(CP) Investment Analysis

December 02, 2024, 19:12 pm ET, BY Christie- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for CP

• Buy CP near 74.04 target 79.9 stop loss @ 73.83 Details

The technical summary data tells us to buy CP near 74.04 with an upside target of 79.9. This data also tells us to set a stop loss @ 73.83 to protect against excessive loss in case the stock begins to move against the trade. 74.04 is the first level of support below 76.31 , and by rule, any test of support is a buy signal. In this case, support 74.04 would be being tested, so a buy signal would exist.

• Short CP slightly under 79.9, target 74.04, stop loss @ 80.13 Details

The technical summary data is suggesting a short of CP as it gets near 79.9 with a downside target of 74.04. We should have a stop loss in place at 80.13though. 79.9 is the first level of resistance above 76.31, and by rule, any test of resistance is a short signal. In this case, if resistance 79.9 is being tested, so a short signal would exist.

Swing Trading Plans for CP

• Buy CP slightly over 77.48, target 79.9, Stop Loss @ 77.26 Details

If 77.48 begins to break higher, the technical summary data tells us to buy CP just slightly over 77.48, with an upside target of 79.9. The data also tells us to set a stop loss @ 77.26 in case the stock turns against the trade. 77.48 is the first level of resistance above 76.31, and by rule, any break above resistance is a buy signal. In this case, 77.48, 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 CP slightly near 77.48, target 74.57, Stop Loss @ 77.7. Details

The technical summary data is suggesting a short of CP if it tests 77.48 with a downside target of 74.57. We should have a stop loss in place at 77.7 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, 77.48, 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 CP

• Buy CP slightly over 77.07, target 77.48, Stop Loss @ 76.89 Details

If 77.07 begins to break higher, the technical summary data tells us to buy CP just slightly over 77.07, with an upside target of 77.48. The data also tells us to set a stop loss @ 76.89 in case the stock turns against the trade. 77.07 is the first level of resistance above 76.31, and by rule, any break above resistance is a buy signal. In this case, 77.07, 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 CP slightly near 77.07, target 74.57, Stop Loss @ 77.25. Details

The technical summary data is suggesting a short of CP if it tests 77.07 with a downside target of 74.57. We should have a stop loss in place at 77.25 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, 77.07, 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 Canadian Pacific Kansas City Limited (CP) available here: CP.

CP Ratings for December 02:

Term →	Near	Mid	Long
Rating	Neutral	Neutral	Neutral
P1	0	0	74.04
P2	74.54	74.57	79.9
P3	77.07	77.48	85.53

AI Generated Signals for CP

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Warning:

This is a static report, the data below was valid at the time of the publication, but support and resistance levels for CP change over time, so the report should be updated regularly.  Real Time updates are provided to subscribers.  Unlimited Real Time Reports.

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Instructions:

The rules that govern the data in this report are the rules of Technical Analysis.  For example, if CP is testing support buy signals surface, and resistance is the target.  Conversely, if resistance is being tested, that is a sign to control risk or short, and support would be the downside target accordingly.  In each case, the trigger point is designed to be both an ideal place to enter a position (avoid trading in the middle of a trading channel), and it acts as a level of risk control too.

Swing Trades, Day Trades, and Longer term Trading Plans:

This data is refined to differentiate trading plans for Day Trading, Swing Trading, and Long Term Investing plans for CP too.  All of these are offered below the Summary Table.