Learn to Evaluate (ESGR) using the Charts

July 01, 2024, 07:14 am ET, BY Thomas Y.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for ESGR

• Buy ESGR slightly over 290.39 target 309.66 stop loss @ 289.55 Details

The technical summary data tells us to buy ESGR near 290.39 with an upside target of 309.66. This data also tells us to set a stop loss @ 289.55 to protect against excessive loss in case the stock begins to move against the trade. 290.39 is the first level of support below 305.7 , and by rule, any test of support is a buy signal. In this case, support 290.39 would be being tested, so a buy signal would exist.

• Short ESGR slightly under 309.66, target 290.39, stop loss @ 310.55 Details

The technical summary data is suggesting a short of ESGR as it gets near 309.66 with a downside target of 290.39. We should have a stop loss in place at 310.55though. 309.66 is the first level of resistance above 305.7, and by rule, any test of resistance is a short signal. In this case, if resistance 309.66 is being tested, so a short signal would exist.

Swing Trading Plans for ESGR

• Buy ESGR slightly over 309.66, target 317.51, Stop Loss @ 308.77 Details

If 309.66 begins to break higher, the technical summary data tells us to buy ESGR just slightly over 309.66, with an upside target of 317.51. The data also tells us to set a stop loss @ 308.77 in case the stock turns against the trade. 309.66 is the first level of resistance above 305.7, and by rule, any break above resistance is a buy signal. In this case, 309.66, 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 ESGR slightly near 309.66, target 303.04, Stop Loss @ 310.55. Details

The technical summary data is suggesting a short of ESGR if it tests 309.66 with a downside target of 303.04. We should have a stop loss in place at 310.55 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, 309.66, 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 ESGR

• Buy ESGR slightly over 306.4, target 309.66, Stop Loss @ 305.69 Details

If 306.4 begins to break higher, the technical summary data tells us to buy ESGR just slightly over 306.4, with an upside target of 309.66. The data also tells us to set a stop loss @ 305.69 in case the stock turns against the trade. 306.4 is the first level of resistance above 305.7, and by rule, any break above resistance is a buy signal. In this case, 306.4, 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 ESGR slightly near 306.4, target 303.04, Stop Loss @ 307.11. Details

The technical summary data is suggesting a short of ESGR if it tests 306.4 with a downside target of 303.04. We should have a stop loss in place at 307.11 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, 306.4, 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  Enstar Group Limited (ESGR) available here: ESGR.

ESGR Ratings for July 01:

Term →	Near	Mid	Long
Rating	Weak	Neutral	Strong
P1	0	0	290.39
P2	299.45	303.04	309.66
P3	306.4	317.51	329.51

AI Generated Signals for ESGR

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When #institutionalinvestors make decisions to buy and sell #stocks they normally want to keep it quiet.  However, if we pay close attention we can see what is going on, and make good decisions.. The  Enstar Group Limited (NASDAQ: ESGR) report below can help you understand how to do this. The trading plans for ESGR, are updated in real time for subscribers, but this report is static. If you want an update, or a different report on a different stock, please get one here Unlimited Real Time Reports.