Learn to Evaluate (GBLI) using the Charts
July 16, 2024, 22:14 pm ET, BY THOMAS KEE- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for GBLI
- Buy GBLI slightly over 29.62 target 31.9 stop loss @ 29.53 Details
The technical summary data tells us to buy GBLI near 29.62 with an upside target of 31.9. This data also tells us to set a stop loss @ 29.53 to protect against excessive loss in case the stock begins to move against the trade. 29.62 is the first level of support below 31 , and by rule, any test of support is a buy signal. In this case, support 29.62 is being tested, a buy signal would exist.
- Short GBLI slightly under 31.9, target 29.62, stop loss @ 31.99 Details
The technical summary data is suggesting a short of GBLI as it gets near 31.9 with a downside target of 29.62. We should have a stop loss in place at 31.99though. 31.9 is the first level of resistance above 31, and by rule, any test of resistance is a short signal. In this case, if resistance 31.9 is being tested, a short signal would exist.
Swing Trading Plans for GBLI
- Buy GBLI slightly over 31.9, target n/a, Stop Loss @ 31.81 Details
If 31.9 begins to break higher, the technical summary data tells us to buy GBLI just slightly over 31.9, with an upside target of n/a. The data also tells us to set a stop loss @ 31.81 in case the stock turns against the trade. 31.9 is the first level of resistance above 31, and by rule, any break above resistance is a buy signal. In this case, 31.9, 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 GBLI slightly near 31.9, target 30.87, Stop Loss @ 31.99. Details
The technical summary data is suggesting a short of GBLI if it tests 31.9 with a downside target of 30.87. We should have a stop loss in place at 31.99 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, 31.9, 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 GBLI
- Buy GBLI slightly over 31.9, target n/a, Stop Loss @ 31.83 Details
If 31.9 begins to break higher, the technical summary data tells us to buy GBLI just slightly over 31.9, with an upside target of n/a. The data also tells us to set a stop loss @ 31.83 in case the stock turns against the trade. 31.9 is the first level of resistance above 31, and by rule, any break above resistance is a buy signal. In this case, 31.9, 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 GBLI slightly near 31.9, target 30.87, Stop Loss @ 31.97. Details
The technical summary data is suggesting a short of GBLI if it tests 31.9 with a downside target of 30.87. We should have a stop loss in place at 31.97 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, 31.9, 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 Global Indemnity Group Llc Class A (de) (GBLI) available here: GBLI.
GBLI Ratings for July 16:
| Term → | Near |
Mid |
Long |
|---|
| Rating |
Neutral |
Neutral |
Neutral |
| P1 |
0 |
0 |
27.19 |
| P2 |
30.1 |
29.96 |
29.62 |
| P3 |
30.73 |
30.87 |
31.9 |
AI Generated Signals for GBLI
Blue = Current Price
Red= Resistance
Green = Support
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When #institutionalinvestors make decisions to buy and sell #stocks they normally want to keep it quiet. However, if we pay close attention we can see what is going on, and make good decisions.. The Global Indemnity Group Llc Class A (de) (NASDAQ: GBLI) report below can help you understand how to do this. The trading plans for GBLI, are updated in real time for subscribers, but this report is static. If you want an update, or a different report on a different stock, please get one here Unlimited Real Time Reports.
Fundamental Charts for GBLI:
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