How the (CHCO) price action is used to our Advantage
September 02, 2024, 19:48 pm ET, BY Thomas Y.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for CHCO
- Buy CHCO slightly over 112.81 target 121.46 stop loss @ 112.48 Details
The technical summary data tells us to buy CHCO near 112.81 with an upside target of 121.46. This data also tells us to set a stop loss @ 112.48 to protect against excessive loss in case the stock begins to move against the trade. 112.81 is the first level of support below 118.74 , and by rule, any test of support is a buy signal. In this case, support 112.81 is being tested, a buy signal would exist.
- Short CHCO slightly under 121.46, target 112.81, stop loss @ 121.81 Details
The technical summary data is suggesting a short of CHCO as it gets near 121.46 with a downside target of 112.81. We should have a stop loss in place at 121.81though. 121.46 is the first level of resistance above 118.74, and by rule, any test of resistance is a short signal. In this case, if resistance 121.46 is being tested, a short signal would exist.
Swing Trading Plans for CHCO
- Buy CHCO slightly over 120.77, target 121.46, Stop Loss @ 120.42 Details
If 120.77 begins to break higher, the technical summary data tells us to buy CHCO just slightly over 120.77, with an upside target of 121.46. The data also tells us to set a stop loss @ 120.42 in case the stock turns against the trade. 120.77 is the first level of resistance above 118.74, and by rule, any break above resistance is a buy signal. In this case, 120.77, 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 CHCO slightly near 120.77, target 117.17, Stop Loss @ 121.12. Details
The technical summary data is suggesting a short of CHCO if it tests 120.77 with a downside target of 117.17. We should have a stop loss in place at 121.12 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, 120.77, 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 CHCO
- Buy CHCO slightly over 120.77, target 121.46, Stop Loss @ 120.49 Details
If 120.77 begins to break higher, the technical summary data tells us to buy CHCO just slightly over 120.77, with an upside target of 121.46. The data also tells us to set a stop loss @ 120.49 in case the stock turns against the trade. 120.77 is the first level of resistance above 118.74, and by rule, any break above resistance is a buy signal. In this case, 120.77, 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 CHCO slightly near 120.77, target 118.61, Stop Loss @ 121.05. Details
The technical summary data is suggesting a short of CHCO if it tests 120.77 with a downside target of 118.61. We should have a stop loss in place at 121.05 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, 120.77, 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 City Holding Company (CHCO) available here: CHCO.
CHCO Ratings for September 02:
| Term → | Near |
Mid |
Long |
|---|
| Rating |
Neutral |
Strong |
Strong |
| P1 |
0 |
0 |
105.22 |
| P2 |
116.65 |
117.17 |
112.81 |
| P3 |
118.61 |
120.77 |
121.46 |
AI Generated Signals for CHCO
Blue = Current Price
Red= Resistance
Green = Support
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Our job as #investors is to pay attention to the #stocks we own. Part of that involves looking at the #fundamentals, but half of the disclosure comes from looking at price action. The City Holding Company (NASDAQ: CHCO) data table below can help you with price action, and we have more details too. Trading plans for CHCO are shown here too; these plans are updated in real time for subscribers, where this report is static. If you want an update, or a report on a different stock, please get one here Unlimited Real Time Reports.
Fundamental Charts for CHCO:
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