How the (LSPD) price action is used to our Advantage
July 03, 2024, 00:00 am ET, BY Neal- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for LSPD
- Buy LSPD slightly over 11.9 target 14.24 stop loss @ 11.87 Details
The technical summary data tells us to buy LSPD near 11.9 with an upside target of 14.24. This data also tells us to set a stop loss @ 11.87 to protect against excessive loss in case the stock begins to move against the trade. 11.9 is the first level of support below 13.73 , and by rule, any test of support is a buy signal. In this case, support 11.9 would be being tested, so a buy signal would exist.
- Short LSPD slightly under 14.24, target 11.9, stop loss @ 14.28 Details
The technical summary data is suggesting a short of LSPD as it gets near 14.24 with a downside target of 11.9. We should have a stop loss in place at 14.28though. 14.24 is the first level of resistance above 13.73, and by rule, any test of resistance is a short signal. In this case, if resistance 14.24 is being tested, so a short signal would exist.
Swing Trading Plans for LSPD
- Buy LSPD slightly over 13.89, target 14.24, Stop Loss @ 13.85 Details
If 13.89 begins to break higher, the technical summary data tells us to buy LSPD just slightly over 13.89, with an upside target of 14.24. The data also tells us to set a stop loss @ 13.85 in case the stock turns against the trade. 13.89 is the first level of resistance above 13.73, and by rule, any break above resistance is a buy signal. In this case, 13.89, 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 LSPD slightly near 13.89, target 13.16, Stop Loss @ 13.93. Details
The technical summary data is suggesting a short of LSPD if it tests 13.89 with a downside target of 13.16. We should have a stop loss in place at 13.93 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, 13.89, 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 LSPD
- Buy LSPD slightly over 14.02, target 14.24, Stop Loss @ 13.99 Details
If 14.02 begins to break higher, the technical summary data tells us to buy LSPD just slightly over 14.02, with an upside target of 14.24. The data also tells us to set a stop loss @ 13.99 in case the stock turns against the trade. 14.02 is the first level of resistance above 13.73, and by rule, any break above resistance is a buy signal. In this case, 14.02, 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 LSPD slightly near 14.02, target 13.69, Stop Loss @ 14.05. Details
The technical summary data is suggesting a short of LSPD if it tests 14.02 with a downside target of 13.69. We should have a stop loss in place at 14.05 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, 14.02, 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 Lightspeed Commerce Inc. Subordinate (LSPD) available here: LSPD.
LSPD Ratings for July 03:
| Term → | Near |
Mid |
Long |
|---|
| Rating |
Strong |
Weak |
Weak |
| P1 |
0 |
0 |
11.9 |
| P2 |
13.69 |
13.16 |
14.24 |
| P3 |
14.02 |
13.89 |
16.75 |
AI Generated Signals for LSPD
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 Lightspeed Commerce Inc. Subordinate (NASDAQ: LSPD) data table below can help you with price action, and we have more details too. Trading plans for LSPD 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 LSPD:
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