(FKU) Pivots Trading Plans and Risk Controls

December 03, 2024, 15:40 pm ET, BY Allen K.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for FKU

• Buy FKU near 39.46 target 41.05 stop loss @ 39.35 Details

The technical summary data tells us to buy FKU near 39.46 with an upside target of 41.05. This data also tells us to set a stop loss @ 39.35 to protect against excessive loss in case the stock begins to move against the trade. 39.46 is the first level of support below 40.1 , and by rule, any test of support is a buy signal. In this case, support 39.46 would be being tested, so a buy signal would exist.

• Short FKU slightly under 41.05, target 39.46, stop loss @ 41.17 Details

The technical summary data is suggesting a short of FKU as it gets near 41.05 with a downside target of 39.46. We should have a stop loss in place at 41.17though. 41.05 is the first level of resistance above 40.1, and by rule, any test of resistance is a short signal. In this case, if resistance 41.05 is being tested, so a short signal would exist.

Swing Trading Plans for FKU

• Buy FKU slightly over 41.05, target 42.65, Stop Loss @ 40.93 Details

If 41.05 begins to break higher, the technical summary data tells us to buy FKU just slightly over 41.05, with an upside target of 42.65. The data also tells us to set a stop loss @ 40.93 in case the stock turns against the trade. 41.05 is the first level of resistance above 40.1, and by rule, any break above resistance is a buy signal. In this case, 41.05, 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 FKU slightly near 41.05, target 39.81, Stop Loss @ 41.17. Details

The technical summary data is suggesting a short of FKU if it tests 41.05 with a downside target of 39.81. We should have a stop loss in place at 41.17 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, 41.05, 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 FKU

• Buy FKU slightly over 41.05, target 42.65, Stop Loss @ 40.95 Details

If 41.05 begins to break higher, the technical summary data tells us to buy FKU just slightly over 41.05, with an upside target of 42.65. The data also tells us to set a stop loss @ 40.95 in case the stock turns against the trade. 41.05 is the first level of resistance above 40.1, and by rule, any break above resistance is a buy signal. In this case, 41.05, 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 FKU slightly near 41.05, target 40.02, Stop Loss @ 41.15. Details

The technical summary data is suggesting a short of FKU if it tests 41.05 with a downside target of 40.02. We should have a stop loss in place at 41.15 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, 41.05, 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 First Tr Exch Alph (FKU) available here: FKU.

FKU Ratings for December 03:

Term →	Near	Mid	Long
Rating	Strong	Neutral	Strong
P1	0	0	39.46
P2	39.55	39.35	41.05
P3	40.02	39.81	42.65

AI Generated Signals for FKU

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This First Tr Exch Alph (NYSE: FKU) report was produced by Stock Traders Daily.  Over the past 20 years our metholdology has been refined to help identify strategies for both individual stocks and the stock markets, with prudent risk controls.

Warning:

This is a static report, the data below was valid at the time of the publication, but support and resistance levels for FKU change over time, so the report should be updated regularly.  Real Time updates are provided to subscribers.  Unlimited Real Time Reports.

Subscribers also receive market analysis, stock correlation tools, macroeconomic observations, timing tools, and protection from market crashes using Evitar Corte.  

Instructions:

The rules that govern the data in this report are the rules of Technical Analysis.  For example, if FKU is testing support buy signals surface, and resistance is the target.  Conversely, if resistance is being tested, that is a sign to control risk or short, and support would be the downside target accordingly.  In each case, the trigger point is designed to be both an ideal place to enter a position (avoid trading in the middle of a trading channel), and it acts as a level of risk control too.

Swing Trades, Day Trades, and Longer term Trading Plans:

This data is refined to differentiate trading plans for Day Trading, Swing Trading, and Long Term Investing plans for FKU too.  All of these are offered below the Summary Table.