Trading Idexx Laboratories IDXX With Integrated Risk Controls

September 20, 2021, 17:00 pm ET, BY Tyler- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

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 Idexx Laboratories (NASDAQ: IDXX) report below can help you, but we have more details too. The trading plans for IDXX, 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.

Longer Term Trading Plans for IDXX

• Buy IDXX slightly over 633.20 target 676.01 stop loss @ 631.37 Details

The technical summary data tells us to buy IDXX near 633.20 with an upside target of 676.01. This data also tells us to set a stop loss @ 631.37 to protect against excessive loss in case the stock begins to move against the trade. 633.20 is the first level of support below 659.78 , and by rule, any test of support is a buy signal. In this case, support 633.20 would be being tested, so a buy signal would exist.

• Short IDXX under 676.01, target 633.20, stop loss @ 677.96 Details

The technical summary data is suggesting a short of IDXX as it gets near 676.01 with a downside target of 633.20. We should have a stop loss in place at 677.96though. 676.01 is the first level of resistance above 659.78, and by rule, any test of resistance is a short signal. In this case, if resistance 676.01 is being tested, so a short signal would exist.

Swing Trading Plans for IDXX

• Buy IDXX slightly over 668.35, target 676.01, Stop Loss @ 666.42 Details

If 668.35 begins to break higher, the technical summary data tells us to buy IDXX just slightly over 668.35, with an upside target of 676.01. The data also tells us to set a stop loss @ 666.42 in case the stock turns against the trade. 668.35 is the first level of resistance above 659.78, and by rule, any break above resistance is a buy signal. In this case, 668.35, 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 IDXX near 668.35, target 647.71, Stop Loss @ 670.28. Details

The technical summary data is suggesting a short of IDXX if it tests 668.35 with a downside target of 647.71. We should have a stop loss in place at 670.28 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, 668.35, 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 IDXX

• Buy IDXX slightly over 663.49, target 668.35, Stop Loss @ 661.94 Details

If 663.49 begins to break higher, the technical summary data tells us to buy IDXX just slightly over 663.49, with an upside target of 668.35. The data also tells us to set a stop loss @ 661.94 in case the stock turns against the trade. 663.49 is the first level of resistance above 659.78, and by rule, any break above resistance is a buy signal. In this case, 663.49, 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 IDXX near 663.49, target 647.71, Stop Loss @ 665.04. Details

The technical summary data is suggesting a short of IDXX if it tests 663.49 with a downside target of 647.71. We should have a stop loss in place at 665.04 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, 663.49, 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.

IDXX Ratings for September 20:

Term →	Near	Mid	Long
Rating	Neutral	Neutral	Strong
P1	0	0	633.20
P2	647.47	647.71	676.01
P3	663.49	668.35	720.39

Support and Resistance Plot Chart for IDXX

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