SRCL - When the Price of Stericycle #SRCL Talks People Listen

This is not EF Hutton, but it could be more #powerful.  A picture speaks a thousand words, they say, and the #priceaction of Stericycle (NASDAQ: SRCL) tells an important story.  The movement tells us where investors perceive value, or the lack of it, and if we pay attention we can capture opportunity.  The data below for SRCL can be used as an example, and demonstrate how to do this for other stocks too.  This data was current at the time of publication, but it is not updated in real time here. If you want real time updates, or data on a different stock, please get one here Unlimited Real Time Reports .

Technical Summary

Longer Term Trading Plans for SRCL

May 11, 2021, 9:00 pm ET

Our Longer Term Plans for SRCL 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 SRCL Report.

SRCL - (Long) Support Plan

The technical summary data tells us to buy SRCL near 72.94 with an upside target of 77.96. This data also tells us to set a stop loss @ 72.73 to protect against excessive loss in case the stock begins to move against the trade. 72.94 is the first level of support below 76.87 , and by rule, any test of support is a buy signal. In this case, support 72.94 is being tested, a buy signal would exist.

SRCL - (Short) Resistance Plan

The technical summary data is suggesting a short of SRCL as it gets near 77.96 with a downside target of 72.94. We should have a stop loss in place at 78.19though. 77.96 is the first level of resistance above 76.87, and by rule, any test of resistance is a short signal. In this case, if resistance 77.96 is being tested, a short signal would exist.