When (NEN) Moves Investors should Listen
March 18, 2024, 22:18 pm ET, BY Randall S.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for NEN
- Buy NEN slightly over 69.12 target 71.8 stop loss @ 68.92 Details
The technical summary data tells us to buy NEN near 69.12 with an upside target of 71.8. This data also tells us to set a stop loss @ 68.92 to protect against excessive loss in case the stock begins to move against the trade. 69.12 is the first level of support below 71.25 , and by rule, any test of support is a buy signal. In this case, support 69.12 is being tested, a buy signal would exist.
- Short NEN slightly under 71.8, target 69.12, stop loss @ 72.01 Details
The technical summary data is suggesting a short of NEN as it gets near 71.8 with a downside target of 69.12. We should have a stop loss in place at 72.01though. 71.8 is the first level of resistance above 71.25, and by rule, any test of resistance is a short signal. In this case, if resistance 71.8 is being tested, a short signal would exist.
Swing Trading Plans for NEN
- Buy NEN slightly over 71.8, target 72.73, Stop Loss @ 71.59 Details
If 71.8 begins to break higher, the technical summary data tells us to buy NEN just slightly over 71.8, with an upside target of 72.73. The data also tells us to set a stop loss @ 71.59 in case the stock turns against the trade. 71.8 is the first level of resistance above 71.25, and by rule, any break above resistance is a buy signal. In this case, 71.8, 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 NEN slightly near 71.8, target 70.29, Stop Loss @ 72.01. Details
The technical summary data is suggesting a short of NEN if it tests 71.8 with a downside target of 70.29. We should have a stop loss in place at 72.01 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, 71.8, 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 NEN
- Buy NEN slightly over 71.35, target 71.8, Stop Loss @ 71.18 Details
If 71.35 begins to break higher, the technical summary data tells us to buy NEN just slightly over 71.35, with an upside target of 71.8. The data also tells us to set a stop loss @ 71.18 in case the stock turns against the trade. 71.35 is the first level of resistance above 71.25, and by rule, any break above resistance is a buy signal. In this case, 71.35, 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 NEN slightly near 71.35, target 71.04, Stop Loss @ 71.52. Details
The technical summary data is suggesting a short of NEN if it tests 71.35 with a downside target of 71.04. We should have a stop loss in place at 71.52 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, 71.35, 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 New England Realty Associates Limited Partnership Class A Depositary Receipts Evidencing Units Of Limited Partnership (NEN) available here: NEN.
NEN Ratings for March 18:
| Term → | Near |
Mid |
Long |
|---|
| Rating |
Neutral |
Neutral |
Neutral |
| P1 |
0 |
0 |
66.25 |
| P2 |
71.04 |
70.29 |
69.12 |
| P3 |
71.35 |
72.73 |
71.8 |
AI Generated Signals for NEN
Blue = Current Price
Red= Resistance
Green = Support
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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 New England Realty Associates Limited Partnership Class A Depositary Receipts Evidencing Units Of Limited Partnership (NYSE: NEN) report below is a real world example. Included are trading plans for NEN, but this report is static. If you want an update, or a different stock, please get one here Unlimited Real Time Reports.
Fundamental Charts for NEN:
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