Some people say that #timing does not matter, but it does. If you were to #buyandhold Agilent Technologies (NYSE: A) at a high, see it fall, and not be able to buy more on the dip like the big boys can, that would be troubling. Over time, Stock Traders Daily has found a way to lessen the odds of this happening. Below, we provide data for A that can be used to help achieve this goal. The data can be used to improve the timing of buy and sell decisions. 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
Term ? | Near | Mid | Long |
---|---|---|---|
Bias | Weak | Neutral | Strong |
P1 | 0 | 0 | 128.05 |
P2 | 130.63 | 129.33 | 134.39 |
P3 | 133.14 | 132.36 | 140.67 |
Longer Term Trading Plans for A
May 12, 2021, 7:45 am ET
Our Longer Term Plans for A 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 A Report.
A - (Long) Support Plan
The technical summary data tells us to buy A near 128.05 with an upside target of 134.39. This data also tells us to set a stop loss @ 127.68 to protect against excessive loss in case the stock begins to move against the trade. 128.05 is the first level of support below 131.42 , and by rule, any test of support is a buy signal. In this case, support 128.05 would be being tested, so a buy signal would exist.
A - (Short) Resistance Plan
The technical summary data is suggesting a short of A as it gets near 134.39 with a downside target of 128.05. We should have a stop loss in place at 134.78though. 134.39 is the first level of resistance above 131.42, and by rule, any test of resistance is a short signal. In this case, if resistance 134.39 is being tested, so a short signal would exist.