When Nordson ($NDSN) Moves Investors should Listen

February 28, 2023, 13:30 pm ET, BY Billy- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for NDSN

• Buy NDSN slightly over 218.68 target 234.09 stop loss @ 218.05 Details

The technical summary data tells us to buy NDSN near 218.68 with an upside target of 234.09. This data also tells us to set a stop loss @ 218.05 to protect against excessive loss in case the stock begins to move against the trade. 218.68 is the first level of support below 221.525 , and by rule, any test of support is a buy signal. In this case, support 218.68 would be being tested, so a buy signal would exist.

• Short NDSN slightly under 234.09, target 218.68, stop loss @ 234.77 Details

The technical summary data is suggesting a short of NDSN as it gets near 234.09 with a downside target of 218.68. We should have a stop loss in place at 234.77though. 234.09 is the first level of resistance above 221.525, and by rule, any test of resistance is a short signal. In this case, if resistance 234.09 is being tested, so a short signal would exist.

Swing Trading Plans for NDSN

• Buy NDSN slightly over 225.55, target 234.09, Stop Loss @ 224.9 Details

If 225.55 begins to break higher, the technical summary data tells us to buy NDSN just slightly over 225.55, with an upside target of 234.09. The data also tells us to set a stop loss @ 224.9 in case the stock turns against the trade. 225.55 is the first level of resistance above 221.525, and by rule, any break above resistance is a buy signal. In this case, 225.55, 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 NDSN slightly near 225.55, target 218.68, Stop Loss @ 226.2. Details

The technical summary data is suggesting a short of NDSN if it tests 225.55 with a downside target of 218.68. We should have a stop loss in place at 226.2 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, 225.55, 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 NDSN

• Buy NDSN slightly over 223.51, target 225.55, Stop Loss @ 222.99 Details

If 223.51 begins to break higher, the technical summary data tells us to buy NDSN just slightly over 223.51, with an upside target of 225.55. The data also tells us to set a stop loss @ 222.99 in case the stock turns against the trade. 223.51 is the first level of resistance above 221.525, and by rule, any break above resistance is a buy signal. In this case, 223.51, 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 NDSN slightly near 223.51, target 218.68, Stop Loss @ 224.03. Details

The technical summary data is suggesting a short of NDSN if it tests 223.51 with a downside target of 218.68. We should have a stop loss in place at 224.03 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, 223.51, 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  Nordson (NDSN) available here: NDSN.

NDSN Ratings for February 28:

Term →	Near	Mid	Long
Rating	Weak	Neutral	Neutral
P1	0	0	218.68
P2	208.46	211.13	234.09
P3	223.51	225.55	249.71

AI Generated Signals for NDSN

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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  Nordson (NASDAQ: NDSN) report below is a real world example. Included are trading plans for NDSN, but this report is static. If you want an update, or a different stock, please get one here Unlimited Real Time Reports.