When the Price of Southwest Gas Holdings Inc $SWX Talks, People Listen

September 21, 2023, 21:15 pm ET, BY Rolland S.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for SWX

• Buy SWX slightly over 59.80 target 64.94 stop loss @ 59.63 Details

The technical summary data tells us to buy SWX near 59.80 with an upside target of 64.94. This data also tells us to set a stop loss @ 59.63 to protect against excessive loss in case the stock begins to move against the trade. 59.80 is the first level of support below 62 , and by rule, any test of support is a buy signal. In this case, support 59.80 is being tested, a buy signal would exist.

• Short SWX slightly under 64.94, target 59.80, stop loss @ 65.13 Details

The technical summary data is suggesting a short of SWX as it gets near 64.94 with a downside target of 59.80. We should have a stop loss in place at 65.13though. 64.94 is the first level of resistance above 62, and by rule, any test of resistance is a short signal. In this case, if resistance 64.94 is being tested, a short signal would exist.

Swing Trading Plans for SWX

• Buy SWX slightly over 62.82, target 64.94, Stop Loss @ 62.64 Details

If 62.82 begins to break higher, the technical summary data tells us to buy SWX just slightly over 62.82, with an upside target of 64.94. The data also tells us to set a stop loss @ 62.64 in case the stock turns against the trade. 62.82 is the first level of resistance above 62, and by rule, any break above resistance is a buy signal. In this case, 62.82, 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 SWX slightly near 62.82, target 59.80, Stop Loss @ 63. Details

The technical summary data is suggesting a short of SWX if it tests 62.82 with a downside target of 59.80. We should have a stop loss in place at 63 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, 62.82, 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 SWX

• Buy SWX slightly over 62.16, target 62.82, Stop Loss @ 62.01 Details

If 62.16 begins to break higher, the technical summary data tells us to buy SWX just slightly over 62.16, with an upside target of 62.82. The data also tells us to set a stop loss @ 62.01 in case the stock turns against the trade. 62.16 is the first level of resistance above 62, and by rule, any break above resistance is a buy signal. In this case, 62.16, 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 SWX slightly near 62.16, target 59.80, Stop Loss @ 62.31. Details

The technical summary data is suggesting a short of SWX if it tests 62.16 with a downside target of 59.80. We should have a stop loss in place at 62.31 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, 62.16, 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 Southwest Gas Holdings Inc (SWX) available here: SWX.

SWX Ratings for September 21:

Term →	Near	Mid	Long
Rating	Strong	Neutral	Weak
P1	0	0	54.92
P2	62.16	62.82	59.80
P3	62.82	64.79	64.94

AI Generated Signals for SWX

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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 Southwest Gas Holdings Inc (NYSE: SWX) 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 SWX 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.