Trend Tracker for Sarepta Therapeutics Inc. Com SRPT

Source: Stock Traders Daily

Technical Summary

Term →Near Mid Long
Bias Strong Strong Weak
P1 0 0 51.37
P2 84.50 77.02 72.34
P3 87.98 83.53 96.36

Longer Term Trading Plans for SRPT

June 10, 2021, 6:15 pm ET

Our Longer Term Plans for SRPT help you determine where to buy, sell, short, and set risk controls. Use this in conjunction with our Longer Term Market Analysis to go with the flow of the market as well. Going with the flow is extremely important, so review our Market Analysis and see how it helps you work with this SRPT Report.

SRPT - (Long) Support Plan

Buy over 72.34 target 96.36 stop loss @ 72.13

The technical summary data tells us to buy SRPT near 72.34 with an upside target of 96.36. This data also tells us to set a stop loss @ 72.13 to protect against excessive loss in case the stock begins to move against the trade. 72.34 is the first level of support below 86.75 , and by rule, any test of support is a buy signal. In this case, support 72.34 is being tested, a buy signal would exist.

SRPT - (Short) Resistance Plan

Short under 96.36, target 72.34, stop loss @ 96.64

The technical summary data is suggesting a short of SRPT as it gets near 96.36 with a downside target of 72.34. We should have a stop loss in place at 96.64though. 96.36 is the first level of resistance above 86.75, and by rule, any test of resistance is a short signal. In this case, if resistance 96.36 is being tested, a short signal would exist.


SRPT Long Term Analysis for June 10 2021

Swing Trading Plans for SRPT

June 10, 2021, 6:15 pm ET

Our Swing Trading Plans for SRPT help you determine where to buy, sell, short, and set risk controls. Use this in conjunction with our Swing Trading Market Analysis to go with the flow of the market as well. Going with the flow is extremely important, so review our Market Analysis and see how it helps you work with this SRPT Report.

SRPT - (Long) Support Plan

Buy over 96.36, target n/a, Stop Loss @ 96.08

If 96.36 begins to break higher, the technical summary data tells us to buy SRPT just over 96.36, with an upside target of n/a. The data also tells us to set a stop loss @ 96.08 in case the stock turns against the trade. 96.36 is the first level of resistance above 86.75, and by rule, any break above resistance is a buy signal. In this case, 96.36, 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.

SRPT - (Short) Resistance Plan

Short near 96.36, target 83.53, Stop Loss @ 96.64.

The technical summary data is suggesting a short of SRPT if it tests 96.36 with a downside target of 83.53. We should have a stop loss in place at 96.64 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, 96.36, 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.


SRPT Swing Trading Analysis for June 10 2021

Day Trading Plans for SRPT

June 10, 2021, 6:15 pm ET

Our Day Trading Plans for SRPT help you determine where to buy, sell, short, and set risk controls. Use this in conjunction with our Day Trading Market Analysis to go with the flow of the market as well. Going with the flow is extremely important, so review our Market Analysis and see how it helps you work with this SRPT Report.

SRPT - (Long) Support Plan

Buy over 87.98, target 96.36, Stop Loss @ 87.77

If 87.98 begins to break higher, the technical summary data tells us to buy SRPT just over 87.98, with an upside target of 96.36. The data also tells us to set a stop loss @ 87.77 in case the stock turns against the trade. 87.98 is the first level of resistance above 86.75, and by rule, any break above resistance is a buy signal. In this case, 87.98, 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.

SRPT - (Short) Resistance Plan

Short near 87.98, target 84.50, Stop Loss @ 88.19.

The technical summary data is suggesting a short of SRPT if it tests 87.98 with a downside target of 84.50. We should have a stop loss in place at 88.19 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, 87.98, 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.


SRPT Day Trading Analysis for June 10 2021

This report was produced using AI developed by Stock Traders Daily.  Over the past 20 years this proprietary AI has been refined to help identify the most opportune trading strategies for both individual stocks and the stock markets themselves.  This methodology is also applied to Index options, ETFs, and futures.  The objective of this specific report is to optimize trading in Sarepta Therapeutics Inc. Com (NASDAQ: SRPT) while incorporating prudent risk controls. 

Warning: This is a static report, and the data was valid at the time of the publication, but support and resistance levels for SRPT change over time, and the report should be updated regularly.  Real Time updates are provided to subscribers.  Unlimited Real Time Reports.

Subscribers also receive market analysis, stock correlation tools, macroeconomic observations, timing tools, and protection from market crashes using Evitar Corte. 

Instructions: The rules that govern the data in this report are the rules of Technical Analysis.  For example, if SRPT is testing support buy signals surface, and resistance is the target.  Conversely, if resistance is being tested, that is a sign to control risk or short, and support would be the downside target accordingly.  In each case, the trigger point is designed to be both an ideal place to enter a position (avoid trading in the middle of a trading channel), and it acts as a level of risk control too.

This data is further refined to differentiate trading plans for Day Trading SRPT, Swing Trading SRPT, and Long Term Investing plans for SRPT too.

Graph of Evitar Corte vs S&P 500

AD