Trading (ESCA) With Integrated Risk Controls
October 21, 2024, 10:40 am ET, BY Allen K.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for ESCA
- Buy ESCA near 12.07 target 14.3 stop loss @ 12.04 Details
The technical summary data tells us to buy ESCA near 12.07 with an upside target of 14.3. This data also tells us to set a stop loss @ 12.04 to protect against excessive loss in case the stock begins to move against the trade. 12.07 is the first level of support below 14.07 , and by rule, any test of support is a buy signal. In this case, support 12.07 is being tested, a buy signal would exist.
- Short ESCA slightly under 14.3, target 12.07, stop loss @ 14.34 Details
The technical summary data is suggesting a short of ESCA as it gets near 14.3 with a downside target of 12.07. We should have a stop loss in place at 14.34though. 14.3 is the first level of resistance above 14.07, and by rule, any test of resistance is a short signal. In this case, if resistance 14.3 is being tested, a short signal would exist.
Swing Trading Plans for ESCA
- Buy ESCA slightly over 14.3, target n/a, Stop Loss @ 14.26 Details
If 14.3 begins to break higher, the technical summary data tells us to buy ESCA just slightly over 14.3, with an upside target of n/a. The data also tells us to set a stop loss @ 14.26 in case the stock turns against the trade. 14.3 is the first level of resistance above 14.07, and by rule, any break above resistance is a buy signal. In this case, 14.3, 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 ESCA slightly near 14.3, target 13.58, Stop Loss @ 14.34. Details
The technical summary data is suggesting a short of ESCA if it tests 14.3 with a downside target of 13.58. We should have a stop loss in place at 14.34 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, 14.3, 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 ESCA
- Buy ESCA slightly over 14.37, target n/a, Stop Loss @ 14.34 Details
If 14.37 begins to break higher, the technical summary data tells us to buy ESCA just slightly over 14.37, with an upside target of n/a. The data also tells us to set a stop loss @ 14.34 in case the stock turns against the trade. 14.37 is the first level of resistance above 14.07, and by rule, any break above resistance is a buy signal. In this case, 14.37, 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 ESCA slightly near 14.37, target 13.58, Stop Loss @ 14.4. Details
The technical summary data is suggesting a short of ESCA if it tests 14.37 with a downside target of 13.58. We should have a stop loss in place at 14.4 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, 14.37, 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 Escalade Incorporated (ESCA) available here: ESCA.
ESCA Ratings for October 21:
Term → | Near |
Mid |
Long |
Rating |
Strong |
Neutral |
Weak |
P1 |
0 |
0 |
10.03 |
P2 |
14.06 |
13.58 |
12.07 |
P3 |
14.37 |
14.25 |
14.3 |
AI Generated Signals for ESCA
Blue = Current Price
Red= Resistance
Green = Support
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Fundamental Charts for ESCA: