When (STEP) Moves Investors should Listen
February 19, 2025, 17:00 pm ET, BY Thomas Y.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for STEP
- Buy STEP near 62.1 target 67.75 stop loss @ 61.92 Details
The technical summary data tells us to buy STEP near 62.1 with an upside target of 67.75. This data also tells us to set a stop loss @ 61.92 to protect against excessive loss in case the stock begins to move against the trade. 62.1 is the first level of support below 63.07 , and by rule, any test of support is a buy signal. In this case, support 62.1 would be being tested, so a buy signal would exist.
- Short STEP slightly under 67.75, target 62.1, stop loss @ 67.95 Details
The technical summary data is suggesting a short of STEP as it gets near 67.75 with a downside target of 62.1. We should have a stop loss in place at 67.95though. 67.75 is the first level of resistance above 63.07, and by rule, any test of resistance is a short signal. In this case, if resistance 67.75 is being tested, so a short signal would exist.
Swing Trading Plans for STEP
- Buy STEP slightly over 67.75, target 73.66, Stop Loss @ 67.55 Details
If 67.75 begins to break higher, the technical summary data tells us to buy STEP just slightly over 67.75, with an upside target of 73.66. The data also tells us to set a stop loss @ 67.55 in case the stock turns against the trade. 67.75 is the first level of resistance above 63.07, and by rule, any break above resistance is a buy signal. In this case, 67.75, 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 STEP slightly near 67.75, target 62.74, Stop Loss @ 67.95. Details
The technical summary data is suggesting a short of STEP if it tests 67.75 with a downside target of 62.74. We should have a stop loss in place at 67.95 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, 67.75, 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 STEP
- Buy STEP slightly over 63.65, target 67.75, Stop Loss @ 63.5 Details
If 63.65 begins to break higher, the technical summary data tells us to buy STEP just slightly over 63.65, with an upside target of 67.75. The data also tells us to set a stop loss @ 63.5 in case the stock turns against the trade. 63.65 is the first level of resistance above 63.07, and by rule, any break above resistance is a buy signal. In this case, 63.65, 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 STEP slightly near 63.65, target 62.74, Stop Loss @ 63.8. Details
The technical summary data is suggesting a short of STEP if it tests 63.65 with a downside target of 62.74. We should have a stop loss in place at 63.8 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, 63.65, 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.
Check the time stamp on this data. Updated AI-Generated Signals for Stepstone Group Inc. (STEP) available here: STEP.
STEP Ratings for February 19:
| Term → | Near |
Mid |
Long |
|---|
| Rating |
Strong |
Weak |
Strong |
| P1 |
0 |
0 |
62.1 |
| P2 |
62.22 |
59.28 |
67.75 |
| P3 |
63.65 |
62.74 |
73.66 |
AI Generated Signals for STEP
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 Stepstone Group Inc. (NASDAQ: STEP) report below is a real world example. Included are trading plans for STEP, 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 STEP:
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