Learn to Evaluate (CENT) using the Charts
July 30, 2024, 12:22 pm ET, BY Rick O.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for CENT
- Buy CENT slightly over 38.64 target 42.67 stop loss @ 38.53 Details
The technical summary data tells us to buy CENT near 38.64 with an upside target of 42.67. This data also tells us to set a stop loss @ 38.53 to protect against excessive loss in case the stock begins to move against the trade. 38.64 is the first level of support below 38.98 , and by rule, any test of support is a buy signal. In this case, support 38.64 would be being tested, so a buy signal would exist.
- Short CENT slightly under 42.67, target 38.64, stop loss @ 42.79 Details
The technical summary data is suggesting a short of CENT as it gets near 42.67 with a downside target of 38.64. We should have a stop loss in place at 42.79though. 42.67 is the first level of resistance above 38.98, and by rule, any test of resistance is a short signal. In this case, if resistance 42.67 is being tested, so a short signal would exist.
Swing Trading Plans for CENT
- Buy CENT slightly over 40.13, target 42.67, Stop Loss @ 40.01 Details
If 40.13 begins to break higher, the technical summary data tells us to buy CENT just slightly over 40.13, with an upside target of 42.67. The data also tells us to set a stop loss @ 40.01 in case the stock turns against the trade. 40.13 is the first level of resistance above 38.98, and by rule, any break above resistance is a buy signal. In this case, 40.13, 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 CENT slightly near 40.13, target 38.64, Stop Loss @ 40.25. Details
The technical summary data is suggesting a short of CENT if it tests 40.13 with a downside target of 38.64. We should have a stop loss in place at 40.25 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, 40.13, 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 CENT
- Buy CENT slightly over 39.32, target 39.87, Stop Loss @ 39.23 Details
If 39.32 begins to break higher, the technical summary data tells us to buy CENT just slightly over 39.32, with an upside target of 39.87. The data also tells us to set a stop loss @ 39.23 in case the stock turns against the trade. 39.32 is the first level of resistance above 38.98, and by rule, any break above resistance is a buy signal. In this case, 39.32, 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 CENT slightly near 39.32, target 38.64, Stop Loss @ 39.41. Details
The technical summary data is suggesting a short of CENT if it tests 39.32 with a downside target of 38.64. We should have a stop loss in place at 39.41 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, 39.32, 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 Central Garden & Pet Company (CENT) available here: CENT.
CENT Ratings for July 30:
| Term → | Near |
Mid |
Long |
|---|
| Rating |
Strong |
Strong |
Strong |
| P1 |
0 |
0 |
38.64 |
| P2 |
39.32 |
38.61 |
42.67 |
| P3 |
39.87 |
40.13 |
46.81 |
AI Generated Signals for CENT
Blue = Current Price
Red= Resistance
Green = Support
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When #institutionalinvestors make decisions to buy and sell #stocks they normally want to keep it quiet. However, if we pay close attention we can see what is going on, and make good decisions.. The Central Garden & Pet Company (NASDAQ: CENT) report below can help you understand how to do this. The trading plans for CENT, are updated in real time for subscribers, but this report is static. If you want an update, or a different report on a different stock, please get one here Unlimited Real Time Reports.
Fundamental Charts for CENT:
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