When (MEDP) Moves Investors should Listen

June 13, 2024, 04:44 am ET, BY Randall S.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for MEDP

• Buy MEDP slightly over 368.51 target 407.65 stop loss @ 367.45 Details

The technical summary data tells us to buy MEDP near 368.51 with an upside target of 407.65. This data also tells us to set a stop loss @ 367.45 to protect against excessive loss in case the stock begins to move against the trade. 368.51 is the first level of support below 403.74 , and by rule, any test of support is a buy signal. In this case, support 368.51 would be being tested, so a buy signal would exist.

• Short MEDP slightly under 407.65, target 368.51, stop loss @ 408.83 Details

The technical summary data is suggesting a short of MEDP as it gets near 407.65 with a downside target of 368.51. We should have a stop loss in place at 408.83though. 407.65 is the first level of resistance above 403.74, and by rule, any test of resistance is a short signal. In this case, if resistance 407.65 is being tested, so a short signal would exist.

Swing Trading Plans for MEDP

• Buy MEDP slightly over 407.65, target 412.18, Stop Loss @ 406.47 Details

If 407.65 begins to break higher, the technical summary data tells us to buy MEDP just slightly over 407.65, with an upside target of 412.18. The data also tells us to set a stop loss @ 406.47 in case the stock turns against the trade. 407.65 is the first level of resistance above 403.74, and by rule, any break above resistance is a buy signal. In this case, 407.65, 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 MEDP slightly near 407.65, target 398.89, Stop Loss @ 408.83. Details

The technical summary data is suggesting a short of MEDP if it tests 407.65 with a downside target of 398.89. We should have a stop loss in place at 408.83 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, 407.65, 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 MEDP

• Buy MEDP slightly over 404.88, target 407.65, Stop Loss @ 403.94 Details

If 404.88 begins to break higher, the technical summary data tells us to buy MEDP just slightly over 404.88, with an upside target of 407.65. The data also tells us to set a stop loss @ 403.94 in case the stock turns against the trade. 404.88 is the first level of resistance above 403.74, and by rule, any break above resistance is a buy signal. In this case, 404.88, 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 MEDP slightly near 404.88, target 398.89, Stop Loss @ 405.82. Details

The technical summary data is suggesting a short of MEDP if it tests 404.88 with a downside target of 398.89. We should have a stop loss in place at 405.82 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, 404.88, 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  Medpace Holdings Inc. (MEDP) available here: MEDP.

MEDP Ratings for June 13:

Term →	Near	Mid	Long
Rating	Neutral	Neutral	Strong
P1	0	0	368.51
P2	396.72	398.89	407.65
P3	404.88	412.18	446.89

AI Generated Signals for MEDP

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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  Medpace Holdings Inc. (NASDAQ: MEDP) report below is a real world example. Included are trading plans for MEDP, but this report is static. If you want an update, or a different stock, please get one here Unlimited Real Time Reports.