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When Hni (HNI) Moves Investors should Listen

How do we know what is going on #behindthescenes of a company?  According to Stock Traders Daily, a 20-year #financialindustry innovator, the best way to do this to to watch the price action in the stock. The  Hni (NYSE: HNI) report below is a real world example. Included are trading plans for HNI, but this report is static. If you want an update, or a different stock, please get one here Unlimited Real Time Reports

Longer Term Trading Plans for HNI
  • Buy HNI slightly over 36.72 target 40.91 stop loss @ 36.61 Details
  • The technical summary data tells us to buy HNI near 36.72 with an upside target of 40.91. This data also tells us to set a stop loss @ 36.61 to protect against excessive loss in case the stock begins to move against the trade. 36.72 is the first level of support below 40.76 , and by rule, any test of support is a buy signal. In this case, support 36.72 would be being tested, so a buy signal would exist.

  • Short HNI under 40.91, target 36.72, stop loss @ 41.03 Details
  • The technical summary data is suggesting a short of HNI as it gets near 40.91 with a downside target of 36.72. We should have a stop loss in place at 41.03though. 40.91 is the first level of resistance above 40.76, and by rule, any test of resistance is a short signal. In this case, if resistance 40.91 is being tested, so a short signal would exist.

Swing Trading Plans for HNI
  • Buy HNI slightly over 40.91, target 42.38, Stop Loss @ 40.79 Details
  • If 40.91 begins to break higher, the technical summary data tells us to buy HNI just slightly over 40.91, with an upside target of 42.38. The data also tells us to set a stop loss @ 40.79 in case the stock turns against the trade. 40.91 is the first level of resistance above 40.76, and by rule, any break above resistance is a buy signal. In this case, 40.91, 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 HNI near 40.91, target 36.72, Stop Loss @ 41.03. Details
  • The technical summary data is suggesting a short of HNI if it tests 40.91 with a downside target of 36.72. We should have a stop loss in place at 41.03 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, 40.91, 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 HNI
  • Buy HNI slightly over 40.91, target 42.40, Stop Loss @ 40.81 Details
  • If 40.91 begins to break higher, the technical summary data tells us to buy HNI just slightly over 40.91, with an upside target of 42.40. The data also tells us to set a stop loss @ 40.81 in case the stock turns against the trade. 40.91 is the first level of resistance above 40.76, and by rule, any break above resistance is a buy signal. In this case, 40.91, 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 HNI near 40.91, target 36.72, Stop Loss @ 41.01. Details
  • The technical summary data is suggesting a short of HNI if it tests 40.91 with a downside target of 36.72. We should have a stop loss in place at 41.01 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, 40.91, 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.

HNI Ratings for November 27:

Term →Near Mid Long
Rating Strong Strong Neutral
P1 0 0 36.72
P2 42.40 42.38 40.91
P3 43.18 43.14 45.01
Triggers may have already come
Support and Resistance Plot Chart for HNI

HNI Long Term Analysis for November 27 2021

Blue = Current Price
Red= Resistance
Green = Support

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