When the Price of (CDL) Talks, People Listen
June 30, 2024, 10:48 am ET, BY David D.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for CDL
- Buy CDL slightly over 58.76 target 61.25 stop loss @ 58.59 Details
The technical summary data tells us to buy CDL near 58.76 with an upside target of 61.25. This data also tells us to set a stop loss @ 58.59 to protect against excessive loss in case the stock begins to move against the trade. 58.76 is the first level of support below 61.0527 , and by rule, any test of support is a buy signal. In this case, support 58.76 would be being tested, so a buy signal would exist.
- Short CDL slightly under 61.25, target 58.76, stop loss @ 61.43 Details
The technical summary data is suggesting a short of CDL as it gets near 61.25 with a downside target of 58.76. We should have a stop loss in place at 61.43though. 61.25 is the first level of resistance above 61.0527, and by rule, any test of resistance is a short signal. In this case, if resistance 61.25 is being tested, so a short signal would exist.
Swing Trading Plans for CDL
- Buy CDL slightly over 61.25, target 61.67, Stop Loss @ 61.07 Details
If 61.25 begins to break higher, the technical summary data tells us to buy CDL just slightly over 61.25, with an upside target of 61.67. The data also tells us to set a stop loss @ 61.07 in case the stock turns against the trade. 61.25 is the first level of resistance above 61.0527, and by rule, any break above resistance is a buy signal. In this case, 61.25, 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 CDL slightly near 61.25, target 60.92, Stop Loss @ 61.43. Details
The technical summary data is suggesting a short of CDL if it tests 61.25 with a downside target of 60.92. We should have a stop loss in place at 61.43 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, 61.25, 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 CDL
- Buy CDL slightly over 61.25, target 61.67, Stop Loss @ 61.11 Details
If 61.25 begins to break higher, the technical summary data tells us to buy CDL just slightly over 61.25, with an upside target of 61.67. The data also tells us to set a stop loss @ 61.11 in case the stock turns against the trade. 61.25 is the first level of resistance above 61.0527, and by rule, any break above resistance is a buy signal. In this case, 61.25, 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 CDL slightly near 61.25, target 60.97, Stop Loss @ 61.39. Details
The technical summary data is suggesting a short of CDL if it tests 61.25 with a downside target of 60.97. We should have a stop loss in place at 61.39 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, 61.25, 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 Compass Emp Us Large Cap High Dividend 100 Volatil (CDL) available here: CDL.
CDL Ratings for June 30:
| Term → | Near |
Mid |
Long |
|---|
| Rating |
Neutral |
Neutral |
Strong |
| P1 |
0 |
0 |
58.76 |
| P2 |
60.52 |
60.92 |
61.25 |
| P3 |
60.97 |
61.67 |
63.59 |
AI Generated Signals for CDL
Blue = Current Price
Red= Resistance
Green = Support
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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 Compass Emp Us Large Cap High Dividend 100 Volatil (NYSE: CDL) 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 CDL 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.
Fundamental Charts for CDL:
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