When the Price of (CHRW) Talks, People Listen
March 19, 2024, 14:26 pm ET, BY THOMAS KEE- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for CHRW
- Buy CHRW slightly over 70.32 target 76.09 stop loss @ 70.12 Details
The technical summary data tells us to buy CHRW near 70.32 with an upside target of 76.09. This data also tells us to set a stop loss @ 70.12 to protect against excessive loss in case the stock begins to move against the trade. 70.32 is the first level of support below 74.3 , and by rule, any test of support is a buy signal. In this case, support 70.32 would be being tested, so a buy signal would exist.
- Short CHRW slightly under 76.09, target 70.32, stop loss @ 76.31 Details
The technical summary data is suggesting a short of CHRW as it gets near 76.09 with a downside target of 70.32. We should have a stop loss in place at 76.31though. 76.09 is the first level of resistance above 74.3, and by rule, any test of resistance is a short signal. In this case, if resistance 76.09 is being tested, so a short signal would exist.
Swing Trading Plans for CHRW
- Buy CHRW slightly over 76.09, target 77.16, Stop Loss @ 75.87 Details
If 76.09 begins to break higher, the technical summary data tells us to buy CHRW just slightly over 76.09, with an upside target of 77.16. The data also tells us to set a stop loss @ 75.87 in case the stock turns against the trade. 76.09 is the first level of resistance above 74.3, and by rule, any break above resistance is a buy signal. In this case, 76.09, 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 CHRW slightly near 76.09, target 74.01, Stop Loss @ 76.31. Details
The technical summary data is suggesting a short of CHRW if it tests 76.09 with a downside target of 74.01. We should have a stop loss in place at 76.31 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, 76.09, 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 CHRW
- Buy CHRW slightly over 74.57, target 76.09, Stop Loss @ 74.4 Details
If 74.57 begins to break higher, the technical summary data tells us to buy CHRW just slightly over 74.57, with an upside target of 76.09. The data also tells us to set a stop loss @ 74.4 in case the stock turns against the trade. 74.57 is the first level of resistance above 74.3, and by rule, any break above resistance is a buy signal. In this case, 74.57, 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 CHRW slightly near 74.57, target 74.01, Stop Loss @ 74.74. Details
The technical summary data is suggesting a short of CHRW if it tests 74.57 with a downside target of 74.01. We should have a stop loss in place at 74.74 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, 74.57, 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 C.h. Robinson Worldwide Inc. (CHRW) available here: CHRW.
CHRW Ratings for March 19:
| Term → | Near |
Mid |
Long |
|---|
| Rating |
Weak |
Neutral |
Weak |
| P1 |
0 |
0 |
70.32 |
| P2 |
73.04 |
74.01 |
76.09 |
| P3 |
74.57 |
77.16 |
81.59 |
AI Generated Signals for CHRW
Blue = Current Price
Red= Resistance
Green = Support
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This is not EF Hutton, but it could be more #powerful. A picture speaks a thousand words, they say, and the #priceaction of C.h. Robinson Worldwide Inc. (NASDAQ: CHRW) tells an important story. The movement tells us where investors perceive value, or the lack of it, and if we pay attention we can capture opportunity. The data below for CHRW can be used as an example, and demonstrate how to do this for other stocks too. This data was current at the time of publication, but it is not updated in real time here. If you want real time updates, or data on a different stock, please get one here Unlimited Real Time Reports.
Fundamental Charts for CHRW:
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