When Mantech International (MANT) Moves Investors should Listen

August 28, 2022, 17:00 pm ET, BY Rick O.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

How do we know what is going on #behindthescenes of a company?  According to Stock Traders Daily, a 20-year #financialindustry innovator, the best way to do this to to watch the price action in the stock. The  Mantech International (NASDAQ: MANT) report below is a real world example. Included are trading plans for MANT, but this report is static. If you want an update, or a different stock, please get one here Unlimited Real Time Reports. 

Longer Term Trading Plans for MANT

• Buy MANT slightly over 94.77 target 100.16 stop loss @ 94.5 Details

The technical summary data tells us to buy MANT near 94.77 with an upside target of 100.16. This data also tells us to set a stop loss @ 94.5 to protect against excessive loss in case the stock begins to move against the trade. 94.77 is the first level of support below 95.89 , and by rule, any test of support is a buy signal. In this case, support 94.77 is being tested, a buy signal would exist.

• Short MANT under 100.16, target 94.77, stop loss @ 100.45 Details

The technical summary data is suggesting a short of MANT as it gets near 100.16 with a downside target of 94.77. We should have a stop loss in place at 100.45though. 100.16 is the first level of resistance above 95.89, and by rule, any test of resistance is a short signal. In this case, if resistance 100.16 is being tested, a short signal would exist.

Swing Trading Plans for MANT

• Buy MANT slightly over 95.91, target n/a, Stop Loss @ 95.63 Details

If 95.91 begins to break higher, the technical summary data tells us to buy MANT just slightly over 95.91, with an upside target of n/a. The data also tells us to set a stop loss @ 95.63 in case the stock turns against the trade. 95.91 is the first level of resistance above 95.89, and by rule, any break above resistance is a buy signal. In this case, 95.91, 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 MANT near 95.91, target 94.77, Stop Loss @ 96.19. Details

The technical summary data is suggesting a short of MANT if it tests 95.91 with a downside target of 94.77. We should have a stop loss in place at 96.19 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, 95.91, 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 MANT

• Buy MANT slightly over 95.91, target 100.16, Stop Loss @ 95.69 Details

If 95.91 begins to break higher, the technical summary data tells us to buy MANT just slightly over 95.91, with an upside target of 100.16. The data also tells us to set a stop loss @ 95.69 in case the stock turns against the trade. 95.91 is the first level of resistance above 95.89, and by rule, any break above resistance is a buy signal. In this case, 95.91, 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 MANT near 95.91, target 94.77, Stop Loss @ 96.13. Details

The technical summary data is suggesting a short of MANT if it tests 95.91 with a downside target of 94.77. We should have a stop loss in place at 96.13 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, 95.91, 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.

MANT Ratings for August 28:

Term →	Near	Mid	Long
Rating	Neutral	Neutral	Strong
P1	0	0	88.63
P2	95.88	95.91	94.77
P3	0		100.16

Support and Resistance Plot Chart for MANT

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