Learn to Evaluate (DTE) using the Charts
January 15, 2024, 18:50 pm ET, BY Harold S.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for DTE
- Buy DTE slightly over 103.77 target 110 stop loss @ 103.47 Details
The technical summary data tells us to buy DTE near 103.77 with an upside target of 110. This data also tells us to set a stop loss @ 103.47 to protect against excessive loss in case the stock begins to move against the trade. 103.77 is the first level of support below 108.85 , and by rule, any test of support is a buy signal. In this case, support 103.77 is being tested, a buy signal would exist.
- Short DTE slightly under 110, target 103.77, stop loss @ 110.32 Details
The technical summary data is suggesting a short of DTE as it gets near 110 with a downside target of 103.77. We should have a stop loss in place at 110.32though. 110 is the first level of resistance above 108.85, and by rule, any test of resistance is a short signal. In this case, if resistance 110 is being tested, a short signal would exist.
Swing Trading Plans for DTE
- Buy DTE slightly over 110, target 110.84, Stop Loss @ 109.68 Details
If 110 begins to break higher, the technical summary data tells us to buy DTE just slightly over 110, with an upside target of 110.84. The data also tells us to set a stop loss @ 109.68 in case the stock turns against the trade. 110 is the first level of resistance above 108.85, and by rule, any break above resistance is a buy signal. In this case, 110, 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 DTE slightly near 110, target 108.53, Stop Loss @ 110.32. Details
The technical summary data is suggesting a short of DTE if it tests 110 with a downside target of 108.53. We should have a stop loss in place at 110.32 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, 110, 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 DTE
- Buy DTE slightly over 109.07, target 110, Stop Loss @ 108.82 Details
If 109.07 begins to break higher, the technical summary data tells us to buy DTE just slightly over 109.07, with an upside target of 110. The data also tells us to set a stop loss @ 108.82 in case the stock turns against the trade. 109.07 is the first level of resistance above 108.85, and by rule, any break above resistance is a buy signal. In this case, 109.07, 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 DTE slightly near 109.07, target 108.53, Stop Loss @ 109.32. Details
The technical summary data is suggesting a short of DTE if it tests 109.07 with a downside target of 108.53. We should have a stop loss in place at 109.32 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, 109.07, 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 Dte Energy Company (DTE) available here: DTE.
DTE Ratings for January 15:
| Term → | Near |
Mid |
Long |
|---|
| Rating |
Weak |
Neutral |
Neutral |
| P1 |
0 |
0 |
96.98 |
| P2 |
107.29 |
108.53 |
103.77 |
| P3 |
109.07 |
110.84 |
110 |
AI Generated Signals for DTE
Blue = Current Price
Red= Resistance
Green = Support
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When #institutionalinvestors make decisions to buy and sell #stocks they normally want to keep it quiet. However, if we pay close attention we can see what is going on, and make good decisions.. The Dte Energy Company (NYSE: DTE) report below can help you understand how to do this. The trading plans for DTE, are updated in real time for subscribers, but this report is static. If you want an update, or a different report on a different stock, please get one here Unlimited Real Time Reports.
Fundamental Charts for DTE:
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