PLXS - How to Identify the Opportunity and Potential Pitfalls in Plexus
This Plexus (NASDAQ: PLXS) report helps investors and traders identify both opportunity, and potential red flags, by using the price action of the stock. The trading plans for PLXS have risk controls, and that make these observations both opportunistic and defensive, but the data on this page is not real time. If you want a real time update, or a different stock, please get one here Unlimited Real Time Reports .
Technical Summary
| Term ? | Near | Mid | Long |
|---|---|---|---|
| Bias | |||
| Strong | |||
| Neutral | |||
| Strong | |||
| P1 | |||
| 0 | |||
| 0 | |||
| 76.70 | |||
| P2 | |||
| 82.99 | |||
| 82.59 | |||
| 83.09 | |||
| P3 | |||
| 85.18 | |||
| 84.94 | |||
| 88.36 |
Long Term Trading Plans for PLXS
March 1, 2021, 5:15 am ET
The Technical Summary and Trading Plans for PLXS help you determine where to buy, sell, and set risk controls. The data is best used in conjunction with our Market Analysis and Stock Correlation Filters too, because those help us go with the flow of the market as well. Going with the flow is extremely important, so review our Market Analysis with this PLXS Report.
PLXS - (Long) Support Plan
The technical summary data tells us to buy PLXS near 83.09 with an upside target of 88.36. This data also tells us to set a stop loss @ 82.85 to protect against excessive loss in case the stock begins to move against the trade. 83.09 is the first level of support below 83.98 , and by rule, any test of support is a buy signal. In this case, support 83.09 is being tested, a buy signal would exist.
PLXS - (Short) Resistance Plan
The technical summary data is suggesting a short of PLXS as it gets near 88.36 with a downside target of 83.09. We should have a stop loss in place at 88.62though. 88.36 is the first level of resistance above 83.98, and by rule, any test of resistance is a short signal. In this case, if resistance 88.36 is being tested, a short signal would exist.