(ASR) Trading Report

October 20, 2024, 01:42 am ET, BY Billy- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for ASR

• Buy ASR near 274.07 target 310.45 stop loss @ 273.28 Details

The technical summary data tells us to buy ASR near 274.07 with an upside target of 310.45. This data also tells us to set a stop loss @ 273.28 to protect against excessive loss in case the stock begins to move against the trade. 274.07 is the first level of support below 280.35 , and by rule, any test of support is a buy signal. In this case, support 274.07 would be being tested, so a buy signal would exist.

• Short ASR slightly under 310.45, target 274.07, stop loss @ 311.35 Details

The technical summary data is suggesting a short of ASR as it gets near 310.45 with a downside target of 274.07. We should have a stop loss in place at 311.35though. 310.45 is the first level of resistance above 280.35, and by rule, any test of resistance is a short signal. In this case, if resistance 310.45 is being tested, so a short signal would exist.

Swing Trading Plans for ASR

• Buy ASR slightly over 283.54, target 310.45, Stop Loss @ 282.72 Details

If 283.54 begins to break higher, the technical summary data tells us to buy ASR just slightly over 283.54, with an upside target of 310.45. The data also tells us to set a stop loss @ 282.72 in case the stock turns against the trade. 283.54 is the first level of resistance above 280.35, and by rule, any break above resistance is a buy signal. In this case, 283.54, 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 ASR slightly near 283.54, target 276.92, Stop Loss @ 284.36. Details

The technical summary data is suggesting a short of ASR if it tests 283.54 with a downside target of 276.92. We should have a stop loss in place at 284.36 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, 283.54, 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 ASR

• Buy ASR slightly over 280.6, target 283.54, Stop Loss @ 279.95 Details

If 280.6 begins to break higher, the technical summary data tells us to buy ASR just slightly over 280.6, with an upside target of 283.54. The data also tells us to set a stop loss @ 279.95 in case the stock turns against the trade. 280.6 is the first level of resistance above 280.35, and by rule, any break above resistance is a buy signal. In this case, 280.6, 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 ASR slightly near 280.6, target 277.61, Stop Loss @ 281.25. Details

The technical summary data is suggesting a short of ASR if it tests 280.6 with a downside target of 277.61. We should have a stop loss in place at 281.25 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, 280.6, 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 Grupo Aeroportuario Del Sureste S.a. De C.v. (ASR) available here: ASR.

ASR Ratings for October 20:

Term →	Near	Mid	Long
Rating	Neutral	Neutral	Strong
P1	0	0	274.07
P2	277.61	276.92	310.45
P3	280.6	283.54	347.95

AI Generated Signals for ASR

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This report was produced using AI developed by Stock Traders Daily.  Over the past 20 years this proprietary AI has been refined to help identify the most opportune trading strategies for both individual stocks and the stock markets themselves.  This methodology is also applied to Index options, ETFs, and futures.  The objective of this specific report is to optimize trading in Grupo Aeroportuario Del Sureste S.a. De C.v. (NYSE: ASR) while incorporating prudent risk controls. 

Warning:

This is a static report, the data below was valid at the time of the publication, but support and resistance levels for ASR change over time, so the report should be updated regularly.  Real Time updates are provided to subscribers.  Unlimited Real Time Reports.

Subscribers also receive market analysis, stock correlation tools, macroeconomic observations, timing tools, and protection from market crashes using Evitar Corte.  

Instructions:

The rules that govern the data in this report are the rules of Technical Analysis.  For example, if ASR is testing support buy signals surface, and resistance is the target.  Conversely, if resistance is being tested, that is a sign to control risk or short, and support would be the downside target accordingly.  In each case, the trigger point is designed to be both an ideal place to enter a position (avoid trading in the middle of a trading channel), and it acts as a level of risk control too.

Swing Trades, Day Trades, and Longer term Trading Plans:

This data is refined to differentiate trading plans for Day Trading, Swing Trading, and Long Term Investing plans for ASR too.  All of these are offered below the Summary Table.