Trading (DJCO) With Integrated Risk Controls

April 10, 2024, 22:06 pm ET, BY Billy- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for DJCO

• Buy DJCO slightly over 351.88 target 378.44 stop loss @ 350.86 Details

The technical summary data tells us to buy DJCO near 351.88 with an upside target of 378.44. This data also tells us to set a stop loss @ 350.86 to protect against excessive loss in case the stock begins to move against the trade. 351.88 is the first level of support below 352 , and by rule, any test of support is a buy signal. In this case, support 351.88 is being tested, a buy signal would exist.

• Short DJCO slightly under 378.44, target 351.88, stop loss @ 379.53 Details

The technical summary data is suggesting a short of DJCO as it gets near 378.44 with a downside target of 351.88. We should have a stop loss in place at 379.53though. 378.44 is the first level of resistance above 352, and by rule, any test of resistance is a short signal. In this case, if resistance 378.44 is being tested, a short signal would exist.

Swing Trading Plans for DJCO

• Buy DJCO slightly over 366.76, target 378.44, Stop Loss @ 365.7 Details

If 366.76 begins to break higher, the technical summary data tells us to buy DJCO just slightly over 366.76, with an upside target of 378.44. The data also tells us to set a stop loss @ 365.7 in case the stock turns against the trade. 366.76 is the first level of resistance above 352, and by rule, any break above resistance is a buy signal. In this case, 366.76, 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 DJCO slightly near 366.76, target 351.88, Stop Loss @ 367.82. Details

The technical summary data is suggesting a short of DJCO if it tests 366.76 with a downside target of 351.88. We should have a stop loss in place at 367.82 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, 366.76, 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 DJCO

• Buy DJCO slightly over 365.28, target 366.76, Stop Loss @ 364.43 Details

If 365.28 begins to break higher, the technical summary data tells us to buy DJCO just slightly over 365.28, with an upside target of 366.76. The data also tells us to set a stop loss @ 364.43 in case the stock turns against the trade. 365.28 is the first level of resistance above 352, and by rule, any break above resistance is a buy signal. In this case, 365.28, 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 DJCO slightly near 365.28, target 351.88, Stop Loss @ 366.13. Details

The technical summary data is suggesting a short of DJCO if it tests 365.28 with a downside target of 351.88. We should have a stop loss in place at 366.13 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, 365.28, 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 Daily Journal Corp. (s.c.) (DJCO) available here: DJCO.

DJCO Ratings for April 10:

Term →	Near	Mid	Long
Rating	Neutral	Neutral	Strong
P1	0	0	328.01
P2	365.28	366.76	351.88
P3	379.96	380.08	378.44

AI Generated Signals for DJCO

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Price matters most to #makingmoney in the #stockmarket. Celebrating 20 years, Stock Traders Daily provides the tools that help you develop investment strategies, and this is a good example. When we couple this with our market based analysis, the probabilities of going with the flow increases, and that is material over time. The Daily Journal Corp. (s.c.) (NASDAQ: DJCO) report below can help you, but we have more details too. The trading plans for DJCO, and the other 1000+ stocks we follow, are updated in real time for subscribers, but this report is static. If you want an update, or a different report, please get one here Unlimited Real Time Reports.