Learn to Evaluate (ITRI) using the Charts
November 09, 2024, 22:06 pm ET, BY Billy- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for ITRI
- Buy ITRI near 113.46 target 124.34 stop loss @ 113.13 Details
The technical summary data tells us to buy ITRI near 113.46 with an upside target of 124.34. This data also tells us to set a stop loss @ 113.13 to protect against excessive loss in case the stock begins to move against the trade. 113.46 is the first level of support below 123.73 , and by rule, any test of support is a buy signal. In this case, support 113.46 is being tested, a buy signal would exist.
- Short ITRI slightly under 124.34, target 113.46, stop loss @ 124.7 Details
The technical summary data is suggesting a short of ITRI as it gets near 124.34 with a downside target of 113.46. We should have a stop loss in place at 124.7though. 124.34 is the first level of resistance above 123.73, and by rule, any test of resistance is a short signal. In this case, if resistance 124.34 is being tested, a short signal would exist.
Swing Trading Plans for ITRI
- Buy ITRI slightly over 124.34, target 124.92, Stop Loss @ 123.98 Details
If 124.34 begins to break higher, the technical summary data tells us to buy ITRI just slightly over 124.34, with an upside target of 124.92. The data also tells us to set a stop loss @ 123.98 in case the stock turns against the trade. 124.34 is the first level of resistance above 123.73, and by rule, any break above resistance is a buy signal. In this case, 124.34, 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 ITRI slightly near 124.34, target 118.99, Stop Loss @ 124.7. Details
The technical summary data is suggesting a short of ITRI if it tests 124.34 with a downside target of 118.99. We should have a stop loss in place at 124.7 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, 124.34, 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 ITRI
- Buy ITRI slightly over 123.8, target 124.34, Stop Loss @ 123.51 Details
If 123.8 begins to break higher, the technical summary data tells us to buy ITRI just slightly over 123.8, with an upside target of 124.34. The data also tells us to set a stop loss @ 123.51 in case the stock turns against the trade. 123.8 is the first level of resistance above 123.73, and by rule, any break above resistance is a buy signal. In this case, 123.8, 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 ITRI slightly near 123.8, target 118.99, Stop Loss @ 124.09. Details
The technical summary data is suggesting a short of ITRI if it tests 123.8 with a downside target of 118.99. We should have a stop loss in place at 124.09 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, 123.8, 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 Itron Inc. (ITRI) available here: ITRI.
ITRI Ratings for November 09:
| Term → | Near |
Mid |
Long |
|---|
| Rating |
Strong |
Strong |
Strong |
| P1 |
0 |
0 |
103.06 |
| P2 |
123.8 |
118.99 |
113.46 |
| P3 |
126.13 |
124.92 |
124.34 |
AI Generated Signals for ITRI
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 Itron Inc. (NASDAQ: ITRI) report below can help you understand how to do this. The trading plans for ITRI, 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 ITRI:
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