Learn to Evaluate (IT) using the Charts
March 29, 2024, 23:10 pm ET, BY Randall S.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for IT
- Buy IT slightly over 470.6 target 501.31 stop loss @ 469.24 Details
The technical summary data tells us to buy IT near 470.6 with an upside target of 501.31. This data also tells us to set a stop loss @ 469.24 to protect against excessive loss in case the stock begins to move against the trade. 470.6 is the first level of support below 476.67 , and by rule, any test of support is a buy signal. In this case, support 470.6 is being tested, a buy signal would exist.
- Short IT slightly under 501.31, target 470.6, stop loss @ 502.76 Details
The technical summary data is suggesting a short of IT as it gets near 501.31 with a downside target of 470.6. We should have a stop loss in place at 502.76though. 501.31 is the first level of resistance above 476.67, and by rule, any test of resistance is a short signal. In this case, if resistance 501.31 is being tested, a short signal would exist.
Swing Trading Plans for IT
- Buy IT slightly over 486.02, target 501.31, Stop Loss @ 484.62 Details
If 486.02 begins to break higher, the technical summary data tells us to buy IT just slightly over 486.02, with an upside target of 501.31. The data also tells us to set a stop loss @ 484.62 in case the stock turns against the trade. 486.02 is the first level of resistance above 476.67, and by rule, any break above resistance is a buy signal. In this case, 486.02, 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 IT slightly near 486.02, target 476.41, Stop Loss @ 487.42. Details
The technical summary data is suggesting a short of IT if it tests 486.02 with a downside target of 476.41. We should have a stop loss in place at 487.42 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, 486.02, 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 IT
- Buy IT slightly over 476.81, target 483.27, Stop Loss @ 475.7 Details
If 476.81 begins to break higher, the technical summary data tells us to buy IT just slightly over 476.81, with an upside target of 483.27. The data also tells us to set a stop loss @ 475.7 in case the stock turns against the trade. 476.81 is the first level of resistance above 476.67, and by rule, any break above resistance is a buy signal. In this case, 476.81, 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 IT slightly near 476.81, target 476.41, Stop Loss @ 477.92. Details
The technical summary data is suggesting a short of IT if it tests 476.81 with a downside target of 476.41. We should have a stop loss in place at 477.92 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, 476.81, 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 Gartner Inc. (IT) available here: IT.
IT Ratings for March 29:
| Term → | Near |
Mid |
Long |
|---|
| Rating |
Neutral |
Neutral |
Strong |
| P1 |
0 |
0 |
438.6 |
| P2 |
476.81 |
476.41 |
470.6 |
| P3 |
483.27 |
486.02 |
501.31 |
AI Generated Signals for IT
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 Gartner Inc. (NYSE: IT) report below can help you understand how to do this. The trading plans for IT, 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 IT:
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