Trading Masimo Corporation ($MASI) With Integrated Risk Controls
December 17, 2023, 18:00 pm ET, BY Randall S.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for MASI
- Buy MASI slightly over 90.38 target 116.37 stop loss @ 90.12 Details
The technical summary data tells us to buy MASI near 90.38 with an upside target of 116.37. This data also tells us to set a stop loss @ 90.12 to protect against excessive loss in case the stock begins to move against the trade. 90.38 is the first level of support below 111.69 , and by rule, any test of support is a buy signal. In this case, support 90.38 is being tested, a buy signal would exist.
- Short MASI slightly under 116.37, target 90.38, stop loss @ 116.71 Details
The technical summary data is suggesting a short of MASI as it gets near 116.37 with a downside target of 90.38. We should have a stop loss in place at 116.71though. 116.37 is the first level of resistance above 111.69, and by rule, any test of resistance is a short signal. In this case, if resistance 116.37 is being tested, a short signal would exist.
Swing Trading Plans for MASI
- Buy MASI slightly over 116.1, target 116.37, Stop Loss @ 115.76 Details
If 116.1 begins to break higher, the technical summary data tells us to buy MASI just slightly over 116.1, with an upside target of 116.37. The data also tells us to set a stop loss @ 115.76 in case the stock turns against the trade. 116.1 is the first level of resistance above 111.69, and by rule, any break above resistance is a buy signal. In this case, 116.1, 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 MASI slightly near 116.1, target 110.25, Stop Loss @ 116.44. Details
The technical summary data is suggesting a short of MASI if it tests 116.1 with a downside target of 110.25. We should have a stop loss in place at 116.44 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, 116.1, 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 MASI
- Buy MASI slightly over 112.71, target 116.1, Stop Loss @ 112.45 Details
If 112.71 begins to break higher, the technical summary data tells us to buy MASI just slightly over 112.71, with an upside target of 116.1. The data also tells us to set a stop loss @ 112.45 in case the stock turns against the trade. 112.71 is the first level of resistance above 111.69, and by rule, any break above resistance is a buy signal. In this case, 112.71, 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 MASI slightly near 112.71, target 110.25, Stop Loss @ 112.97. Details
The technical summary data is suggesting a short of MASI if it tests 112.71 with a downside target of 110.25. We should have a stop loss in place at 112.97 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, 112.71, 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 Masimo Corporation (MASI) available here: MASI.
MASI Ratings for December 17:
| Term → | Near |
Mid |
Long |
|---|
| Rating |
Strong |
Strong |
Weak |
| P1 |
0 |
0 |
65.4 |
| P2 |
112.71 |
110.25 |
90.38 |
| P3 |
117.09 |
116.1 |
116.37 |
AI Generated Signals for MASI
Blue = Current Price
Red= Resistance
Green = Support
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Fundamental Charts for MASI:
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