When the Price of (OXLCP) Talks, People Listen

September 05, 2024, 21:50 pm ET, BY Neal- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for OXLCP

• Buy OXLCP slightly over 23.78 target 24 stop loss @ 23.71 Details

The technical summary data tells us to buy OXLCP near 23.78 with an upside target of 24. This data also tells us to set a stop loss @ 23.71 to protect against excessive loss in case the stock begins to move against the trade. 23.78 is the first level of support below 23.79 , and by rule, any test of support is a buy signal. In this case, support 23.78 is being tested, a buy signal would exist.

• Short OXLCP slightly under 24, target 23.78, stop loss @ 24.07 Details

The technical summary data is suggesting a short of OXLCP as it gets near 24 with a downside target of 23.78. We should have a stop loss in place at 24.07though. 24 is the first level of resistance above 23.79, and by rule, any test of resistance is a short signal. In this case, if resistance 24 is being tested, a short signal would exist.

Swing Trading Plans for OXLCP

• Buy OXLCP slightly over n/a, target n/a, Stop Loss @ 0 Details

If n/a begins to break higher, the technical summary data tells us to buy OXLCP just slightly over n/a, with an upside target of n/a. The data also tells us to set a stop loss @ 0 in case the stock turns against the trade. n/a is the first level of resistance above 23.79, and by rule, any break above resistance is a buy signal. In this case, n/a, 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 OXLCP slightly near n/a, target 23.58, Stop Loss @ 0. Details

The technical summary data is suggesting a short of OXLCP if it tests n/a with a downside target of 23.58. We should have a stop loss in place at 0 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, n/a, 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 OXLCP

• Buy OXLCP slightly over 24, target n/a, Stop Loss @ 23.94 Details

If 24 begins to break higher, the technical summary data tells us to buy OXLCP just slightly over 24, with an upside target of n/a. The data also tells us to set a stop loss @ 23.94 in case the stock turns against the trade. 24 is the first level of resistance above 23.79, and by rule, any break above resistance is a buy signal. In this case, 24, 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 OXLCP slightly near 24, target 23.58, Stop Loss @ 24.06. Details

The technical summary data is suggesting a short of OXLCP if it tests 24 with a downside target of 23.58. We should have a stop loss in place at 24.06 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, 24, 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 Oxford Lane Capital Corp - 6.25% Prf Redeem 28/02/2027 Usd 25 - Ser 2027 (OXLCP) available here: OXLCP.

OXLCP Ratings for September 05:

Term →	Near	Mid	Long
Rating	Neutral	Neutral	Neutral
P1	0	0	23.58
P2	23.79	23.8	23.78
P3	0		24

AI Generated Signals for OXLCP

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This is not EF Hutton, but it could be more #powerful.  A picture speaks a thousand words, they say, and the #priceaction of Oxford Lane Capital Corp - 6.25% Prf Redeem 28/02/2027 Usd 25 - Ser 2027 (NASDAQ: OXLCP) tells an important story.  The movement tells us where investors perceive value, or the lack of it, and if we pay attention we can capture opportunity.  The data below for OXLCP can be used as an example, and demonstrate how to do this for other stocks too.  This data was current at the time of publication, but it is not updated in real time here. If you want real time updates, or data on a different stock, please get one here Unlimited Real Time Reports.