When Amedisys (AMED) Moves Investors should Listen
February 14, 2023, 15:15 pm ET, BY Harold S.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for AMED
- Buy AMED slightly over 80.49 target 95.23 stop loss @ 80.26 Details
The technical summary data tells us to buy AMED near 80.49 with an upside target of 95.23. This data also tells us to set a stop loss @ 80.26 to protect against excessive loss in case the stock begins to move against the trade. 80.49 is the first level of support below 94.725 , and by rule, any test of support is a buy signal. In this case, support 80.49 is being tested, a buy signal would exist.
- Short AMED slightly under 95.23, target 80.49, stop loss @ 95.51 Details
The technical summary data is suggesting a short of AMED as it gets near 95.23 with a downside target of 80.49. We should have a stop loss in place at 95.51though. 95.23 is the first level of resistance above 94.725, and by rule, any test of resistance is a short signal. In this case, if resistance 95.23 is being tested, a short signal would exist.
Swing Trading Plans for AMED
- Buy AMED slightly over 95.23, target 97.28, Stop Loss @ 94.95 Details
If 95.23 begins to break higher, the technical summary data tells us to buy AMED just slightly over 95.23, with an upside target of 97.28. The data also tells us to set a stop loss @ 94.95 in case the stock turns against the trade. 95.23 is the first level of resistance above 94.725, and by rule, any break above resistance is a buy signal. In this case, 95.23, 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 AMED slightly near 95.23, target 92.03, Stop Loss @ 95.51. Details
The technical summary data is suggesting a short of AMED if it tests 95.23 with a downside target of 92.03. We should have a stop loss in place at 95.51 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, 95.23, 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 AMED
- Buy AMED slightly over 95.23, target 95.83, Stop Loss @ 95.01 Details
If 95.23 begins to break higher, the technical summary data tells us to buy AMED just slightly over 95.23, with an upside target of 95.83. The data also tells us to set a stop loss @ 95.01 in case the stock turns against the trade. 95.23 is the first level of resistance above 94.725, and by rule, any break above resistance is a buy signal. In this case, 95.23, 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 AMED slightly near 95.23, target 92.03, Stop Loss @ 95.45. Details
The technical summary data is suggesting a short of AMED if it tests 95.23 with a downside target of 92.03. We should have a stop loss in place at 95.45 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, 95.23, 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 Amedisys (AMED) available here: AMED.
AMED Ratings for February 14:
| Term → | Near |
Mid |
Long |
|---|
| Rating |
Weak |
Strong |
Weak |
| P1 |
0 |
0 |
65.81 |
| P2 |
95.83 |
92.03 |
80.49 |
| P3 |
98.29 |
97.28 |
95.23 |
AI Generated Signals for AMED
Blue = Current Price
Red= Resistance
Green = Support
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How do we know what is going on #behindthescenes of a company? According to Stock Traders Daily, a 20-year #financialindustry innovator, the best way to do this to to watch the price action in the stock. The Amedisys (NASDAQ: AMED) report below is a real world example. Included are trading plans for AMED, but this report is static. If you want an update, or a different stock, please get one here Unlimited Real Time Reports.
Fundamental Charts for AMED:
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