Trading (LII) With Integrated Risk Controls

February 28, 2024, 05:52 am ET, BY Neal- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for LII

• Buy LII slightly over 461.51 target 488.04 stop loss @ 460.18 Details

The technical summary data tells us to buy LII near 461.51 with an upside target of 488.04. This data also tells us to set a stop loss @ 460.18 to protect against excessive loss in case the stock begins to move against the trade. 461.51 is the first level of support below 469.04 , and by rule, any test of support is a buy signal. In this case, support 461.51 is being tested, a buy signal would exist.

• Short LII slightly under 488.04, target 461.51, stop loss @ 489.45 Details

The technical summary data is suggesting a short of LII as it gets near 488.04 with a downside target of 461.51. We should have a stop loss in place at 489.45though. 488.04 is the first level of resistance above 469.04, and by rule, any test of resistance is a short signal. In this case, if resistance 488.04 is being tested, a short signal would exist.

Swing Trading Plans for LII

• Buy LII slightly over 488.04, target n/a, Stop Loss @ 486.63 Details

If 488.04 begins to break higher, the technical summary data tells us to buy LII just slightly over 488.04, with an upside target of n/a. The data also tells us to set a stop loss @ 486.63 in case the stock turns against the trade. 488.04 is the first level of resistance above 469.04, and by rule, any break above resistance is a buy signal. In this case, 488.04, 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 LII slightly near 488.04, target 468.89, Stop Loss @ 489.45. Details

The technical summary data is suggesting a short of LII if it tests 488.04 with a downside target of 468.89. We should have a stop loss in place at 489.45 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, 488.04, 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 LII

• Buy LII slightly over 470.67, target 488.04, Stop Loss @ 469.57 Details

If 470.67 begins to break higher, the technical summary data tells us to buy LII just slightly over 470.67, with an upside target of 488.04. The data also tells us to set a stop loss @ 469.57 in case the stock turns against the trade. 470.67 is the first level of resistance above 469.04, and by rule, any break above resistance is a buy signal. In this case, 470.67, 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 LII slightly near 470.67, target 468.89, Stop Loss @ 471.77. Details

The technical summary data is suggesting a short of LII if it tests 470.67 with a downside target of 468.89. We should have a stop loss in place at 471.77 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, 470.67, 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 Lennox International Inc. (LII) available here: LII.

LII Ratings for February 28:

Term →	Near	Mid	Long
Rating	Strong	Strong	Strong
P1	0	0	433.07
P2	465.57	453.89	461.51
P3	470.67	468.89	488.04

AI Generated Signals for LII

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Price matters most to #makingmoney in the #stockmarket. Celebrating 20 years, Stock Traders Daily provides the tools that help you develop investment strategies, and this is a good example. When we couple this with our market based analysis, the probabilities of going with the flow increases, and that is material over time. The Lennox International Inc. (NYSE: LII) report below can help you, but we have more details too. The trading plans for LII, and the other 1000+ stocks we follow, are updated in real time for subscribers, but this report is static. If you want an update, or a different report, please get one here Unlimited Real Time Reports.