How the (OMAB) price action is used to our Advantage
March 14, 2024, 15:52 pm ET, BY Neal- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for OMAB
- Buy OMAB slightly over 59.35 target 71.27 stop loss @ 59.18 Details
The technical summary data tells us to buy OMAB near 59.35 with an upside target of 71.27. This data also tells us to set a stop loss @ 59.18 to protect against excessive loss in case the stock begins to move against the trade. 59.35 is the first level of support below 69.25 , and by rule, any test of support is a buy signal. In this case, support 59.35 would be being tested, so a buy signal would exist.
- Short OMAB slightly under 71.27, target 59.35, stop loss @ 71.48 Details
The technical summary data is suggesting a short of OMAB as it gets near 71.27 with a downside target of 59.35. We should have a stop loss in place at 71.48though. 71.27 is the first level of resistance above 69.25, and by rule, any test of resistance is a short signal. In this case, if resistance 71.27 is being tested, so a short signal would exist.
Swing Trading Plans for OMAB
- Buy OMAB slightly over 71.27, target 81.61, Stop Loss @ 71.06 Details
If 71.27 begins to break higher, the technical summary data tells us to buy OMAB just slightly over 71.27, with an upside target of 81.61. The data also tells us to set a stop loss @ 71.06 in case the stock turns against the trade. 71.27 is the first level of resistance above 69.25, and by rule, any break above resistance is a buy signal. In this case, 71.27, 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 OMAB slightly near 71.27, target 67.92, Stop Loss @ 71.48. Details
The technical summary data is suggesting a short of OMAB if it tests 71.27 with a downside target of 67.92. We should have a stop loss in place at 71.48 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, 71.27, 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 OMAB
- Buy OMAB slightly over 71.27, target 81.61, Stop Loss @ 71.1 Details
If 71.27 begins to break higher, the technical summary data tells us to buy OMAB just slightly over 71.27, with an upside target of 81.61. The data also tells us to set a stop loss @ 71.1 in case the stock turns against the trade. 71.27 is the first level of resistance above 69.25, and by rule, any break above resistance is a buy signal. In this case, 71.27, 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 OMAB slightly near 71.27, target 68.14, Stop Loss @ 71.44. Details
The technical summary data is suggesting a short of OMAB if it tests 71.27 with a downside target of 68.14. We should have a stop loss in place at 71.44 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, 71.27, 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 Grupo Aeroportuario Del Centro Norte S.a.b. De C.v. (OMAB) available here: OMAB.
OMAB Ratings for March 14:
| Term → | Near |
Mid |
Long |
|---|
| Rating |
Weak |
Weak |
Weak |
| P1 |
0 |
0 |
59.35 |
| P2 |
66.63 |
66.14 |
71.27 |
| P3 |
68.14 |
67.92 |
81.61 |
AI Generated Signals for OMAB
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 Grupo Aeroportuario Del Centro Norte S.a.b. De C.v. (NASDAQ: OMAB) data table below can help you with price action, and we have more details too. Trading plans for OMAB 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 OMAB:
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