Trading (ESLT) With Integrated Risk Controls

October 10, 2024, 15:56 pm ET, BY THOMAS KEE- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for ESLT

• Buy ESLT near 192.69 target 205.23 stop loss @ 192.13 Details

The technical summary data tells us to buy ESLT near 192.69 with an upside target of 205.23. This data also tells us to set a stop loss @ 192.13 to protect against excessive loss in case the stock begins to move against the trade. 192.69 is the first level of support below 205.03 , and by rule, any test of support is a buy signal. In this case, support 192.69 is being tested, a buy signal would exist.

• Short ESLT slightly under 205.23, target 192.69, stop loss @ 205.82 Details

The technical summary data is suggesting a short of ESLT as it gets near 205.23 with a downside target of 192.69. We should have a stop loss in place at 205.82though. 205.23 is the first level of resistance above 205.03, and by rule, any test of resistance is a short signal. In this case, if resistance 205.23 is being tested, a short signal would exist.

Swing Trading Plans for ESLT

• Buy ESLT slightly over 205.23, target 207.76, Stop Loss @ 204.64 Details

If 205.23 begins to break higher, the technical summary data tells us to buy ESLT just slightly over 205.23, with an upside target of 207.76. The data also tells us to set a stop loss @ 204.64 in case the stock turns against the trade. 205.23 is the first level of resistance above 205.03, and by rule, any break above resistance is a buy signal. In this case, 205.23, 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 ESLT slightly near 205.23, target 192.69, Stop Loss @ 205.82. Details

The technical summary data is suggesting a short of ESLT if it tests 205.23 with a downside target of 192.69. We should have a stop loss in place at 205.82 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, 205.23, 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 ESLT

• Buy ESLT slightly over 205.23, target 207.76, Stop Loss @ 204.75 Details

If 205.23 begins to break higher, the technical summary data tells us to buy ESLT just slightly over 205.23, with an upside target of 207.76. The data also tells us to set a stop loss @ 204.75 in case the stock turns against the trade. 205.23 is the first level of resistance above 205.03, and by rule, any break above resistance is a buy signal. In this case, 205.23, 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 ESLT slightly near 205.23, target 192.69, Stop Loss @ 205.71. Details

The technical summary data is suggesting a short of ESLT if it tests 205.23 with a downside target of 192.69. We should have a stop loss in place at 205.71 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, 205.23, 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 Elbit Systems Ltd. (ESLT) available here: ESLT.

ESLT Ratings for October 10:

Term →	Near	Mid	Long
Rating	Strong	Strong	Neutral
P1	0	0	179.96
P2	209	207.76	192.69
P3	213.51	211.99	205.23

AI Generated Signals for ESLT

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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 Elbit Systems Ltd. (NASDAQ: ESLT) report below can help you, but we have more details too. The trading plans for ESLT, 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.