Learn to Evaluate (DTM) using the Charts
November 01, 2024, 00:38 am ET, BY THOMAS KEE- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for DTM
- Buy DTM near 86.23 target n/a stop loss @ 85.98. Details
The technical summary data tells us to buy DTM near 86.23, but there is no current upside target from the summary table. In this case we should wait until either an update to the summary table has been made (which usually happens at the beginning of every trading day), or until the position has been stopped. The data does tell us to set a stop loss 85.98 to protect against excessive loss in case the stock begins to move against the trade. 86.23 is the first level of support below 90.15, and by rule, any test of support is a buy signal. In this case, if support 86.23 is being tested, a buy signal would exist.
- NONE . Details
NONE .
There are no current resistance levels from the summary table, and therefore there are no Short resistance Plans which tell us to short upon tests of resistance. Resistance levels have broken higher and unless the stock reverses lower and below support levels again short positions look risky.
Swing Trading Plans for DTM
- Buy DTM slightly over 90.9, target n/a, Stop Loss @ 90.64 Details
If 90.9 begins to break higher, the technical summary data tells us to buy DTM just slightly over 90.9, with an upside target of n/a. The data also tells us to set a stop loss @ 90.64 in case the stock turns against the trade. 90.9 is the first level of resistance above 90.15, and by rule, any break above resistance is a buy signal. In this case, 90.9, 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 DTM slightly near 90.9, target 88.48, Stop Loss @ 91.16. Details
The technical summary data is suggesting a short of DTM if it tests 90.9 with a downside target of 88.48. We should have a stop loss in place at 91.16 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, 90.9, 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 DTM
- Buy DTM slightly over 90.5, target 90.9, Stop Loss @ 90.29 Details
If 90.5 begins to break higher, the technical summary data tells us to buy DTM just slightly over 90.5, with an upside target of 90.9. The data also tells us to set a stop loss @ 90.29 in case the stock turns against the trade. 90.5 is the first level of resistance above 90.15, and by rule, any break above resistance is a buy signal. In this case, 90.5, 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 DTM slightly near 90.5, target 88.48, Stop Loss @ 90.71. Details
The technical summary data is suggesting a short of DTM if it tests 90.5 with a downside target of 88.48. We should have a stop loss in place at 90.71 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, 90.5, 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 Dt Midstream Inc. (DTM) available here: DTM.
DTM Ratings for November 01:
| Term → | Near |
Mid |
Long |
|---|
| Rating |
Strong |
Strong |
Strong |
| P1 |
0 |
0 |
76.71 |
| P2 |
90.5 |
88.48 |
81.41 |
| P3 |
92.13 |
90.9 |
86.23 |
AI Generated Signals for DTM
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 Dt Midstream Inc. (NYSE: DTM) report below can help you understand how to do this. The trading plans for DTM, 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 DTM:
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