Trading (ALL) With Integrated Risk Controls

October 29, 2024, 11:34 am ET, BY Christie- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for ALL

• Buy ALL near 179.02 target 189.95 stop loss @ 178.5 Details

The technical summary data tells us to buy ALL near 179.02 with an upside target of 189.95. This data also tells us to set a stop loss @ 178.5 to protect against excessive loss in case the stock begins to move against the trade. 179.02 is the first level of support below 187.45 , and by rule, any test of support is a buy signal. In this case, support 179.02 would be being tested, so a buy signal would exist.

• Short ALL slightly under 189.95, target 179.02, stop loss @ 190.5 Details

The technical summary data is suggesting a short of ALL as it gets near 189.95 with a downside target of 179.02. We should have a stop loss in place at 190.5though. 189.95 is the first level of resistance above 187.45, and by rule, any test of resistance is a short signal. In this case, if resistance 189.95 is being tested, so a short signal would exist.

Swing Trading Plans for ALL

• Buy ALL slightly over 188.82, target 189.95, Stop Loss @ 188.27 Details

If 188.82 begins to break higher, the technical summary data tells us to buy ALL just slightly over 188.82, with an upside target of 189.95. The data also tells us to set a stop loss @ 188.27 in case the stock turns against the trade. 188.82 is the first level of resistance above 187.45, and by rule, any break above resistance is a buy signal. In this case, 188.82, 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 ALL slightly near 188.82, target 179.02, Stop Loss @ 189.37. Details

The technical summary data is suggesting a short of ALL if it tests 188.82 with a downside target of 179.02. We should have a stop loss in place at 189.37 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, 188.82, 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 ALL

• Buy ALL slightly over 187.76, target 188.82, Stop Loss @ 187.32 Details

If 187.76 begins to break higher, the technical summary data tells us to buy ALL just slightly over 187.76, with an upside target of 188.82. The data also tells us to set a stop loss @ 187.32 in case the stock turns against the trade. 187.76 is the first level of resistance above 187.45, and by rule, any break above resistance is a buy signal. In this case, 187.76, 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 ALL slightly near 187.76, target 179.02, Stop Loss @ 188.2. Details

The technical summary data is suggesting a short of ALL if it tests 187.76 with a downside target of 179.02. We should have a stop loss in place at 188.2 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, 187.76, 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 Allstate Corporation (the) (ALL) available here: ALL.

ALL Ratings for October 29:

Term →	Near	Mid	Long
Rating	Weak	Strong	Strong
P1	0	0	179.02
P2	187.76	188.82	189.95
P3	190.12	194.64	201.02

AI Generated Signals for ALL

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Price matters most to #makingmoney in the #stockmarket. Celebrating 20 years, Stock Traders Daily provides the tools that help you develop investment strategies, and this is a good example. When we couple this with our market based analysis, the probabilities of going with the flow increases, and that is material over time. The Allstate Corporation (the) (NYSE: ALL) report below can help you, but we have more details too. The trading plans for ALL, and the other 1000+ stocks we follow, are updated in real time for subscribers, but this report is static. If you want an update, or a different report, please get one here Unlimited Real Time Reports.