Using the Action in Telephone And Data Systems #TDS to our Advantage

Source: Stock Traders Daily

Technical Summary

Term →Near Mid Long
Bias Strong Neutral Neutral
P1 0 0 18.74
P2 24.45 23.48 20.99
P3 25.04 24.51 23.28

Our job as #investors is to pay attention to the #stocks we own.  Part of that involves looking at the #fundamentals, but half of the disclosure comes from looking at price action. The  Telephone And Data Systems (NYSE: TDS) data table below can help you with price action, and we have more details too. Trading plans for TDS are shown here too; these plans are updated in real time for subscribers, where this report is static. If you want an update, or a report on a different stock, please get one here Unlimited Real Time Reports.

Long Term Trading Plans for TDS

May 9, 2021, 8:00 am ET

The Technical Summary and Trading Plans for TDS help you determine where to buy, sell, and set risk controls. The data is best used in conjunction with our Market Analysis and Stock Correlation Filters too, because those help us go with the flow of the market as well. Going with the flow is extremely important, so review our Market Analysis with this TDS Report.

TDS - (Long) Support Plan

The technical summary data tells us to buy TDS near 23.28, but there is no current upside target from the summary table. In this case we should wait until either an update to the summary table has been made (which usually happens at the beginning of every trading day), or until the position has been stopped. The data does tell us to set a stop loss 23.21 to protect against excessive loss in case the stock begins to move against the trade. 23.28 is the first level of support below 24.73, and by rule, any test of support is a buy signal. In this case, if support 23.28 is being tested, a buy signal would exist.

TDS - (Short) Resistance Plan

NONE .
There are no current resistance levels from the summary table, and therefore there are no Short resistance Plans which tell us to short upon tests of resistance. Resistance levels have broken higher and unless the stock reverses lower and below support levels again short positions look risky.

Graph of Evitar Corte vs S&P 500

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Swing Trading Plans for TDS

May 9, 2021, 8:00 am ET

The Technical Summary and Trading Plans for TDS help you determine where to buy, sell, and set risk controls. The data is best used in conjunction with our Market Analysis and Stock Correlation Filters too, because those help us go with the flow of the market as well. Going with the flow is extremely important, so review our Market Analysis with this TDS Report.

TDS - (Long) Support Plan

If n/a begins to break higher, the technical summary data tells us to buy TDS just over n/a, with an upside target of n/a. The data also tells us to set a stop loss @ 0 in case the stock turns against the trade. n/a is the first level of resistance above 24.73, and by rule, any break above resistance is a buy signal. In this case, n/a, 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.

TDS - (Short) Resistance Plan

The technical summary data is suggesting a short of TDS if it tests n/a with a downside target of 24.51. We should have a stop loss in place at 0 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, n/a, 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 TDS

May 9, 2021, 8:00 am ET

The Technical Summary and Trading Plans for TDS help you determine where to buy, sell, and set risk controls. The data is best used in conjunction with our Market Analysis and Stock Correlation Filters too, because those help us go with the flow of the market as well. Going with the flow is extremely important, so review our Market Analysis with this TDS Report.

TDS - (Long) Support Plan

If 25.04 begins to break higher, the technical summary data tells us to buy TDS just over 25.04, with an upside target of n/a. The data also tells us to set a stop loss @ 24.98 in case the stock turns against the trade. 25.04 is the first level of resistance above 24.73, and by rule, any break above resistance is a buy signal. In this case, 25.04, 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.

TDS - (Short) Resistance Plan

The technical summary data is suggesting a short of TDS if it tests 25.04 with a downside target of 24.51. We should have a stop loss in place at 25.1 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, 25.04, 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.