When (DFS) Moves Investors should Listen
February 14, 2024, 04:56 am ET, BY Chris- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for DFS
- Buy DFS slightly over 98.59 target 111 stop loss @ 98.31 Details
The technical summary data tells us to buy DFS near 98.59 with an upside target of 111. This data also tells us to set a stop loss @ 98.31 to protect against excessive loss in case the stock begins to move against the trade. 98.59 is the first level of support below 108.39 , and by rule, any test of support is a buy signal. In this case, support 98.59 is being tested, a buy signal would exist.
- Short DFS slightly under 111, target 98.59, stop loss @ 111.32 Details
The technical summary data is suggesting a short of DFS as it gets near 111 with a downside target of 98.59. We should have a stop loss in place at 111.32though. 111 is the first level of resistance above 108.39, and by rule, any test of resistance is a short signal. In this case, if resistance 111 is being tested, a short signal would exist.
Swing Trading Plans for DFS
- Buy DFS slightly over 110.19, target 111, Stop Loss @ 109.87 Details
If 110.19 begins to break higher, the technical summary data tells us to buy DFS just slightly over 110.19, with an upside target of 111. The data also tells us to set a stop loss @ 109.87 in case the stock turns against the trade. 110.19 is the first level of resistance above 108.39, and by rule, any break above resistance is a buy signal. In this case, 110.19, 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 DFS slightly near 110.19, target 106.95, Stop Loss @ 110.51. Details
The technical summary data is suggesting a short of DFS if it tests 110.19 with a downside target of 106.95. We should have a stop loss in place at 110.51 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, 110.19, 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 DFS
- Buy DFS slightly over 108.61, target 110.19, Stop Loss @ 108.36 Details
If 108.61 begins to break higher, the technical summary data tells us to buy DFS just slightly over 108.61, with an upside target of 110.19. The data also tells us to set a stop loss @ 108.36 in case the stock turns against the trade. 108.61 is the first level of resistance above 108.39, and by rule, any break above resistance is a buy signal. In this case, 108.61, 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 DFS slightly near 108.61, target 106.95, Stop Loss @ 108.86. Details
The technical summary data is suggesting a short of DFS if it tests 108.61 with a downside target of 106.95. We should have a stop loss in place at 108.86 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, 108.61, 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 Discslightly over Financial Services (DFS) available here: DFS.
DFS Ratings for February 14:
| Term → | Near |
Mid |
Long |
|---|
| Rating |
Strong |
Strong |
Neutral |
| P1 |
0 |
0 |
86.01 |
| P2 |
108.61 |
106.95 |
98.59 |
| P3 |
111.54 |
110.19 |
111 |
AI Generated Signals for DFS
Blue = Current Price
Red= Resistance
Green = Support
Real Time Updates for Repeat Institutional Readers:
Instructions:Click the Get Real Time Updates button below.
In the login prompt, select forgot username
Type the email you use for Factset
Use the user/pass you receive to login
You will have 24/7 access to real time updates.
From then on you can just click to get the real time update whenever you want.
GET REAL TIME UPDATES
Our Market Crash Leading Indicator isEvitar Corte.
Evitar Corte warned of market crash risk four times since 2000.
It identified the Internet Debacle before it happened.
It identified the Credit Crisis before it happened.
It identified the Corona Crash too.
See what Evitar Corte is Saying Now.
Get Notified When our Ratings Change:Take a Trial
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 Discover Financial Services (NYSE: DFS) report below is a real world example. Included are trading plans for DFS, but this report is static. If you want an update, or a different stock, please get one here Unlimited Real Time Reports.
Fundamental Charts for DFS:
pool ads
