Trading (LII) With Integrated Risk Controls

March 19, 2024, 22:22 pm ET, BY THOMAS KEE- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for LII

• Buy LII slightly over 474.4 target 500.51 stop loss @ 473.03 Details

The technical summary data tells us to buy LII near 474.4 with an upside target of 500.51. This data also tells us to set a stop loss @ 473.03 to protect against excessive loss in case the stock begins to move against the trade. 474.4 is the first level of support below 482.99 , and by rule, any test of support is a buy signal. In this case, support 474.4 is being tested, a buy signal would exist.

• Short LII slightly under 500.51, target 474.4, stop loss @ 501.96 Details

The technical summary data is suggesting a short of LII as it gets near 500.51 with a downside target of 474.4. We should have a stop loss in place at 501.96though. 500.51 is the first level of resistance above 482.99, and by rule, any test of resistance is a short signal. In this case, if resistance 500.51 is being tested, a short signal would exist.

Swing Trading Plans for LII

• Buy LII slightly over 500.51, target n/a, Stop Loss @ 499.06 Details

If 500.51 begins to break higher, the technical summary data tells us to buy LII just slightly over 500.51, with an upside target of n/a. The data also tells us to set a stop loss @ 499.06 in case the stock turns against the trade. 500.51 is the first level of resistance above 482.99, and by rule, any break above resistance is a buy signal. In this case, 500.51, 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 LII slightly near 500.51, target 477.05, Stop Loss @ 501.96. Details

The technical summary data is suggesting a short of LII if it tests 500.51 with a downside target of 477.05. We should have a stop loss in place at 501.96 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, 500.51, 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 LII

• Buy LII slightly over 500.51, target n/a, Stop Loss @ 499.34 Details

If 500.51 begins to break higher, the technical summary data tells us to buy LII just slightly over 500.51, with an upside target of n/a. The data also tells us to set a stop loss @ 499.34 in case the stock turns against the trade. 500.51 is the first level of resistance above 482.99, and by rule, any break above resistance is a buy signal. In this case, 500.51, 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 LII slightly near 500.51, target 478.16, Stop Loss @ 501.68. Details

The technical summary data is suggesting a short of LII if it tests 500.51 with a downside target of 478.16. We should have a stop loss in place at 501.68 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, 500.51, 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 Lennox International Inc. (LII) available here: LII.

LII Ratings for March 19:

Term →	Near	Mid	Long
Rating	Strong	Neutral	Strong
P1	0	0	446.27
P2	472.5	464.51	474.4
P3	478.16	477.05	500.51

AI Generated Signals for LII

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Price matters most to #makingmoney in the #stockmarket. Celebrating 20 years, Stock Traders Daily provides the tools that help you develop investment strategies, and this is a good example. When we couple this with our market based analysis, the probabilities of going with the flow increases, and that is material over time. The Lennox International Inc. (NYSE: LII) report below can help you, but we have more details too. The trading plans for LII, and the other 1000+ stocks we follow, are updated in real time for subscribers, but this report is static. If you want an update, or a different report, please get one here Unlimited Real Time Reports.