When the Price of (GD) Talks, People Listen
July 28, 2024, 22:48 pm ET, BY David D.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for GD
- Buy GD slightly over 289.4 target 302.05 stop loss @ 288.56 Details
The technical summary data tells us to buy GD near 289.4 with an upside target of 302.05. This data also tells us to set a stop loss @ 288.56 to protect against excessive loss in case the stock begins to move against the trade. 289.4 is the first level of support below 290.4 , and by rule, any test of support is a buy signal. In this case, support 289.4 would be being tested, so a buy signal would exist.
- Short GD slightly under 302.05, target 289.4, stop loss @ 302.92 Details
The technical summary data is suggesting a short of GD as it gets near 302.05 with a downside target of 289.4. We should have a stop loss in place at 302.92though. 302.05 is the first level of resistance above 290.4, and by rule, any test of resistance is a short signal. In this case, if resistance 302.05 is being tested, so a short signal would exist.
Swing Trading Plans for GD
- Buy GD slightly over 296.57, target 302.05, Stop Loss @ 295.71 Details
If 296.57 begins to break higher, the technical summary data tells us to buy GD just slightly over 296.57, with an upside target of 302.05. The data also tells us to set a stop loss @ 295.71 in case the stock turns against the trade. 296.57 is the first level of resistance above 290.4, and by rule, any break above resistance is a buy signal. In this case, 296.57, 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 GD slightly near 296.57, target 289.4, Stop Loss @ 297.43. Details
The technical summary data is suggesting a short of GD if it tests 296.57 with a downside target of 289.4. We should have a stop loss in place at 297.43 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, 296.57, 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 GD
- Buy GD slightly over 295.3, target 296.57, Stop Loss @ 294.61 Details
If 295.3 begins to break higher, the technical summary data tells us to buy GD just slightly over 295.3, with an upside target of 296.57. The data also tells us to set a stop loss @ 294.61 in case the stock turns against the trade. 295.3 is the first level of resistance above 290.4, and by rule, any break above resistance is a buy signal. In this case, 295.3, 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 GD slightly near 295.3, target 289.4, Stop Loss @ 295.99. Details
The technical summary data is suggesting a short of GD if it tests 295.3 with a downside target of 289.4. We should have a stop loss in place at 295.99 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, 295.3, 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.
Check the time stamp on this data. Updated AI-Generated Signals for General Dynamics Corporation (GD) available here: GD.
GD Ratings for July 28:
Term → | Near |
Mid |
Long |
Rating |
Neutral |
Neutral |
Strong |
P1 |
0 |
0 |
289.4 |
P2 |
285.46 |
287.06 |
302.05 |
P3 |
295.3 |
296.57 |
313.72 |
AI Generated Signals for GD
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 General Dynamics Corporation (NYSE: GD) 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 GD 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 GD: