When (TT) Moves Investors should Listen
December 17, 2024, 14:50 pm ET, BY Rick O.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for TT
- Buy TT near 387.93 target 410.64 stop loss @ 386.81 Details
The technical summary data tells us to buy TT near 387.93 with an upside target of 410.64. This data also tells us to set a stop loss @ 386.81 to protect against excessive loss in case the stock begins to move against the trade. 387.93 is the first level of support below 391.135 , and by rule, any test of support is a buy signal. In this case, support 387.93 would be being tested, so a buy signal would exist.
- Short TT slightly under 410.64, target 387.93, stop loss @ 411.83 Details
The technical summary data is suggesting a short of TT as it gets near 410.64 with a downside target of 387.93. We should have a stop loss in place at 411.83though. 410.64 is the first level of resistance above 391.135, and by rule, any test of resistance is a short signal. In this case, if resistance 410.64 is being tested, so a short signal would exist.
Swing Trading Plans for TT
- Buy TT slightly over 400.74, target 410.64, Stop Loss @ 399.58 Details
If 400.74 begins to break higher, the technical summary data tells us to buy TT just slightly over 400.74, with an upside target of 410.64. The data also tells us to set a stop loss @ 399.58 in case the stock turns against the trade. 400.74 is the first level of resistance above 391.135, and by rule, any break above resistance is a buy signal. In this case, 400.74, 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 TT slightly near 400.74, target 391.02, Stop Loss @ 401.9. Details
The technical summary data is suggesting a short of TT if it tests 400.74 with a downside target of 391.02. We should have a stop loss in place at 401.9 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, 400.74, 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 TT
- Buy TT slightly over 397.88, target 400.92, Stop Loss @ 396.95 Details
If 397.88 begins to break higher, the technical summary data tells us to buy TT just slightly over 397.88, with an upside target of 400.92. The data also tells us to set a stop loss @ 396.95 in case the stock turns against the trade. 397.88 is the first level of resistance above 391.135, and by rule, any break above resistance is a buy signal. In this case, 397.88, 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 TT slightly near 397.88, target 391.02, Stop Loss @ 398.81. Details
The technical summary data is suggesting a short of TT if it tests 397.88 with a downside target of 391.02. We should have a stop loss in place at 398.81 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, 397.88, 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 Trane Technologies Plc (TT) available here: TT.
TT Ratings for December 17:
Term → | Near |
Mid |
Long |
Rating |
Neutral |
Weak |
Strong |
P1 |
0 |
0 |
387.93 |
P2 |
397.88 |
391.02 |
410.64 |
P3 |
400.92 |
400.74 |
430.97 |
AI Generated Signals for TT
Blue = Current Price
Red= Resistance
Green = Support
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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 Trane Technologies Plc (NYSE: TT) report below is a real world example. Included are trading plans for TT, but this report is static. If you want an update, or a different stock, please get one here Unlimited Real Time Reports.
Fundamental Charts for TT: