Learn to Evaluate (FAD) using the Charts

December 03, 2024, 12:16 pm ET, BY Allen K.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for FAD

• Buy FAD near 144.91 target n/a stop loss @ 144.49. Details

The technical summary data tells us to buy FAD near 144.91, but there is no current upside target from the summary table. In this case we should wait until either an update to the summary table has been made (which usually happens at the beginning of every trading day), or until the position has been stopped. The data does tell us to set a stop loss 144.49 to protect against excessive loss in case the stock begins to move against the trade. 144.91 is the first level of support below 149.366, and by rule, any test of support is a buy signal. In this case, if support 144.91 is being tested, a buy signal would exist.

• NONE . Details

NONE .
There are no current resistance levels from the summary table, and therefore there are no Short resistance Plans which tell us to short upon tests of resistance. Resistance levels have broken higher and unless the stock reverses lower and below support levels again short positions look risky.

Swing Trading Plans for FAD

• Buy FAD slightly over 152.23, target n/a, Stop Loss @ 151.79 Details

If 152.23 begins to break higher, the technical summary data tells us to buy FAD just slightly over 152.23, with an upside target of n/a. The data also tells us to set a stop loss @ 151.79 in case the stock turns against the trade. 152.23 is the first level of resistance above 149.366, and by rule, any break above resistance is a buy signal. In this case, 152.23, 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 FAD slightly near 152.23, target 148.86, Stop Loss @ 152.67. Details

The technical summary data is suggesting a short of FAD if it tests 152.23 with a downside target of 148.86. We should have a stop loss in place at 152.67 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, 152.23, 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 FAD

• Buy FAD slightly over 149.96, target 152.23, Stop Loss @ 149.61 Details

If 149.96 begins to break higher, the technical summary data tells us to buy FAD just slightly over 149.96, with an upside target of 152.23. The data also tells us to set a stop loss @ 149.61 in case the stock turns against the trade. 149.96 is the first level of resistance above 149.366, and by rule, any break above resistance is a buy signal. In this case, 149.96, 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 FAD slightly near 149.96, target 148.86, Stop Loss @ 150.31. Details

The technical summary data is suggesting a short of FAD if it tests 149.96 with a downside target of 148.86. We should have a stop loss in place at 150.31 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, 149.96, 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 Multi C.g (FAD) available here: FAD.

FAD Ratings for December 03:

Term →	Near	Mid	Long
Rating	Neutral	Strong	Strong
P1	0	0	132.53
P2	148.86	148.86	138.86
P3	149.96	152.23	144.91

AI Generated Signals for FAD

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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  First Tr Multi C.g (NYSE: FAD) report below can help you understand how to do this. The trading plans for FAD, 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.