(ELV) Pivots Trading Plans and Risk Controls

Longer Term Trading Plans for ELV

• Buy ELV near 341.89 target 391.33 stop loss @ 340.9 Details

The technical summary data tells us to buy ELV near 341.89 with an upside target of 391.33. This data also tells us to set a stop loss @ 340.9 to protect against excessive loss in case the stock begins to move against the trade. 341.89 is the first level of support below 386.13 , and by rule, any test of support is a buy signal. In this case, support 341.89 would be being tested, so a buy signal would exist.

• Short ELV slightly under 391.33, target 341.89, stop loss @ 392.46 Details

The technical summary data is suggesting a short of ELV as it gets near 391.33 with a downside target of 341.89. We should have a stop loss in place at 392.46though. 391.33 is the first level of resistance above 386.13, and by rule, any test of resistance is a short signal. In this case, if resistance 391.33 is being tested, so a short signal would exist.

Swing Trading Plans for ELV

• Buy ELV slightly over 391.33, target 395.12, Stop Loss @ 390.2 Details

If 391.33 begins to break higher, the technical summary data tells us to buy ELV just slightly over 391.33, with an upside target of 395.12. The data also tells us to set a stop loss @ 390.2 in case the stock turns against the trade. 391.33 is the first level of resistance above 386.13, and by rule, any break above resistance is a buy signal. In this case, 391.33, 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 ELV slightly near 391.33, target 382.72, Stop Loss @ 392.46. Details

The technical summary data is suggesting a short of ELV if it tests 391.33 with a downside target of 382.72. We should have a stop loss in place at 392.46 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, 391.33, 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 ELV

• Buy ELV slightly over 391.33, target 395.12, Stop Loss @ 390.42 Details

If 391.33 begins to break higher, the technical summary data tells us to buy ELV just slightly over 391.33, with an upside target of 395.12. The data also tells us to set a stop loss @ 390.42 in case the stock turns against the trade. 391.33 is the first level of resistance above 386.13, and by rule, any break above resistance is a buy signal. In this case, 391.33, 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 ELV slightly near 391.33, target 385.3, Stop Loss @ 392.24. Details

The technical summary data is suggesting a short of ELV if it tests 391.33 with a downside target of 385.3. We should have a stop loss in place at 392.24 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, 391.33, 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 Elevance Health Inc. (ELV) available here: ELV.

ELV Ratings for February 27:

Term →	Near	Mid	Long
Rating	Neutral	Neutral	Weak
P1	0	0	341.89
P2	385.3	382.72	391.33
P3	397.14	395.12	442.34

AI Generated Signals for ELV

Real Time Updates for Repeat Institutional Readers:

• Factset: Request User/Pass
• Bloomberg, Reuters, Refinitiv, Zacks, or IB users: Access Here.

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