When the Price of Kansas City Southern KSU Talks, People Listen

November 10, 2021, 11:30 am ET, BY Chris- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

This is not EF Hutton, but it could be more #powerful.  A picture speaks a thousand words, they say, and the #priceaction of Kansas City Southern (NYSE: KSU) 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 KSU 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. 

Longer Term Trading Plans for KSU

• Buy KSU slightly over 288.58 target 313.01 stop loss @ 287.75 Details

The technical summary data tells us to buy KSU near 288.58 with an upside target of 313.01. This data also tells us to set a stop loss @ 287.75 to protect against excessive loss in case the stock begins to move against the trade. 288.58 is the first level of support below 311.45 , and by rule, any test of support is a buy signal. In this case, support 288.58 would be being tested, so a buy signal would exist.

• Short KSU under 313.01, target 288.58, stop loss @ 313.91 Details

The technical summary data is suggesting a short of KSU as it gets near 313.01 with a downside target of 288.58. We should have a stop loss in place at 313.91though. 313.01 is the first level of resistance above 311.45, and by rule, any test of resistance is a short signal. In this case, if resistance 313.01 is being tested, so a short signal would exist.

Swing Trading Plans for KSU

• Buy KSU slightly over 313.11, target 338.36, Stop Loss @ 312.21 Details

If 313.11 begins to break higher, the technical summary data tells us to buy KSU just slightly over 313.11, with an upside target of 338.36. The data also tells us to set a stop loss @ 312.21 in case the stock turns against the trade. 313.11 is the first level of resistance above 311.45, and by rule, any break above resistance is a buy signal. In this case, 313.11, 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 KSU near 313.11, target 308.97, Stop Loss @ 314.01. Details

The technical summary data is suggesting a short of KSU if it tests 313.11 with a downside target of 308.97. We should have a stop loss in place at 314.01 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, 313.11, 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 KSU

• Buy KSU slightly over 313.11, target 338.36, Stop Loss @ 312.38 Details

If 313.11 begins to break higher, the technical summary data tells us to buy KSU just slightly over 313.11, with an upside target of 338.36. The data also tells us to set a stop loss @ 312.38 in case the stock turns against the trade. 313.11 is the first level of resistance above 311.45, and by rule, any break above resistance is a buy signal. In this case, 313.11, 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 KSU near 313.11, target 310.03, Stop Loss @ 313.84. Details

The technical summary data is suggesting a short of KSU if it tests 313.11 with a downside target of 310.03. We should have a stop loss in place at 313.84 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, 313.11, 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.

KSU Ratings for November 10:

Term →	Near	Mid	Long
Rating	Neutral	Strong	Strong
P1	0	0	288.58
P2	307.58	308.97	313.01
P3	310.03	313.11	338.36

Support and Resistance Plot Chart for KSU

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