Trading (THG) With Integrated Risk Controls
March 26, 2024, 03:22 am ET, BY Neal- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for THG
- Buy THG slightly over 126.2 target 135.31 stop loss @ 125.84 Details
The technical summary data tells us to buy THG near 126.2 with an upside target of 135.31. This data also tells us to set a stop loss @ 125.84 to protect against excessive loss in case the stock begins to move against the trade. 126.2 is the first level of support below 128.89 , and by rule, any test of support is a buy signal. In this case, support 126.2 is being tested, a buy signal would exist.
- Short THG slightly under 135.31, target 126.2, stop loss @ 135.7 Details
The technical summary data is suggesting a short of THG as it gets near 135.31 with a downside target of 126.2. We should have a stop loss in place at 135.7though. 135.31 is the first level of resistance above 128.89, and by rule, any test of resistance is a short signal. In this case, if resistance 135.31 is being tested, a short signal would exist.
Swing Trading Plans for THG
- Buy THG slightly over 135.31, target n/a, Stop Loss @ 134.92 Details
If 135.31 begins to break higher, the technical summary data tells us to buy THG just slightly over 135.31, with an upside target of n/a. The data also tells us to set a stop loss @ 134.92 in case the stock turns against the trade. 135.31 is the first level of resistance above 128.89, and by rule, any break above resistance is a buy signal. In this case, 135.31, 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 THG slightly near 135.31, target 128.22, Stop Loss @ 135.7. Details
The technical summary data is suggesting a short of THG if it tests 135.31 with a downside target of 128.22. We should have a stop loss in place at 135.7 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, 135.31, 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 THG
- Buy THG slightly over 129.29, target 135.31, Stop Loss @ 128.99 Details
If 129.29 begins to break higher, the technical summary data tells us to buy THG just slightly over 129.29, with an upside target of 135.31. The data also tells us to set a stop loss @ 128.99 in case the stock turns against the trade. 129.29 is the first level of resistance above 128.89, and by rule, any break above resistance is a buy signal. In this case, 129.29, 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 THG slightly near 129.29, target 128.22, Stop Loss @ 129.59. Details
The technical summary data is suggesting a short of THG if it tests 129.29 with a downside target of 128.22. We should have a stop loss in place at 129.59 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, 129.29, 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 Hanslightly over Insurance Group Inc (THG) available here: THG.
THG Ratings for March 26:
| Term → | Near |
Mid |
Long |
|---|
| Rating |
Neutral |
Neutral |
Strong |
| P1 |
0 |
0 |
117.31 |
| P2 |
127.84 |
125.75 |
126.2 |
| P3 |
129.29 |
128.22 |
135.31 |
AI Generated Signals for THG
Blue = Current Price
Red= Resistance
Green = Support
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Fundamental Charts for THG:
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