Learn to Evaluate (FCNCA) using the Charts

January 29, 2024, 15:16 pm ET, BY Allen K.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for FCNCA

• Buy FCNCA slightly over 1406.94 target 1585.8 stop loss @ 1402.88 Details

The technical summary data tells us to buy FCNCA near 1406.94 with an upside target of 1585.8. This data also tells us to set a stop loss @ 1402.88 to protect against excessive loss in case the stock begins to move against the trade. 1406.94 is the first level of support below 1498.89 , and by rule, any test of support is a buy signal. In this case, support 1406.94 would be being tested, so a buy signal would exist.

• Short FCNCA slightly under 1585.8, target 1406.94, stop loss @ 1590.38 Details

The technical summary data is suggesting a short of FCNCA as it gets near 1585.8 with a downside target of 1406.94. We should have a stop loss in place at 1590.38though. 1585.8 is the first level of resistance above 1498.89, and by rule, any test of resistance is a short signal. In this case, if resistance 1585.8 is being tested, so a short signal would exist.

Swing Trading Plans for FCNCA

• Buy FCNCA slightly over 1585.8, target 1766.45, Stop Loss @ 1581.22 Details

If 1585.8 begins to break higher, the technical summary data tells us to buy FCNCA just slightly over 1585.8, with an upside target of 1766.45. The data also tells us to set a stop loss @ 1581.22 in case the stock turns against the trade. 1585.8 is the first level of resistance above 1498.89, and by rule, any break above resistance is a buy signal. In this case, 1585.8, 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 FCNCA slightly near 1585.8, target 1481.65, Stop Loss @ 1590.38. Details

The technical summary data is suggesting a short of FCNCA if it tests 1585.8 with a downside target of 1481.65. We should have a stop loss in place at 1590.38 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, 1585.8, 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 FCNCA

• Buy FCNCA slightly over 1585.8, target 1766.45, Stop Loss @ 1582.1 Details

If 1585.8 begins to break higher, the technical summary data tells us to buy FCNCA just slightly over 1585.8, with an upside target of 1766.45. The data also tells us to set a stop loss @ 1582.1 in case the stock turns against the trade. 1585.8 is the first level of resistance above 1498.89, and by rule, any break above resistance is a buy signal. In this case, 1585.8, 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 FCNCA slightly near 1585.8, target 1489.55, Stop Loss @ 1589.5. Details

The technical summary data is suggesting a short of FCNCA if it tests 1585.8 with a downside target of 1489.55. We should have a stop loss in place at 1589.5 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, 1585.8, 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 Citizens Bancshares Inc. Class A Common Stock (FCNCA) available here: FCNCA.

FCNCA Ratings for January 29:

Term →	Near	Mid	Long
Rating	Strong	Neutral	Strong
P1	0	0	1406.94
P2	1430.63	1421.24	1585.8
P3	1489.55	1481.65	1766.45

AI Generated Signals for FCNCA

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

Market Crash Leading Indicator

Our Market Crash Leading Indicator isEvitar Corte.

• Evitar Corte warned of market crash risk four times since 2000.

• It identified the Internet Debacle before it happened.

• It identified the Credit Crisis before it happened.

• It identified the Corona Crash too.

• See what Evitar Corte is Saying Now.

Get Notified When our Ratings Change:Take a Trial

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 Citizens Bancshares Inc. Class A Common Stock (NASDAQ: FCNCA) report below can help you understand how to do this. The trading plans for FCNCA, 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.