When the Price of (CSTM) Talks, People Listen

January 07, 2024, 04:44 am ET, BY Allen K.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for CSTM

• Buy CSTM slightly over 17.07 target 18.6 stop loss @ 17.02 Details

The technical summary data tells us to buy CSTM near 17.07 with an upside target of 18.6. This data also tells us to set a stop loss @ 17.02 to protect against excessive loss in case the stock begins to move against the trade. 17.07 is the first level of support below 18.56 , and by rule, any test of support is a buy signal. In this case, support 17.07 would be being tested, so a buy signal would exist.

• Short CSTM slightly under 18.6, target 17.07, stop loss @ 18.65 Details

The technical summary data is suggesting a short of CSTM as it gets near 18.6 with a downside target of 17.07. We should have a stop loss in place at 18.65though. 18.6 is the first level of resistance above 18.56, and by rule, any test of resistance is a short signal. In this case, if resistance 18.6 is being tested, so a short signal would exist.

Swing Trading Plans for CSTM

• Buy CSTM slightly over 18.66, target 19.74, Stop Loss @ 18.61 Details

If 18.66 begins to break higher, the technical summary data tells us to buy CSTM just slightly over 18.66, with an upside target of 19.74. The data also tells us to set a stop loss @ 18.61 in case the stock turns against the trade. 18.66 is the first level of resistance above 18.56, and by rule, any break above resistance is a buy signal. In this case, 18.66, 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 CSTM slightly near 18.66, target 17.07, Stop Loss @ 18.71. Details

The technical summary data is suggesting a short of CSTM if it tests 18.66 with a downside target of 17.07. We should have a stop loss in place at 18.71 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, 18.66, 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 CSTM

• Buy CSTM slightly over 18.66, target 19.74, Stop Loss @ 18.62 Details

If 18.66 begins to break higher, the technical summary data tells us to buy CSTM just slightly over 18.66, with an upside target of 19.74. The data also tells us to set a stop loss @ 18.62 in case the stock turns against the trade. 18.66 is the first level of resistance above 18.56, and by rule, any break above resistance is a buy signal. In this case, 18.66, 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 CSTM slightly near 18.66, target 18.19, Stop Loss @ 18.7. Details

The technical summary data is suggesting a short of CSTM if it tests 18.66 with a downside target of 18.19. We should have a stop loss in place at 18.7 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, 18.66, 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 Constellium Se (france) (CSTM) available here: CSTM.

CSTM Ratings for January 07:

Term →	Near	Mid	Long
Rating	Weak	Strong	Strong
P1	0	0	17.07
P2	18.19	18.66	18.6
P3	18.64	19.74	20.07

AI Generated Signals for CSTM

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This is not EF Hutton, but it could be more #powerful.  A picture speaks a thousand words, they say, and the #priceaction of Constellium Se (france) (NASDAQ: CSTM) tells an important story.  The movement tells us where investors perceive value, or the lack of it, and if we pay attention we can capture opportunity.  The data below for CSTM can be used as an example, and demonstrate how to do this for other stocks too.  This data was current at the time of publication, but it is not updated in real time here. If you want real time updates, or data on a different stock, please get one here Unlimited Real Time Reports.