LFUS - How To Trade (LFUS)

2024-04-18 20:50:00 ET

Stock Traders Daily has produced this trading report using a proprietary method.  This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This report optimizes trading in Littelfuse Inc. (NASDAQ: LFUS) with integrated risk controls.

Warning:

The trading plans were valid at the time this was published, but the support and resistance levels for LFUS change as time passes, and this should be updated in real time.  Access those real time updates for this and 1000 other stocks here. Unlimited Real Time Reports

Protection from Market Crashes: Subscribers also get our Tail Risk hedge, Evitar Corte

Instructions:

Use the basic rules of Technical Analysis.  Here are some examples: if LFUS is testing support the signal is to buy and target resistance.  On the other hand, if resistance is tested, that is a sign to short, and target support.  No matter which side the trade is, long or short, the trigger point is both a place to enter and as a risk control.

Swing Trades, Day Trades, and Longer term Trading Plans:

This data can be used to define Day Trading, Swing Trading, and Long Term Investing plans for LFUS too.  All of these are offered here: Access our Real Time Trading Plans

Longer Term Trading Plans for LFUS

• Buy LFUS slightly over 211.97 target 232.64 stop loss @ 211.36
• Short LFUS slightly under 232.64, target 211.97, stop loss @ 233.31

Swing Trading Plans for LFUS

• Buy LFUS slightly over 229.67, target 232.64, Stop Loss @ 229.01
• Short LFUS slightly near 229.67, target 224.52, Stop Loss @ 230.33.

Day Trading Plans for LFUS

• Buy LFUS slightly over 226.91, target 229.67, Stop Loss @ 226.38
• Short LFUS slightly near 226.91, target 224.54, Stop Loss @ 227.44.

LFUS Technical Summary | Raw Data for the Trading Plans