How the (LII) price action is used to our Advantage

January 26, 2024, 22:50 pm ET, BY Thomas Y.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for LII

• Buy LII slightly over 441.37 target 468.12 stop loss @ 440.1 Details

The technical summary data tells us to buy LII near 441.37 with an upside target of 468.12. This data also tells us to set a stop loss @ 440.1 to protect against excessive loss in case the stock begins to move against the trade. 441.37 is the first level of support below 444.25 , and by rule, any test of support is a buy signal. In this case, support 441.37 is being tested, a buy signal would exist.

• Short LII slightly under 468.12, target 441.37, stop loss @ 469.47 Details

The technical summary data is suggesting a short of LII as it gets near 468.12 with a downside target of 441.37. We should have a stop loss in place at 469.47though. 468.12 is the first level of resistance above 444.25, and by rule, any test of resistance is a short signal. In this case, if resistance 468.12 is being tested, a short signal would exist.

Swing Trading Plans for LII

• Buy LII slightly over 447.53, target 468.12, Stop Loss @ 446.24 Details

If 447.53 begins to break higher, the technical summary data tells us to buy LII just slightly over 447.53, with an upside target of 468.12. The data also tells us to set a stop loss @ 446.24 in case the stock turns against the trade. 447.53 is the first level of resistance above 444.25, and by rule, any break above resistance is a buy signal. In this case, 447.53, 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 LII slightly near 447.53, target 441.37, Stop Loss @ 448.82. Details

The technical summary data is suggesting a short of LII if it tests 447.53 with a downside target of 441.37. We should have a stop loss in place at 448.82 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, 447.53, 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 LII

• Buy LII slightly over 447.53, target 468.12, Stop Loss @ 446.49 Details

If 447.53 begins to break higher, the technical summary data tells us to buy LII just slightly over 447.53, with an upside target of 468.12. The data also tells us to set a stop loss @ 446.49 in case the stock turns against the trade. 447.53 is the first level of resistance above 444.25, and by rule, any break above resistance is a buy signal. In this case, 447.53, 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 LII slightly near 447.53, target 441.89, Stop Loss @ 448.57. Details

The technical summary data is suggesting a short of LII if it tests 447.53 with a downside target of 441.89. We should have a stop loss in place at 448.57 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, 447.53, 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  Lennox International Inc. (LII) available here: LII.

LII Ratings for January 26:

Term →	Near	Mid	Long
Rating	Neutral	Neutral	Strong
P1	0	0	413.72
P2	428.91	431.07	441.37
P3	441.89	447.53	468.12

AI Generated Signals for LII

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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  Lennox International Inc. (NYSE: LII) data table below can help you with price action, and we have more details too. Trading plans for LII 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.