tradethepoolpool ads

How the (SKT) price action is used to our Advantage

Longer Term Trading Plans for SKT
  • Buy SKT slightly over 25.71 target 27.38 stop loss @ 25.64 Details
  • The technical summary data tells us to buy SKT near 25.71 with an upside target of 27.38. This data also tells us to set a stop loss @ 25.64 to protect against excessive loss in case the stock begins to move against the trade. 25.71 is the first level of support below 27.17 , and by rule, any test of support is a buy signal. In this case, support 25.71 would be being tested, so a buy signal would exist.

  • Short SKT slightly under 27.38, target 25.71, stop loss @ 27.46 Details
  • The technical summary data is suggesting a short of SKT as it gets near 27.38 with a downside target of 25.71. We should have a stop loss in place at 27.46though. 27.38 is the first level of resistance above 27.17, and by rule, any test of resistance is a short signal. In this case, if resistance 27.38 is being tested, so a short signal would exist.

Swing Trading Plans for SKT
  • Buy SKT slightly over 27.38, target 28.91, Stop Loss @ 27.3 Details
  • If 27.38 begins to break higher, the technical summary data tells us to buy SKT just slightly over 27.38, with an upside target of 28.91. The data also tells us to set a stop loss @ 27.3 in case the stock turns against the trade. 27.38 is the first level of resistance above 27.17, and by rule, any break above resistance is a buy signal. In this case, 27.38, 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 SKT slightly near 27.38, target 26.37, Stop Loss @ 27.46. Details
  • The technical summary data is suggesting a short of SKT if it tests 27.38 with a downside target of 26.37. We should have a stop loss in place at 27.46 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, 27.38, 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 SKT
  • Buy SKT slightly over 27.38, target 28.91, Stop Loss @ 27.32 Details
  • If 27.38 begins to break higher, the technical summary data tells us to buy SKT just slightly over 27.38, with an upside target of 28.91. The data also tells us to set a stop loss @ 27.32 in case the stock turns against the trade. 27.38 is the first level of resistance above 27.17, and by rule, any break above resistance is a buy signal. In this case, 27.38, 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 SKT slightly near 27.38, target 26.85, Stop Loss @ 27.44. Details
  • The technical summary data is suggesting a short of SKT if it tests 27.38 with a downside target of 26.85. We should have a stop loss in place at 27.44 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, 27.38, 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.

Real Time Updates are available on our  Tanger Factory Outlet Centers Inc. (SKT) Page here: SKT.

SKT Ratings for February 12:

Term →Near Mid Long
Rating Strong Weak Strong
P1 0 0 25.71
P2 26.43 25.45 27.38
P3 26.85 26.37 28.91
Triggers may have already come
Get Real Time Triggers Here
Support and Resistance Plot Chart for SKT

SKT Long Term Analysis for February 12 2024

Blue = Current Price
Red= Resistance
Green = Support

Real Time Updates for Repeat Institutional Readers:
Instructions:
  • Click the Get Real Time Updates button below.

  • In the login prompt, select forgot username

  • Type the email you use for Factset

  • Use the user/pass you receive to login

  • You will have 24/7 access to real time updates.

From then on you can just click to get the real time update whenever you want.

GET REAL TIME UPDATES

Our Market Crash Leading Indicator isEvitar Corte.
  • Evitar Corte warned of market crash risk four times since 2000.

  • It identified the Internet Debacle before it happened.

  • It identified the Credit Crisis before it happened.

  • It identified the Corona Crash too.

  • See what Evitar Corte is Saying Now.

Get Notified When our Ratings Change:Take a Trial

Our job as #investors is to pay attention to the #stocks we own.  Part of that involves looking at the #fundamentals, but half of the disclosure comes from looking at price action. The  Tanger Factory Outlet Centers Inc. (NYSE: SKT) data table below can help you with price action, and we have more details too. Trading plans for SKT are shown here too; these plans are updated in real time for subscribers, where this report is static. If you want an update, or a report on a different stock, please get one here Unlimited Real Time Reports.