Learn to Evaluate (CASY) using the Charts
April 18, 2024, 12:38 pm ET, BY Christie- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for CASY
- Buy CASY slightly over 308.05 target 323.22 stop loss @ 307.16 Details
The technical summary data tells us to buy CASY near 308.05 with an upside target of 323.22. This data also tells us to set a stop loss @ 307.16 to protect against excessive loss in case the stock begins to move against the trade. 308.05 is the first level of support below 312.005 , and by rule, any test of support is a buy signal. In this case, support 308.05 is being tested, a buy signal would exist.
- Short CASY slightly under 323.22, target 308.05, stop loss @ 324.15 Details
The technical summary data is suggesting a short of CASY as it gets near 323.22 with a downside target of 308.05. We should have a stop loss in place at 324.15though. 323.22 is the first level of resistance above 312.005, and by rule, any test of resistance is a short signal. In this case, if resistance 323.22 is being tested, a short signal would exist.
Swing Trading Plans for CASY
- Buy CASY slightly over 314.08, target 323.22, Stop Loss @ 313.17 Details
If 314.08 begins to break higher, the technical summary data tells us to buy CASY just slightly over 314.08, with an upside target of 323.22. The data also tells us to set a stop loss @ 313.17 in case the stock turns against the trade. 314.08 is the first level of resistance above 312.005, and by rule, any break above resistance is a buy signal. In this case, 314.08, 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 CASY slightly near 314.08, target 308.05, Stop Loss @ 314.99. Details
The technical summary data is suggesting a short of CASY if it tests 314.08 with a downside target of 308.05. We should have a stop loss in place at 314.99 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, 314.08, 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 CASY
- Buy CASY slightly over 314.08, target 315.01, Stop Loss @ 313.35 Details
If 314.08 begins to break higher, the technical summary data tells us to buy CASY just slightly over 314.08, with an upside target of 315.01. The data also tells us to set a stop loss @ 313.35 in case the stock turns against the trade. 314.08 is the first level of resistance above 312.005, and by rule, any break above resistance is a buy signal. In this case, 314.08, 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 CASY slightly near 314.08, target 309.54, Stop Loss @ 314.81. Details
The technical summary data is suggesting a short of CASY if it tests 314.08 with a downside target of 309.54. We should have a stop loss in place at 314.81 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, 314.08, 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 Caseys General Stores Inc. (CASY) available here: CASY.
CASY Ratings for April 18:
| Term → | Near |
Mid |
Long |
|---|
| Rating |
Neutral |
Neutral |
Strong |
| P1 |
0 |
0 |
293.14 |
| P2 |
309.54 |
307.1 |
308.05 |
| P3 |
315.01 |
314.08 |
323.22 |
AI Generated Signals for CASY
Blue = Current Price
Red= Resistance
Green = Support
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When #institutionalinvestors make decisions to buy and sell #stocks they normally want to keep it quiet. However, if we pay close attention we can see what is going on, and make good decisions.. The Caseys General Stores Inc. (NASDAQ: CASY) report below can help you understand how to do this. The trading plans for CASY, are updated in real time for subscribers, but this report is static. If you want an update, or a different report on a different stock, please get one here Unlimited Real Time Reports.
Fundamental Charts for CASY:
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