SSD - Managing Risk in Simpson Manufacturing #SSD by Using Price Action
The #priceactio n in Simpson Manufacturing (NYSE: SSD) can help investors find #opportunity and integrate #riskmanagement tools . Stock Traders Daily has demonstrated that in this article. Review The plans for SSD below, and you will see how this works. Keep in mind, this data is current, but it is not real time. If you want a real time updates, or data on a different stock, please get one here Unlimited Real Time Reports .
Technical Summary
| Term ? | Near | Mid | Long |
|---|---|---|---|
| Bias | |||
| Neutral | |||
| Neutral | |||
| Strong | |||
| P1 | |||
| 0 | |||
| 0 | |||
| 100.04 | |||
| P2 | |||
| 109.22 | |||
| 109.88 | |||
| 107.36 | |||
| P3 | |||
| 113.38 | |||
| 114.75 | |||
| 114.73 |
Longer Term Trading Plans for SSD
May 19, 2021, 6:00 am ET
Our Longer Term Plans for SSD help you determine where to buy, sell, short, and set risk controls. Use this in conjunction with our Longer Term Market Analysis to go with the flow of the market as well. Going with the flow is extremely important, so review our Market Analysis and see how it helps you work with this SSD Report.
SSD - (Long) Support Plan
Buy over 107.36 target 114.73 stop loss @ 107.05
SSD - (Short) Resistance Plan
Short under 114.73, target 107.36, stop loss @ 115.06