When the Price of (RCUS) Talks, People Listen
July 24, 2024, 04:42 am ET, BY Thomas Y.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for RCUS
- Buy RCUS slightly over 12.83 target 15.38 stop loss @ 12.79 Details
The technical summary data tells us to buy RCUS near 12.83 with an upside target of 15.38. This data also tells us to set a stop loss @ 12.79 to protect against excessive loss in case the stock begins to move against the trade. 12.83 is the first level of support below 14.6 , and by rule, any test of support is a buy signal. In this case, support 12.83 would be being tested, so a buy signal would exist.
- Short RCUS slightly under 15.38, target 12.83, stop loss @ 15.42 Details
The technical summary data is suggesting a short of RCUS as it gets near 15.38 with a downside target of 12.83. We should have a stop loss in place at 15.42though. 15.38 is the first level of resistance above 14.6, and by rule, any test of resistance is a short signal. In this case, if resistance 15.38 is being tested, so a short signal would exist.
Swing Trading Plans for RCUS
- Buy RCUS slightly over 15.38, target 15.8, Stop Loss @ 15.34 Details
If 15.38 begins to break higher, the technical summary data tells us to buy RCUS just slightly over 15.38, with an upside target of 15.8. The data also tells us to set a stop loss @ 15.34 in case the stock turns against the trade. 15.38 is the first level of resistance above 14.6, and by rule, any break above resistance is a buy signal. In this case, 15.38, 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 RCUS slightly near 15.38, target 14.37, Stop Loss @ 15.42. Details
The technical summary data is suggesting a short of RCUS if it tests 15.38 with a downside target of 14.37. We should have a stop loss in place at 15.42 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, 15.38, 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 RCUS
- Buy RCUS slightly over 15.38, target 15.8, Stop Loss @ 15.34 Details
If 15.38 begins to break higher, the technical summary data tells us to buy RCUS just slightly over 15.38, with an upside target of 15.8. The data also tells us to set a stop loss @ 15.34 in case the stock turns against the trade. 15.38 is the first level of resistance above 14.6, and by rule, any break above resistance is a buy signal. In this case, 15.38, 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 RCUS slightly near 15.38, target 14.49, Stop Loss @ 15.42. Details
The technical summary data is suggesting a short of RCUS if it tests 15.38 with a downside target of 14.49. We should have a stop loss in place at 15.42 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, 15.38, 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 Arcus Biosciences Inc. (RCUS) available here: RCUS.
RCUS Ratings for July 24:
Term → | Near |
Mid |
Long |
Rating |
Weak |
Neutral |
Weak |
P1 |
0 |
0 |
12.83 |
P2 |
13.76 |
14.37 |
15.38 |
P3 |
14.49 |
15.8 |
18.1 |
AI Generated Signals for RCUS
Blue = Current Price
Red= Resistance
Green = Support
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This is not EF Hutton, but it could be more #powerful. A picture speaks a thousand words, they say, and the #priceaction of Arcus Biosciences Inc. (NASDAQ: RCUS) tells an important story. The movement tells us where investors perceive value, or the lack of it, and if we pay attention we can capture opportunity. The data below for RCUS can be used as an example, and demonstrate how to do this for other stocks too. This data was current at the time of publication, but it is not updated in real time here. If you want real time updates, or data on a different stock, please get one here Unlimited Real Time Reports.
Fundamental Charts for RCUS: