When Anthem Inc (ANTM) Moves Investors should Listen

February 15, 2022, 19:45 pm ET, BY Tom S.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

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

Longer Term Trading Plans for ANTM

• Buy ANTM slightly over 444.30 target 475.57 stop loss @ 443.02 Details

The technical summary data tells us to buy ANTM near 444.30 with an upside target of 475.57. This data also tells us to set a stop loss @ 443.02 to protect against excessive loss in case the stock begins to move against the trade. 444.30 is the first level of support below 450 , and by rule, any test of support is a buy signal. In this case, support 444.30 is being tested, a buy signal would exist.

• Short ANTM under 475.57, target 444.30, stop loss @ 476.94 Details

The technical summary data is suggesting a short of ANTM as it gets near 475.57 with a downside target of 444.30. We should have a stop loss in place at 476.94though. 475.57 is the first level of resistance above 450, and by rule, any test of resistance is a short signal. In this case, if resistance 475.57 is being tested, a short signal would exist.

Swing Trading Plans for ANTM

• Buy ANTM slightly over 450.20, target 467.42, Stop Loss @ 448.9 Details

If 450.20 begins to break higher, the technical summary data tells us to buy ANTM just slightly over 450.20, with an upside target of 467.42. The data also tells us to set a stop loss @ 448.9 in case the stock turns against the trade. 450.20 is the first level of resistance above 450, and by rule, any break above resistance is a buy signal. In this case, 450.20, 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 ANTM near 450.20, target 444.30, Stop Loss @ 451.5. Details

The technical summary data is suggesting a short of ANTM if it tests 450.20 with a downside target of 444.30. We should have a stop loss in place at 451.5 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, 450.20, 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 ANTM

• Buy ANTM slightly over 450.20, target 456.84, Stop Loss @ 449.15 Details

If 450.20 begins to break higher, the technical summary data tells us to buy ANTM just slightly over 450.20, with an upside target of 456.84. The data also tells us to set a stop loss @ 449.15 in case the stock turns against the trade. 450.20 is the first level of resistance above 450, and by rule, any break above resistance is a buy signal. In this case, 450.20, 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 ANTM near 450.20, target 444.30, Stop Loss @ 451.25. Details

The technical summary data is suggesting a short of ANTM if it tests 450.20 with a downside target of 444.30. We should have a stop loss in place at 451.25 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, 450.20, 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.

ANTM Ratings for February 15:

Term →	Near	Mid	Long
Rating	Neutral	Strong	Strong
P1	0	0	411.73
P2	439.15	450.20	444.30
P3	456.84	467.42	475.57

Support and Resistance Plot Chart for ANTM

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