 Details

If 160.03 begins to break higher, the technical summary data tells us to buy CLX just slightly over 160.03, with an upside target of 161.82. The data also tells us to set a stop loss @ 159.57 in case the stock turns against the trade. 160.03 is the first level of resistance above 157.57, and by rule, any break above resistance is a buy signal. In this case, 160.03, 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 CLX slightly near 160.03, target 157.06, Stop Loss @ 160.49. Details

The technical summary data is suggesting a short of CLX if it tests 160.03 with a downside target of 157.06. We should have a stop loss in place at 160.49 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, 160.03, 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 CLX

• Buy CLX slightly over 158.18, target 160.03, Stop Loss @ 157.81 Details

If 158.18 begins to break higher, the technical summary data tells us to buy CLX just slightly over 158.18, with an upside target of 160.03. The data also tells us to set a stop loss @ 157.81 in case the stock turns against the trade. 158.18 is the first level of resistance above 157.57, and by rule, any break above resistance is a buy signal. In this case, 158.18, 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 CLX slightly near 158.18, target 157.06, Stop Loss @ 158.55. Details

The technical summary data is suggesting a short of CLX if it tests 158.18 with a downside target of 157.06. We should have a stop loss in place at 158.55 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, 158.18, 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 Clorox Company (the) (CLX) available here: CLX.

CLX Ratings for January 12:

Term →	Near	Mid	Long
Rating	Weak	Neutral	Strong
P1	0	0	149.31
P2	158.18	157.06	161.82
P3	160.77	160.03	174.38

AI Generated Signals for CLX

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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 Clorox Company (the) (NYSE: CLX) report below can help you, but we have more details too. The trading plans for CLX, 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.