When (LDP) Moves Investors should Listen
May 02, 2024, 15:14 pm ET, BY Mitchell H.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for LDP
- Buy LDP slightly over 19.51 target 20.37 stop loss @ 19.45 Details
The technical summary data tells us to buy LDP near 19.51 with an upside target of 20.37. This data also tells us to set a stop loss @ 19.45 to protect against excessive loss in case the stock begins to move against the trade. 19.51 is the first level of support below 19.53 , and by rule, any test of support is a buy signal. In this case, support 19.51 is being tested, a buy signal would exist.
- Short LDP slightly under 20.37, target 19.51, stop loss @ 20.43 Details
The technical summary data is suggesting a short of LDP as it gets near 20.37 with a downside target of 19.51. We should have a stop loss in place at 20.43though. 20.37 is the first level of resistance above 19.53, and by rule, any test of resistance is a short signal. In this case, if resistance 20.37 is being tested, a short signal would exist.
Swing Trading Plans for LDP
- Buy LDP 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 LDP 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 19.53, 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 LDP slightly near n/a, target 19.51, Stop Loss @ 0. Details
The technical summary data is suggesting a short of LDP if it tests n/a with a downside target of 19.51. 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 LDP
- Buy LDP slightly over 20.37, target n/a, Stop Loss @ 20.32 Details
If 20.37 begins to break higher, the technical summary data tells us to buy LDP just slightly over 20.37, with an upside target of n/a. The data also tells us to set a stop loss @ 20.32 in case the stock turns against the trade. 20.37 is the first level of resistance above 19.53, and by rule, any break above resistance is a buy signal. In this case, 20.37, 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 LDP slightly near 20.37, target 19.51, Stop Loss @ 20.42. Details
The technical summary data is suggesting a short of LDP if it tests 20.37 with a downside target of 19.51. We should have a stop loss in place at 20.42 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, 20.37, 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 Cohen & Steers Limited Duration Preferred And Income Fund Inc. (LDP) available here: LDP.
LDP Ratings for May 02:
| Term → | Near |
Mid |
Long |
|---|
| Rating |
Neutral |
Neutral |
Strong |
| P1 |
0 |
0 |
18.64 |
| P2 |
19.5 |
19.5 |
19.51 |
| P3 |
0 |
|
20.37 |
AI Generated Signals for LDP
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 Cohen & Steers Limited Duration Preferred And Income Fund Inc. (NYSE: LDP) report below is a real world example. Included are trading plans for LDP, 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 LDP:
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