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Quest diagnostics stock4/5/2023 ![]() This methodology is also applied to Index options, ETFs, and futures. Over the past 20 years this proprietary AI has been refined to help identify the most opportune trading strategies for both individual stocks and the stock markets themselves. ![]() This report was produced using AI developed by Stock Traders Daily. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.ĭGX Technical Summary | Raw Data for the Trading Plans Term → In this case, if resistance, 142.99, is being tested a short signal would exist. By rule, any test of resistance is a short signal. We should have a stop loss in place at 143.32 though in case the stock begins to move against the trade. The technical summary data is suggesting a short of DGX if it tests 142.99 with a downside target of 137.39. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan. In this case, 142.99, initial resistance, would be breaking higher, so a buy signal would exist. 142.99 is the first level of resistance above 140.31, and by rule, any break above resistance is a buy signal. The data also tells us to set a stop loss 142.66 in case the stock turns against the trade. If 142.99 begins to break higher, the technical summary data tells us to buy DGX just over 142.99, with an upside target of 158.06. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan. We should have a stop loss in place at 143.4 though in case the stock begins to move against the trade. The technical summary data is suggesting a short of DGX if it tests 142.99 with a downside target of 133.52. The data also tells us to set a stop loss 142.58 in case the stock turns against the trade. ![]() In this case, if resistance 142.99 is being tested, so a short signal would exist. 142.99 is the first level of resistance above 140.31, and by rule, any test of resistance is a short signal. We should have a stop loss in place at 143.4though. The technical summary data is suggesting a short of DGX as it gets near 142.99 with a downside target of 128.67. Short DGX under 142.99, target 128.67, stop loss 143.4 Details.In this case, support 128.67 would be being tested, so a buy signal would exist. 128.67 is the first level of support below 140.31, and by rule, any test of support is a buy signal. This data also tells us to set a stop loss 128.3 to protect against excessive loss in case the stock begins to move against the trade. The technical summary data tells us to buy DGX near 128.67 with an upside target of 142.99. Buy DGX over 128.67 target 142.99 stop loss 128.3 Details.Source: Stock Traders Daily Longer Term Trading Plans for DGX
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