How the (TDG) price action is used to our Advantage

January 11, 2024, 21:32 pm ET, BY Harold S.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for TDG

• Buy TDG slightly over 978.11 target 1034.24 stop loss @ 975.29 Details

The technical summary data tells us to buy TDG near 978.11 with an upside target of 1034.24. This data also tells us to set a stop loss @ 975.29 to protect against excessive loss in case the stock begins to move against the trade. 978.11 is the first level of support below 1019.82 , and by rule, any test of support is a buy signal. In this case, support 978.11 is being tested, a buy signal would exist.

• Short TDG slightly under 1034.24, target 978.11, stop loss @ 1037.23 Details

The technical summary data is suggesting a short of TDG as it gets near 1034.24 with a downside target of 978.11. We should have a stop loss in place at 1037.23though. 1034.24 is the first level of resistance above 1019.82, and by rule, any test of resistance is a short signal. In this case, if resistance 1034.24 is being tested, a short signal would exist.

Swing Trading Plans for TDG

• Buy TDG slightly over 1034.24, target n/a, Stop Loss @ 1031.25 Details

If 1034.24 begins to break higher, the technical summary data tells us to buy TDG just slightly over 1034.24, with an upside target of n/a. The data also tells us to set a stop loss @ 1031.25 in case the stock turns against the trade. 1034.24 is the first level of resistance above 1019.82, and by rule, any break above resistance is a buy signal. In this case, 1034.24, 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 TDG slightly near 1034.24, target 1010.94, Stop Loss @ 1037.23. Details

The technical summary data is suggesting a short of TDG if it tests 1034.24 with a downside target of 1010.94. We should have a stop loss in place at 1037.23 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, 1034.24, 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.

Day Trading Plans for TDG

• Buy TDG slightly over 1025.71, target 1034.24, Stop Loss @ 1023.32 Details

If 1025.71 begins to break higher, the technical summary data tells us to buy TDG just slightly over 1025.71, with an upside target of 1034.24. The data also tells us to set a stop loss @ 1023.32 in case the stock turns against the trade. 1025.71 is the first level of resistance above 1019.82, and by rule, any break above resistance is a buy signal. In this case, 1025.71, 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 TDG slightly near 1025.71, target 1016.55, Stop Loss @ 1028.1. Details

The technical summary data is suggesting a short of TDG if it tests 1025.71 with a downside target of 1016.55. We should have a stop loss in place at 1028.1 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, 1025.71, 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  Transdigm Group Incorporated (TDG) available here: TDG.

TDG Ratings for January 11:

Term →	Near	Mid	Long
Rating	Strong	Neutral	Strong
P1	0	0	920.86
P2	1016.55	981.52	978.11
P3	1025.71	1010.94	1034.24

AI Generated Signals for TDG

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Our job as #investors is to pay attention to the #stocks we own.  Part of that involves looking at the #fundamentals, but half of the disclosure comes from looking at price action. The  Transdigm Group Incorporated (NYSE: TDG) data table below can help you with price action, and we have more details too. Trading plans for TDG are shown here too; these plans are updated in real time for subscribers, where this report is static. If you want an update, or a report on a different stock, please get one here Unlimited Real Time Reports.