How to trade Sonic Automotive $SAH With Risk Controls


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Review the SAH Trading Plans:

Technical Summary

Term →Near Mid Long
Bias Weak Weak Strong
P1 0 0 44.31
P2 48.30 48.01 51.45
P3 49.81 50.39 58.53

Long Term Trading Plans for SAH

April 7, 2021, 10:30 pm ET

The Technical Summary and Trading Plans for SAH help you determine where to buy, sell, and set risk controls. The data is best used in conjunction with our Market Analysis and Stock Correlation Filters too, because those help us go with the flow of the market as well. Going with the flow is extremely important, so review our Market Analysis with this SAH Report.

SAH - (Long) Support Plan

The technical summary data tells us to buy SAH near 44.31 with an upside target of 51.45. This data also tells us to set a stop loss @ 44.18 to protect against excessive loss in case the stock begins to move against the trade. 44.31 is the first level of support below 49.29 , and by rule, any test of support is a buy signal. In this case, support 44.31 would be being tested, so a buy signal would exist.

SAH - (Short) Resistance Plan

The technical summary data is suggesting a short of SAH as it gets near 51.45 with a downside target of 44.31. We should have a stop loss in place at 51.6though. 51.45 is the first level of resistance above 49.29, and by rule, any test of resistance is a short signal. In this case, if resistance 51.45 is being tested, so a short signal would exist.


SAH Long Term Analysis for April 7 2021

Swing Trading Plans for SAH

April 7, 2021, 10:30 pm ET

The Technical Summary and Trading Plans for SAH help you determine where to buy, sell, and set risk controls. The data is best used in conjunction with our Market Analysis and Stock Correlation Filters too, because those help us go with the flow of the market as well. Going with the flow is extremely important, so review our Market Analysis with this SAH Report.

SAH - (Long) Support Plan

If 50.39 begins to break higher, the technical summary data tells us to buy SAH just over 50.39, with an upside target of 51.45. The data also tells us to set a stop loss @ 50.24 in case the stock turns against the trade. 50.39 is the first level of resistance above 49.29, and by rule, any break above resistance is a buy signal. In this case, 50.39, 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.

SAH - (Short) Resistance Plan

The technical summary data is suggesting a short of SAH if it tests 50.39 with a downside target of 48.01. We should have a stop loss in place at 50.54 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, 50.39, 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.


SAH Swing Trading Analysis for April 7 2021

Day Trading Plans for SAH

April 7, 2021, 10:30 pm ET

The Technical Summary and Trading Plans for SAH help you determine where to buy, sell, and set risk controls. The data is best used in conjunction with our Market Analysis and Stock Correlation Filters too, because those help us go with the flow of the market as well. Going with the flow is extremely important, so review our Market Analysis with this SAH Report.

SAH - (Long) Support Plan

If 49.81 begins to break higher, the technical summary data tells us to buy SAH just over 49.81, with an upside target of 50.39. The data also tells us to set a stop loss @ 49.69 in case the stock turns against the trade. 49.81 is the first level of resistance above 49.29, and by rule, any break above resistance is a buy signal. In this case, 49.81, 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.

SAH - (Short) Resistance Plan

The technical summary data is suggesting a short of SAH if it tests 49.81 with a downside target of 48.30. We should have a stop loss in place at 49.93 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, 49.81, 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.


SAH Day Trading Analysis for April 7 2021


SAH EPS Analysis for April 7 2021

SAH Dividend Chart for April 7 2021

SAH Revenue chart for April 7 2021

SAH Growth rate - Quarterly for April 7 2021

SAH Growth rate - Yearly for April 7 2021

SAH PE chart for April 7 2021

SAH PEG chart for April 7 2021

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