When Charter Communications ($CHTR) Moves Investors should Listen
March 16, 2023, 10:30 am ET, BY Neal- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for CHTR
- Buy CHTR slightly over 328.21 target 380.02 stop loss @ 327.26 Details
The technical summary data tells us to buy CHTR near 328.21 with an upside target of 380.02. This data also tells us to set a stop loss @ 327.26 to protect against excessive loss in case the stock begins to move against the trade. 328.21 is the first level of support below 339.43 , and by rule, any test of support is a buy signal. In this case, support 328.21 is being tested, a buy signal would exist.
- Short CHTR slightly under 380.02, target 328.21, stop loss @ 381.12 Details
The technical summary data is suggesting a short of CHTR as it gets near 380.02 with a downside target of 328.21. We should have a stop loss in place at 381.12though. 380.02 is the first level of resistance above 339.43, and by rule, any test of resistance is a short signal. In this case, if resistance 380.02 is being tested, a short signal would exist.
Swing Trading Plans for CHTR
- Buy CHTR slightly over 339.56, target 380.02, Stop Loss @ 338.58 Details
If 339.56 begins to break higher, the technical summary data tells us to buy CHTR just slightly over 339.56, with an upside target of 380.02. The data also tells us to set a stop loss @ 338.58 in case the stock turns against the trade. 339.56 is the first level of resistance above 339.43, and by rule, any break above resistance is a buy signal. In this case, 339.56, 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 CHTR slightly near 339.56, target 328.21, Stop Loss @ 340.54. Details
The technical summary data is suggesting a short of CHTR if it tests 339.56 with a downside target of 328.21. We should have a stop loss in place at 340.54 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, 339.56, 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 CHTR
- Buy CHTR slightly over 339.56, target 340.46, Stop Loss @ 338.77 Details
If 339.56 begins to break higher, the technical summary data tells us to buy CHTR just slightly over 339.56, with an upside target of 340.46. The data also tells us to set a stop loss @ 338.77 in case the stock turns against the trade. 339.56 is the first level of resistance above 339.43, and by rule, any break above resistance is a buy signal. In this case, 339.56, 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 CHTR slightly near 339.56, target 328.21, Stop Loss @ 340.35. Details
The technical summary data is suggesting a short of CHTR if it tests 339.56 with a downside target of 328.21. We should have a stop loss in place at 340.35 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, 339.56, 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 Charter Communications (CHTR) available here: CHTR.
CHTR Ratings for March 16:
Term → | Near |
Mid |
Long |
Rating |
Weak |
Weak |
Weak |
P1 |
0 |
0 |
271.39 |
P2 |
327.98 |
323.18 |
328.21 |
P3 |
340.46 |
339.56 |
380.02 |
AI Generated Signals for CHTR
Blue = Current Price
Red= Resistance
Green = Support
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How do we know what is going on #behindthescenes of a company? According to Stock Traders Daily, a 20-year #financialindustry innovator, the best way to do this to to watch the price action in the stock. The Charter Communications (NASDAQ: CHTR) report below is a real world example. Included are trading plans for CHTR, but this report is static. If you want an update, or a different stock, please get one here Unlimited Real Time Reports.
Fundamental Charts for CHTR: