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When the Price of (LEU) Talks, People Listen

May 02, 2024, 15:38 pm ET, BY Christie- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for LEU

Buy LEU slightly over 41.32 target 50.78 stop loss @ 41.2 Details

The technical summary data tells us to buy LEU near 41.32 with an upside target of 50.78. This data also tells us to set a stop loss @ 41.2 to protect against excessive loss in case the stock begins to move against the trade. 41.32 is the first level of support below 44.87 , and by rule, any test of support is a buy signal. In this case, support 41.32 would be being tested, so a buy signal would exist.

Short LEU slightly under 50.78, target 41.32, stop loss @ 50.93 Details

The technical summary data is suggesting a short of LEU as it gets near 50.78 with a downside target of 41.32. We should have a stop loss in place at 50.93though. 50.78 is the first level of resistance above 44.87, and by rule, any test of resistance is a short signal. In this case, if resistance 50.78 is being tested, so a short signal would exist.

Swing Trading Plans for LEU

Buy LEU slightly over 50.78, target 61.04, Stop Loss @ 50.63 Details

If 50.78 begins to break higher, the technical summary data tells us to buy LEU just slightly over 50.78, with an upside target of 61.04. The data also tells us to set a stop loss @ 50.63 in case the stock turns against the trade. 50.78 is the first level of resistance above 44.87, and by rule, any break above resistance is a buy signal. In this case, 50.78, 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 LEU slightly near 50.78, target 43.5, Stop Loss @ 50.93. Details

The technical summary data is suggesting a short of LEU if it tests 50.78 with a downside target of 43.5. We should have a stop loss in place at 50.93 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, 50.78, 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 LEU

Buy LEU slightly over 50.78, target 61.04, Stop Loss @ 50.66 Details

If 50.78 begins to break higher, the technical summary data tells us to buy LEU just slightly over 50.78, with an upside target of 61.04. The data also tells us to set a stop loss @ 50.66 in case the stock turns against the trade. 50.78 is the first level of resistance above 44.87, and by rule, any break above resistance is a buy signal. In this case, 50.78, 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 LEU slightly near 50.78, target 44.28, Stop Loss @ 50.9. Details

The technical summary data is suggesting a short of LEU if it tests 50.78 with a downside target of 44.28. We should have a stop loss in place at 50.9 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, 50.78, 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 Centrus Energy Corp. Class A (LEU) available here: LEU.

LEU Ratings for May 02:

Term →	Near	Mid	Long
Rating	Strong	Neutral	Strong
P1	0	0	41.32
P2	43.04	41.58	50.78
P3	44.28	43.5	61.04

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AI Generated Signals for LEU

Blue = Current Price
Red= Resistance
Green = Support

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This is not EF Hutton, but it could be more #powerful. A picture speaks a thousand words, they say, and the #priceaction of Centrus Energy Corp. Class A (NYSE: LEU) tells an important story. The movement tells us where investors perceive value, or the lack of it, and if we pay attention we can capture opportunity. The data below for LEU can be used as an example, and demonstrate how to do this for other stocks too. This data was current at the time of publication, but it is not updated in real time here. If you want real time updates, or data on a different stock, please get one here Unlimited Real Time Reports.

Fundamental Charts for LEU: