Learn to Evaluate Dte Energy Holding (DTE) using the Charts

May 16, 2022, 04:15 am ET, BY Rolland S.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

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  Dte Energy Holding (NYSE: DTE) report below can help you understand how to do this. The trading plans for DTE, 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.

Longer Term Trading Plans for DTE

• Buy DTE slightly over 123.93 target 131.41 stop loss @ 123.57 Details

The technical summary data tells us to buy DTE near 123.93 with an upside target of 131.41. This data also tells us to set a stop loss @ 123.57 to protect against excessive loss in case the stock begins to move against the trade. 123.93 is the first level of support below 129.81 , and by rule, any test of support is a buy signal. In this case, support 123.93 is being tested, a buy signal would exist.

• Short DTE under 131.41, target 123.93, stop loss @ 131.79 Details

The technical summary data is suggesting a short of DTE as it gets near 131.41 with a downside target of 123.93. We should have a stop loss in place at 131.79though. 131.41 is the first level of resistance above 129.81, and by rule, any test of resistance is a short signal. In this case, if resistance 131.41 is being tested, a short signal would exist.

Swing Trading Plans for DTE

• Buy DTE slightly over 131.41, target n/a, Stop Loss @ 131.03 Details

If 131.41 begins to break higher, the technical summary data tells us to buy DTE just slightly over 131.41, with an upside target of n/a. The data also tells us to set a stop loss @ 131.03 in case the stock turns against the trade. 131.41 is the first level of resistance above 129.81, and by rule, any break above resistance is a buy signal. In this case, 131.41, 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 DTE near 131.41, target 129.04, Stop Loss @ 131.79. Details

The technical summary data is suggesting a short of DTE if it tests 131.41 with a downside target of 129.04. We should have a stop loss in place at 131.79 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, 131.41, 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 DTE

• Buy DTE slightly over 131.41, target n/a, Stop Loss @ 131.1 Details

If 131.41 begins to break higher, the technical summary data tells us to buy DTE just slightly over 131.41, with an upside target of n/a. The data also tells us to set a stop loss @ 131.1 in case the stock turns against the trade. 131.41 is the first level of resistance above 129.81, and by rule, any break above resistance is a buy signal. In this case, 131.41, 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 DTE near 131.41, target 129.79, Stop Loss @ 131.72. Details

The technical summary data is suggesting a short of DTE if it tests 131.41 with a downside target of 129.79. We should have a stop loss in place at 131.72 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, 131.41, 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.

DTE Ratings for May 16:

Term →	Near	Mid	Long
Rating	Neutral	Weak	Neutral
P1	0	0	116.74
P2	128.14	125.95	123.93
P3	129.79	129.04	131.41

Support and Resistance Plot Chart for DTE

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