JJSF - How to Identify the Opportunity and Potential Pitfalls in J&j Snack Foods
This J&j Snack Foods (NASDAQ: JJSF) report helps investors and traders identify both opportunity, and potential red flags, by using the price action of the stock. The trading plans for JJSF 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 | |||
| Neutral | |||
| Weak | |||
| Strong | |||
| P1 | |||
| 0 | |||
| 0 | |||
| 153.31 | |||
| P2 | |||
| 156.38 | |||
| 156.58 | |||
| 161.12 | |||
| P3 | |||
| 158.91 | |||
| 159.03 | |||
| 170.66 |
Long Term Trading Plans for JJSF
April 14, 2021, 11:00 pm ET
The Technical Summary and Trading Plans for JJSF 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 JJSF Report.
JJSF - (Long) Support Plan
The technical summary data tells us to buy JJSF near 153.31 with an upside target of 161.12. This data also tells us to set a stop loss @ 152.87 to protect against excessive loss in case the stock begins to move against the trade. 153.31 is the first level of support below 157.34 , and by rule, any test of support is a buy signal. In this case, support 153.31 would be being tested, so a buy signal would exist.
JJSF - (Short) Resistance Plan
The technical summary data is suggesting a short of JJSF as it gets near 161.12 with a downside target of 153.31. We should have a stop loss in place at 161.59though. 161.12 is the first level of resistance above 157.34, and by rule, any test of resistance is a short signal. In this case, if resistance 161.12 is being tested, so a short signal would exist.