Trading (CASY) With Integrated Risk Controls

September 01, 2024, 00:48 am ET, BY Harold S.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for CASY

• Buy CASY slightly over 348.37 target 372.33 stop loss @ 347.36 Details

The technical summary data tells us to buy CASY near 348.37 with an upside target of 372.33. This data also tells us to set a stop loss @ 347.36 to protect against excessive loss in case the stock begins to move against the trade. 348.37 is the first level of support below 362.31 , and by rule, any test of support is a buy signal. In this case, support 348.37 would be being tested, so a buy signal would exist.

• Short CASY slightly under 372.33, target 348.37, stop loss @ 373.41 Details

The technical summary data is suggesting a short of CASY as it gets near 372.33 with a downside target of 348.37. We should have a stop loss in place at 373.41though. 372.33 is the first level of resistance above 362.31, and by rule, any test of resistance is a short signal. In this case, if resistance 372.33 is being tested, so a short signal would exist.

Swing Trading Plans for CASY

• Buy CASY slightly over 366.86, target 372.33, Stop Loss @ 365.8 Details

If 366.86 begins to break higher, the technical summary data tells us to buy CASY just slightly over 366.86, with an upside target of 372.33. The data also tells us to set a stop loss @ 365.8 in case the stock turns against the trade. 366.86 is the first level of resistance above 362.31, and by rule, any break above resistance is a buy signal. In this case, 366.86, 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 CASY slightly near 366.86, target 358.97, Stop Loss @ 367.92. Details

The technical summary data is suggesting a short of CASY if it tests 366.86 with a downside target of 358.97. We should have a stop loss in place at 367.92 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, 366.86, 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 CASY

• Buy CASY slightly over 366.86, target 372.33, Stop Loss @ 366 Details

If 366.86 begins to break higher, the technical summary data tells us to buy CASY just slightly over 366.86, with an upside target of 372.33. The data also tells us to set a stop loss @ 366 in case the stock turns against the trade. 366.86 is the first level of resistance above 362.31, and by rule, any break above resistance is a buy signal. In this case, 366.86, 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 CASY slightly near 366.86, target 361.88, Stop Loss @ 367.72. Details

The technical summary data is suggesting a short of CASY if it tests 366.86 with a downside target of 361.88. We should have a stop loss in place at 367.72 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, 366.86, 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 Caseys General Stores Inc. (CASY) available here: CASY.

CASY Ratings for September 01:

Term →	Near	Mid	Long
Rating	Weak	Neutral	Strong
P1	0	0	348.37
P2	356.37	358.97	372.33
P3	361.88	366.86	397.92

AI Generated Signals for CASY

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