pool adsHow to Develop Trading Plans for Tripadvisor $TRIP and other Stocks
According to Stock Traders Daily, a 2-year industry veteran, investors can use the price action in Tripadvisor (NASDAQ: TRIP) to foretell upcoming changes. A current example is provided below. There are trading plans for TRIP, but the data on this page does not update in real time. If you want a real time update, or a different stock, please get one here Unlimited Real Time Reports.
Technical Summary
| Term → | Near | Mid | Long |
|---|---|---|---|
| Rating | Strong | Neutral | Strong |
| P1 | 0 | 0 | 35.45 |
| P2 | 52.13 | 49.29 | 43.74 |
| P3 | 53.47 | 52.38 | 53.67 |
Support and Resistance Plot Chart for TRIP
Long Term Trading Plans for TRIP
April 18, 2021, 10:00 am ET
The Technical Summary and Trading Plans for TRIP help you determine where to buy, sell, and set risk controls. The data is best used in conjunction with our Market Analysis and Stock Correlation Filters too, because those help us go with the flow of the market as well. Going with the flow is extremely important, so review our Market Analysis with this TRIP Report.
TRIP - (Long) Support Plan
The technical summary data tells us to buy TRIP near 43.74 with an upside target of 53.67. This data also tells us to set a stop loss @ 43.61 to protect against excessive loss in case the stock begins to move against the trade. 43.74 is the first level of support below 52.58 , and by rule, any test of support is a buy signal. In this case, support 43.74 is being tested, a buy signal would exist.
TRIP - (Short) Resistance Plan
The technical summary data is suggesting a short of TRIP as it gets near 53.67 with a downside target of 43.74. We should have a stop loss in place at 53.82though. 53.67 is the first level of resistance above 52.58, and by rule, any test of resistance is a short signal. In this case, if resistance 53.67 is being tested, a short signal would exist.
Blue = Current Price
Red= Resistance
Green = Support
Real Time Updates for Repeat Institutional Readers:
Factset: Request User/Pass
Bloomberg, Reuters, Refinitiv, Zacks, or IB users: Access Here.
Our Market Crash Leading Indicator is Evitar Corte.
Evitar Corte warned of market crash risk four times since 2000.
It identified the Internet Debacle before it happened.
It identified the Credit Crisis before it happened.
It identified the Corona Crash too.
See what Evitar Corte is Saying Now.
Get Notified When our Ratings Change: Take a Trial
