(HUBS) Proactive Strategies

August 24, 2024, 18:12 pm ET, BY David D.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for HUBS

• Buy HUBS slightly over 499.08 target 586.47 stop loss @ 497.64 Details

The technical summary data tells us to buy HUBS near 499.08 with an upside target of 586.47. This data also tells us to set a stop loss @ 497.64 to protect against excessive loss in case the stock begins to move against the trade. 499.08 is the first level of support below 503.07 , and by rule, any test of support is a buy signal. In this case, support 499.08 would be being tested, so a buy signal would exist.

• Short HUBS slightly under 586.47, target 499.08, stop loss @ 588.16 Details

The technical summary data is suggesting a short of HUBS as it gets near 586.47 with a downside target of 499.08. We should have a stop loss in place at 588.16though. 586.47 is the first level of resistance above 503.07, and by rule, any test of resistance is a short signal. In this case, if resistance 586.47 is being tested, so a short signal would exist.

Swing Trading Plans for HUBS

• Buy HUBS slightly over 509.55, target 586.47, Stop Loss @ 508.08 Details

If 509.55 begins to break higher, the technical summary data tells us to buy HUBS just slightly over 509.55, with an upside target of 586.47. The data also tells us to set a stop loss @ 508.08 in case the stock turns against the trade. 509.55 is the first level of resistance above 503.07, and by rule, any break above resistance is a buy signal. In this case, 509.55, 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 HUBS slightly near 509.55, target 499.08, Stop Loss @ 511.02. Details

The technical summary data is suggesting a short of HUBS if it tests 509.55 with a downside target of 499.08. We should have a stop loss in place at 511.02 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, 509.55, 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 HUBS

• Buy HUBS slightly over 503.99, target 509.55, Stop Loss @ 502.81 Details

If 503.99 begins to break higher, the technical summary data tells us to buy HUBS just slightly over 503.99, with an upside target of 509.55. The data also tells us to set a stop loss @ 502.81 in case the stock turns against the trade. 503.99 is the first level of resistance above 503.07, and by rule, any break above resistance is a buy signal. In this case, 503.99, 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 HUBS slightly near 503.99, target 499.08, Stop Loss @ 505.17. Details

The technical summary data is suggesting a short of HUBS if it tests 503.99 with a downside target of 499.08. We should have a stop loss in place at 505.17 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, 503.99, 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 Hubspot Inc. (HUBS) available here: HUBS.

HUBS Ratings for August 24:

Term →	Near	Mid	Long
Rating	Neutral	Strong	Strong
P1	0	0	499.08
P2	494	496.63	586.47
P3	503.99	509.55	674.65

AI Generated Signals for HUBS

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Don't over think it!  Trading Hubspot Inc. (NASDAQ: HUBS) or any other stock can be rewarding if the simple rules of technical analysis are observed before making any decisions.  This should be an integral part of the investment process.

Warning:

This is a static report, the data below was valid at the time of the publication, but support and resistance levels for HUBS change over time, so the report should be updated regularly.  Real Time updates are provided to subscribers.  Unlimited Real Time Reports.

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Instructions:

The rules that govern the data in this report are the rules of Technical Analysis.  For example, if HUBS is testing support buy signals surface, and resistance is the target.  Conversely, if resistance is being tested, that is a sign to control risk or short, and support would be the downside target accordingly.  In each case, the trigger point is designed to be both an ideal place to enter a position (avoid trading in the middle of a trading channel), and it acts as a level of risk control too.

Swing Trades, Day Trades, and Longer term Trading Plans:

This data is refined to differentiate trading plans for Day Trading, Swing Trading, and Long Term Investing plans for HUBS too.  All of these are offered below the Summary Table.