(RL) Technical Pivots with Risk Controls

Longer Term Trading Plans for RL

• Buy RL near 275.74 target 307.54 stop loss @ 274.94 Details

The technical summary data tells us to buy RL near 275.74 with an upside target of 307.54. This data also tells us to set a stop loss @ 274.94 to protect against excessive loss in case the stock begins to move against the trade. 275.74 is the first level of support below 286.26 , and by rule, any test of support is a buy signal. In this case, support 275.74 is being tested, a buy signal would exist.

• Short RL slightly under 307.54, target 275.74, stop loss @ 308.43 Details

The technical summary data is suggesting a short of RL as it gets near 307.54 with a downside target of 275.74. We should have a stop loss in place at 308.43though. 307.54 is the first level of resistance above 286.26, and by rule, any test of resistance is a short signal. In this case, if resistance 307.54 is being tested, a short signal would exist.

Swing Trading Plans for RL

• Buy RL slightly over 295.58, target 307.54, Stop Loss @ 294.73 Details

If 295.58 begins to break higher, the technical summary data tells us to buy RL just slightly over 295.58, with an upside target of 307.54. The data also tells us to set a stop loss @ 294.73 in case the stock turns against the trade. 295.58 is the first level of resistance above 286.26, and by rule, any break above resistance is a buy signal. In this case, 295.58, 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 RL slightly near 295.58, target 285.07, Stop Loss @ 296.43. Details

The technical summary data is suggesting a short of RL if it tests 295.58 with a downside target of 285.07. We should have a stop loss in place at 296.43 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, 295.58, 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 RL

• Buy RL slightly over 286.93, target 295.58, Stop Loss @ 286.26 Details

If 286.93 begins to break higher, the technical summary data tells us to buy RL just slightly over 286.93, with an upside target of 295.58. The data also tells us to set a stop loss @ 286.26 in case the stock turns against the trade. 286.93 is the first level of resistance above 286.26, and by rule, any break above resistance is a buy signal. In this case, 286.93, 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 RL slightly near 286.93, target 285.07, Stop Loss @ 287.6. Details

The technical summary data is suggesting a short of RL if it tests 286.93 with a downside target of 285.07. We should have a stop loss in place at 287.6 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, 286.93, 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 Ralph Lauren Corporation (RL) available here: RL.

RL Ratings for July 18:

Term →	Near	Mid	Long
Rating	Weak	Strong	Strong
P1	0	0	242.48
P2	282.91	285.07	275.74
P3	286.93	295.58	307.54

AI Generated Signals for RL

Real Time Updates for Repeat Institutional Readers:

• Factset: Request User/Pass
• Bloomberg, Reuters, Refinitiv, Zacks, or IB users: Access Here.

Instructions:

• Click the Get Real Time Updates button below.

• In the login prompt, select forgot username

• Type the email you use for Factset

• Use the user/pass you receive to login

• You will have 24/7 access to real time updates.

From then on you can just click to get the real time update whenever you want.

GET REAL TIME UPDATES