How the (INVH) price action is used to our Advantage
May 31, 2024, 22:46 pm ET, BY THOMAS KEE- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for INVH
- Buy INVH slightly over 34.1 target 35.88 stop loss @ 34 Details
The technical summary data tells us to buy INVH near 34.1 with an upside target of 35.88. This data also tells us to set a stop loss @ 34 to protect against excessive loss in case the stock begins to move against the trade. 34.1 is the first level of support below 34.79 , and by rule, any test of support is a buy signal. In this case, support 34.1 is being tested, a buy signal would exist.
- Short INVH slightly under 35.88, target 34.1, stop loss @ 35.98 Details
The technical summary data is suggesting a short of INVH as it gets near 35.88 with a downside target of 34.1. We should have a stop loss in place at 35.98though. 35.88 is the first level of resistance above 34.79, and by rule, any test of resistance is a short signal. In this case, if resistance 35.88 is being tested, a short signal would exist.
Swing Trading Plans for INVH
- Buy INVH slightly over 35.88, target n/a, Stop Loss @ 35.78 Details
If 35.88 begins to break higher, the technical summary data tells us to buy INVH just slightly over 35.88, with an upside target of n/a. The data also tells us to set a stop loss @ 35.78 in case the stock turns against the trade. 35.88 is the first level of resistance above 34.79, and by rule, any break above resistance is a buy signal. In this case, 35.88, 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 INVH slightly near 35.88, target 34.26, Stop Loss @ 35.98. Details
The technical summary data is suggesting a short of INVH if it tests 35.88 with a downside target of 34.26. We should have a stop loss in place at 35.98 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, 35.88, 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 INVH
- Buy INVH slightly over 35.88, target n/a, Stop Loss @ 35.8 Details
If 35.88 begins to break higher, the technical summary data tells us to buy INVH just slightly over 35.88, with an upside target of n/a. The data also tells us to set a stop loss @ 35.8 in case the stock turns against the trade. 35.88 is the first level of resistance above 34.79, and by rule, any break above resistance is a buy signal. In this case, 35.88, 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 INVH slightly near 35.88, target 34.37, Stop Loss @ 35.96. Details
The technical summary data is suggesting a short of INVH if it tests 35.88 with a downside target of 34.37. We should have a stop loss in place at 35.96 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, 35.88, 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 Invitation Homes Inc. (INVH) available here: INVH.
INVH Ratings for May 31:
Term → | Near |
Mid |
Long |
Rating |
Neutral |
Neutral |
Neutral |
P1 |
0 |
0 |
32.16 |
P2 |
33.68 |
33.52 |
34.1 |
P3 |
34.37 |
34.26 |
35.88 |
AI Generated Signals for INVH
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 Invitation Homes Inc. (NASDAQ: INVH) data table below can help you with price action, and we have more details too. Trading plans for INVH 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 INVH: