How the (ARGX) price action is used to our Advantage
January 02, 2025, 22:28 pm ET, BY Tom S.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for ARGX
- Buy ARGX near 607.13 target 655.52 stop loss @ 605.38 Details
The technical summary data tells us to buy ARGX near 607.13 with an upside target of 655.52. This data also tells us to set a stop loss @ 605.38 to protect against excessive loss in case the stock begins to move against the trade. 607.13 is the first level of support below 620.16 , and by rule, any test of support is a buy signal. In this case, support 607.13 is being tested, a buy signal would exist.
- Short ARGX slightly under 655.52, target 607.13, stop loss @ 657.41 Details
The technical summary data is suggesting a short of ARGX as it gets near 655.52 with a downside target of 607.13. We should have a stop loss in place at 657.41though. 655.52 is the first level of resistance above 620.16, and by rule, any test of resistance is a short signal. In this case, if resistance 655.52 is being tested, a short signal would exist.
Swing Trading Plans for ARGX
- Buy ARGX slightly over 629.23, target 655.52, Stop Loss @ 627.41 Details
If 629.23 begins to break higher, the technical summary data tells us to buy ARGX just slightly over 629.23, with an upside target of 655.52. The data also tells us to set a stop loss @ 627.41 in case the stock turns against the trade. 629.23 is the first level of resistance above 620.16, and by rule, any break above resistance is a buy signal. In this case, 629.23, 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 ARGX slightly near 629.23, target 612.43, Stop Loss @ 631.05. Details
The technical summary data is suggesting a short of ARGX if it tests 629.23 with a downside target of 612.43. We should have a stop loss in place at 631.05 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, 629.23, 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 ARGX
- Buy ARGX slightly over 629.23, target 655.52, Stop Loss @ 627.76 Details
If 629.23 begins to break higher, the technical summary data tells us to buy ARGX just slightly over 629.23, with an upside target of 655.52. The data also tells us to set a stop loss @ 627.76 in case the stock turns against the trade. 629.23 is the first level of resistance above 620.16, and by rule, any break above resistance is a buy signal. In this case, 629.23, 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 ARGX slightly near 629.23, target 620.12, Stop Loss @ 630.7. Details
The technical summary data is suggesting a short of ARGX if it tests 629.23 with a downside target of 620.12. We should have a stop loss in place at 630.7 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, 629.23, 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 Argenx Se (ARGX) available here: ARGX.
ARGX Ratings for January 02:
| Term → | Near |
Mid |
Long |
|---|
| Rating |
Weak |
Neutral |
Strong |
| P1 |
0 |
0 |
559.85 |
| P2 |
611.58 |
612.43 |
607.13 |
| P3 |
620.12 |
629.23 |
655.52 |
AI Generated Signals for ARGX
Blue = Current Price
Red= Resistance
Green = Support
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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 Argenx Se (NASDAQ: ARGX) data table below can help you with price action, and we have more details too. Trading plans for ARGX 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.
Fundamental Charts for ARGX:
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