Trading (DUOL) With Integrated Risk Controls

December 03, 2024, 03:48 am ET, BY Randall S.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for DUOL

• Buy DUOL near 322.32 target n/a stop loss @ 321.39. Details

The technical summary data tells us to buy DUOL near 322.32, but there is no current upside target from the summary table. In this case we should wait until either an update to the summary table has been made (which usually happens at the beginning of every trading day), or until the position has been stopped. The data does tell us to set a stop loss 321.39 to protect against excessive loss in case the stock begins to move against the trade. 322.32 is the first level of support below 346.52, and by rule, any test of support is a buy signal. In this case, if support 322.32 is being tested, a buy signal would exist.

• No Short Plans offered at this time. Get an Update

NONE .
There are no current resistance levels from the summary table, and therefore there are no Short resistance Plans which tell us to short upon tests of resistance. Resistance levels have broken higher and unless the stock reverses lower and below support levels again short positions look risky.

Swing Trading Plans for DUOL

• Buy DUOL slightly over 364.42, target n/a, Stop Loss @ 363.37 Details

If 364.42 begins to break higher, the technical summary data tells us to buy DUOL just slightly over 364.42, with an upside target of n/a. The data also tells us to set a stop loss @ 363.37 in case the stock turns against the trade. 364.42 is the first level of resistance above 346.52, and by rule, any break above resistance is a buy signal. In this case, 364.42, 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 DUOL slightly near 364.42, target 346.03, Stop Loss @ 365.47. Details

The technical summary data is suggesting a short of DUOL if it tests 364.42 with a downside target of 346.03. We should have a stop loss in place at 365.47 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, 364.42, 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 DUOL

• Buy DUOL slightly over 349.83, target 364.42, Stop Loss @ 349.01 Details

If 349.83 begins to break higher, the technical summary data tells us to buy DUOL just slightly over 349.83, with an upside target of 364.42. The data also tells us to set a stop loss @ 349.01 in case the stock turns against the trade. 349.83 is the first level of resistance above 346.52, and by rule, any break above resistance is a buy signal. In this case, 349.83, 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 DUOL slightly near 349.83, target 346.03, Stop Loss @ 350.65. Details

The technical summary data is suggesting a short of DUOL if it tests 349.83 with a downside target of 346.03. We should have a stop loss in place at 350.65 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, 349.83, 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 Duolingo Inc. (DUOL) available here: DUOL.

DUOL Ratings for December 03:

Term →	Near	Mid	Long
Rating	Neutral	Strong	Strong
P1	0	0	222.39
P2	342.96	346.03	271.2
P3	349.83	364.42	322.32

AI Generated Signals for DUOL

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Price matters most to #makingmoney in the #stockmarket. Celebrating 20 years, Stock Traders Daily provides the tools that help you develop investment strategies, and this is a good example. When we couple this with our market based analysis, the probabilities of going with the flow increases, and that is material over time. The Duolingo Inc. (NASDAQ: DUOL) report below can help you, but we have more details too. The trading plans for DUOL, and the other 1000+ stocks we follow, are updated in real time for subscribers, but this report is static. If you want an update, or a different report, please get one here Unlimited Real Time Reports.