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

January 12, 2025, 18:24 pm ET, BY Harold S.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for LANC

• Buy LANC near 165.89 target 178.57 stop loss @ 165.41 Details

The technical summary data tells us to buy LANC near 165.89 with an upside target of 178.57. This data also tells us to set a stop loss @ 165.41 to protect against excessive loss in case the stock begins to move against the trade. 165.89 is the first level of support below 166.74 , and by rule, any test of support is a buy signal. In this case, support 165.89 would be being tested, so a buy signal would exist.

• Short LANC slightly under 178.57, target 165.89, stop loss @ 179.09 Details

The technical summary data is suggesting a short of LANC as it gets near 178.57 with a downside target of 165.89. We should have a stop loss in place at 179.09though. 178.57 is the first level of resistance above 166.74, and by rule, any test of resistance is a short signal. In this case, if resistance 178.57 is being tested, so a short signal would exist.

Swing Trading Plans for LANC

• Buy LANC slightly over 168.2, target 178.57, Stop Loss @ 167.71 Details

If 168.2 begins to break higher, the technical summary data tells us to buy LANC just slightly over 168.2, with an upside target of 178.57. The data also tells us to set a stop loss @ 167.71 in case the stock turns against the trade. 168.2 is the first level of resistance above 166.74, and by rule, any break above resistance is a buy signal. In this case, 168.2, 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 LANC slightly near 168.2, target 165.89, Stop Loss @ 168.69. Details

The technical summary data is suggesting a short of LANC if it tests 168.2 with a downside target of 165.89. We should have a stop loss in place at 168.69 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, 168.2, 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 LANC

• Buy LANC slightly over 168.2, target 168.94, Stop Loss @ 167.81 Details

If 168.2 begins to break higher, the technical summary data tells us to buy LANC just slightly over 168.2, with an upside target of 168.94. The data also tells us to set a stop loss @ 167.81 in case the stock turns against the trade. 168.2 is the first level of resistance above 166.74, and by rule, any break above resistance is a buy signal. In this case, 168.2, 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 LANC slightly near 168.2, target 165.89, Stop Loss @ 168.59. Details

The technical summary data is suggesting a short of LANC if it tests 168.2 with a downside target of 165.89. We should have a stop loss in place at 168.59 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, 168.2, 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  Lancaster Colony Corporation (LANC) available here: LANC.

LANC Ratings for January 12:

Term →	Near	Mid	Long
Rating	Weak	Weak	Neutral
P1	0	0	165.89
P2	165.56	164.88	178.57
P3	168.94	168.2	192.68

AI Generated Signals for LANC

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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  Lancaster Colony Corporation (NASDAQ: LANC) data table below can help you with price action, and we have more details too. Trading plans for LANC 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.