(GVA) Technical Pivots with Risk Controls

December 22, 2024, 11:48 am ET, BY Harold S.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for GVA

• Buy GVA near 83.56 target 91.19 stop loss @ 83.32 Details

The technical summary data tells us to buy GVA near 83.56 with an upside target of 91.19. This data also tells us to set a stop loss @ 83.32 to protect against excessive loss in case the stock begins to move against the trade. 83.56 is the first level of support below 90.67 , and by rule, any test of support is a buy signal. In this case, support 83.56 would be being tested, so a buy signal would exist.

• Short GVA slightly under 91.19, target 83.56, stop loss @ 91.45 Details

The technical summary data is suggesting a short of GVA as it gets near 91.19 with a downside target of 83.56. We should have a stop loss in place at 91.45though. 91.19 is the first level of resistance above 90.67, and by rule, any test of resistance is a short signal. In this case, if resistance 91.19 is being tested, so a short signal would exist.

Swing Trading Plans for GVA

• Buy GVA slightly over 91.19, target 91.64, Stop Loss @ 90.93 Details

If 91.19 begins to break higher, the technical summary data tells us to buy GVA just slightly over 91.19, with an upside target of 91.64. The data also tells us to set a stop loss @ 90.93 in case the stock turns against the trade. 91.19 is the first level of resistance above 90.67, and by rule, any break above resistance is a buy signal. In this case, 91.19, 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 GVA slightly near 91.19, target 88.55, Stop Loss @ 91.45. Details

The technical summary data is suggesting a short of GVA if it tests 91.19 with a downside target of 88.55. We should have a stop loss in place at 91.45 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, 91.19, 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 GVA

• Buy GVA slightly over 91.36, target 91.64, Stop Loss @ 91.15 Details

If 91.36 begins to break higher, the technical summary data tells us to buy GVA just slightly over 91.36, with an upside target of 91.64. The data also tells us to set a stop loss @ 91.15 in case the stock turns against the trade. 91.36 is the first level of resistance above 90.67, and by rule, any break above resistance is a buy signal. In this case, 91.36, 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 GVA slightly near 91.36, target 88.96, Stop Loss @ 91.57. Details

The technical summary data is suggesting a short of GVA if it tests 91.36 with a downside target of 88.96. We should have a stop loss in place at 91.57 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, 91.36, 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 Granite Construction Incorporated (GVA) available here: GVA.

GVA Ratings for December 22:

Term →	Near	Mid	Long
Rating	Weak	Weak	Strong
P1	0	0	83.56
P2	88.96	88.55	91.19
P3	91.36	91.64	98.83

AI Generated Signals for GVA

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The technical pivots for Granite Construction Incorporated (NYSE: GVA) help you determine how to trade, when to buy, when to sell, and how to control risk.

Warning:

This is a static report, the data below was valid at the time of the publication, but support and resistance levels for GVA change over time, so the report should be updated regularly.  Real Time updates are provided to subscribers.  Unlimited Real Time Reports.

Subscribers also receive market analysis, stock correlation tools, macroeconomic observations, timing tools, and protection from market crashes using Evitar Corte.  

Instructions:

The rules that govern the data in this report are the rules of Technical Analysis.  For example, if GVA is testing support buy signals surface, and resistance is the target.  Conversely, if resistance is being tested, that is a sign to control risk or short, and support would be the downside target accordingly.  In each case, the trigger point is designed to be both an ideal place to enter a position (avoid trading in the middle of a trading channel), and it acts as a level of risk control too.

Swing Trades, Day Trades, and Longer term Trading Plans:

This data is refined to differentiate trading plans for Day Trading, Swing Trading, and Long Term Investing plans for GVA too.  All of these are offered below the Summary Table.