How the (AEIS) price action is used to our Advantage
July 08, 2024, 12:42 pm ET, BY THOMAS KEE- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for AEIS
- Buy AEIS slightly over 99.86 target 110.15 stop loss @ 99.57 Details
The technical summary data tells us to buy AEIS near 99.86 with an upside target of 110.15. This data also tells us to set a stop loss @ 99.57 to protect against excessive loss in case the stock begins to move against the trade. 99.86 is the first level of support below 107.935 , and by rule, any test of support is a buy signal. In this case, support 99.86 is being tested, a buy signal would exist.
- Short AEIS slightly under 110.15, target 99.86, stop loss @ 110.47 Details
The technical summary data is suggesting a short of AEIS as it gets near 110.15 with a downside target of 99.86. We should have a stop loss in place at 110.47though. 110.15 is the first level of resistance above 107.935, and by rule, any test of resistance is a short signal. In this case, if resistance 110.15 is being tested, a short signal would exist.
Swing Trading Plans for AEIS
- Buy AEIS slightly over 110.15, target n/a, Stop Loss @ 109.83 Details
If 110.15 begins to break higher, the technical summary data tells us to buy AEIS just slightly over 110.15, with an upside target of n/a. The data also tells us to set a stop loss @ 109.83 in case the stock turns against the trade. 110.15 is the first level of resistance above 107.935, and by rule, any break above resistance is a buy signal. In this case, 110.15, 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 AEIS slightly near 110.15, target 107.63, Stop Loss @ 110.47. Details
The technical summary data is suggesting a short of AEIS if it tests 110.15 with a downside target of 107.63. We should have a stop loss in place at 110.47 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, 110.15, 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 AEIS
- Buy AEIS slightly over 110.15, target n/a, Stop Loss @ 109.89 Details
If 110.15 begins to break higher, the technical summary data tells us to buy AEIS just slightly over 110.15, with an upside target of n/a. The data also tells us to set a stop loss @ 109.89 in case the stock turns against the trade. 110.15 is the first level of resistance above 107.935, and by rule, any break above resistance is a buy signal. In this case, 110.15, 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 AEIS slightly near 110.15, target 107.63, Stop Loss @ 110.41. Details
The technical summary data is suggesting a short of AEIS if it tests 110.15 with a downside target of 107.63. We should have a stop loss in place at 110.41 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, 110.15, 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 Advanced Energy Industries Inc. (AEIS) available here: AEIS.
AEIS Ratings for July 08:
| Term → | Near |
Mid |
Long |
|---|
| Rating |
Weak |
Neutral |
Neutral |
| P1 |
0 |
0 |
89.47 |
| P2 |
104.54 |
105.17 |
99.86 |
| P3 |
106.88 |
107.63 |
110.15 |
AI Generated Signals for AEIS
Blue = Current Price
Red= Resistance
Green = Support
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Our job as #investors is to pay attention to the #stocks we own. Part of that involves looking at the #fundamentals, but half of the disclosure comes from looking at price action. The Advanced Energy Industries Inc. (NASDAQ: AEIS) data table below can help you with price action, and we have more details too. Trading plans for AEIS are shown here too; these plans are updated in real time for subscribers, where this report is static. If you want an update, or a report on a different stock, please get one here Unlimited Real Time Reports.
Fundamental Charts for AEIS:
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