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Trading Cabot Oil & Gas COG With Integrated Risk Controls

Price matters most to #makingmoney in the #stockmarket. Celebrating 20 years, Stock Traders Daily provides the tools that help you develop investment strategies, and this is a good example. When we couple this with our market based analysis, the probabilities of going with the flow increases, and that is material over time. The Cabot Oil & Gas (NYSE: COG) report below can help you, but we have more details too. The trading plans for COG, and the other 1000+ stocks we follow, are updated in real time for subscribers, but this report is static. If you want an update, or a different report, please get one here Unlimited Real Time Reports.

COG Ratings for June 21: Below:

Term →Near Mid Long
Rating Weak Neutral Neutral
P1 0 0 16.03
P2 15.11 15.44 17.30
P3 15.59 16.42 18.62
Triggers may have already come
Support and Resistance Plot Chart for COG

Longer Term Trading Plans for COG

Our Longer Term Plans for COG help you determine where to buy, sell, short, and set risk controls. Use this in conjunction with our Longer Term Market Analysis to go with the flow of the market as well. Going with the flow is extremely important, so review our Market Analysis and see how it helps you work with this COG Report.

Long Support Plan (Long Term Trading)

NONE.

There is no current Support Plan to trigger a buy of this stock at this time. This usually means that there are no clear support levels at this time, so buying the stock as it falls could be considered catching a falling knife. Buy signals only exist if resistance breaks higher.
This often is a signal that the stock you are watching is weak. Waiting for a turn higher may be more intelligent than trying to catch a falling knife. In any case, new support levels are usually revised to the database at the beginning of the next trading session.

Short Resistance Plan (Long Term Trading)

Short COG under 16.03, target n/a, stop loss @ 16.08

The technical summary data is suggesting a short of COG as it gets near 16.03, but the downside target is not available from the current data. This tells us to hold that position if it is triggered until a new downside target has been established (updates occur at the beginning of every trading session) or until the position has been stopped. The summary data tells us to have a stop loss in place at 16.08. 16.03 is the first level of resistance above 15.93, and by rule, any test of resistance is a short signal. In this case, if resistance 16.03 is being tested, so a short signal would exist.


COG Long Term Analysis for June 21 2021

Blue = Current Price
Red= Resistance
Green = Support

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