Learn to Evaluate (DKS) using the Charts
July 31, 2024, 00:38 am ET, BY Rolland S.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for DKS
- Buy DKS slightly over 201.92 target 226.14 stop loss @ 201.34 Details
The technical summary data tells us to buy DKS near 201.92 with an upside target of 226.14. This data also tells us to set a stop loss @ 201.34 to protect against excessive loss in case the stock begins to move against the trade. 201.92 is the first level of support below 209.77 , and by rule, any test of support is a buy signal. In this case, support 201.92 would be being tested, so a buy signal would exist.
- Short DKS slightly under 226.14, target 201.92, stop loss @ 226.79 Details
The technical summary data is suggesting a short of DKS as it gets near 226.14 with a downside target of 201.92. We should have a stop loss in place at 226.79though. 226.14 is the first level of resistance above 209.77, and by rule, any test of resistance is a short signal. In this case, if resistance 226.14 is being tested, so a short signal would exist.
Swing Trading Plans for DKS
- Buy DKS slightly over 226.14, target 252.65, Stop Loss @ 225.49 Details
If 226.14 begins to break higher, the technical summary data tells us to buy DKS just slightly over 226.14, with an upside target of 252.65. The data also tells us to set a stop loss @ 225.49 in case the stock turns against the trade. 226.14 is the first level of resistance above 209.77, and by rule, any break above resistance is a buy signal. In this case, 226.14, 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 DKS slightly near 226.14, target 208.32, Stop Loss @ 226.79. Details
The technical summary data is suggesting a short of DKS if it tests 226.14 with a downside target of 208.32. We should have a stop loss in place at 226.79 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, 226.14, 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 DKS
- Buy DKS slightly over 213.62, target 226.14, Stop Loss @ 213.12 Details
If 213.62 begins to break higher, the technical summary data tells us to buy DKS just slightly over 213.62, with an upside target of 226.14. The data also tells us to set a stop loss @ 213.12 in case the stock turns against the trade. 213.62 is the first level of resistance above 209.77, and by rule, any break above resistance is a buy signal. In this case, 213.62, 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 DKS slightly near 213.62, target 209.55, Stop Loss @ 214.12. Details
The technical summary data is suggesting a short of DKS if it tests 213.62 with a downside target of 209.55. We should have a stop loss in place at 214.12 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, 213.62, 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 Dick's Sporting Goods Inc (DKS) available here: DKS.
DKS Ratings for July 31:
| Term → | Near |
Mid |
Long |
|---|
| Rating |
Strong |
Neutral |
Strong |
| P1 |
0 |
0 |
201.92 |
| P2 |
209.55 |
197.47 |
226.14 |
| P3 |
213.62 |
208.32 |
252.65 |
AI Generated Signals for DKS
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 Dick's Sporting Goods Inc (NYSE: DKS) report below can help you understand how to do this. The trading plans for DKS, 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 DKS:
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