February 17, 2024, 06:42 am ET, BY Jake B.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for DD
- Buy DD slightly over 67.15 target 72.72 stop loss @ 66.96 Details
- Short DD slightly under 72.72, target 67.15, stop loss @ 72.93 Details
The technical summary data tells us to buy DD near 67.15 with an upside target of 72.72. This data also tells us to set a stop loss @ 66.96 to protect against excessive loss in case the stock begins to move against the trade. 67.15 is the first level of support below 68.45 , and by rule, any test of support is a buy signal. In this case, support 67.15 would be being tested, so a buy signal would exist.
The technical summary data is suggesting a short of DD as it gets near 72.72 with a downside target of 67.15. We should have a stop loss in place at 72.93though. 72.72 is the first level of resistance above 68.45, and by rule, any test of resistance is a short signal. In this case, if resistance 72.72 is being tested, so a short signal would exist.
Swing Trading Plans for DD
- Buy DD slightly over 70.54, target 72.72, Stop Loss @ 70.34 Details
- Short DD slightly near 70.54, target 67.89, Stop Loss @ 70.74. Details
If 70.54 begins to break higher, the technical summary data tells us to buy DD just slightly over 70.54, with an upside target of 72.72. The data also tells us to set a stop loss @ 70.34 in case the stock turns against the trade. 70.54 is the first level of resistance above 68.45, and by rule, any break above resistance is a buy signal. In this case, 70.54, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.
The technical summary data is suggesting a short of DD if it tests 70.54 with a downside target of 67.89. We should have a stop loss in place at 70.74 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 70.54, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.
Day Trading Plans for DD
- Buy DD slightly over 68.96, target 70.54, Stop Loss @ 68.8 Details
- Short DD slightly near 68.96, target 67.89, Stop Loss @ 69.12. Details
If 68.96 begins to break higher, the technical summary data tells us to buy DD just slightly over 68.96, with an upside target of 70.54. The data also tells us to set a stop loss @ 68.8 in case the stock turns against the trade. 68.96 is the first level of resistance above 68.45, and by rule, any break above resistance is a buy signal. In this case, 68.96, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.
The technical summary data is suggesting a short of DD if it tests 68.96 with a downside target of 67.89. We should have a stop loss in place at 69.12 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 68.96, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.
Real Time Updates are available on our Dupont De Nemours Inc. (DD) Page here: DD.
DD Ratings for February 17:
| Term → | Near | Mid | Long |
|---|---|---|---|
| Rating | Strong | Strong | Neutral |
| P1 | 0 | 0 | 67.15 |
| P2 | 67.19 | 67.89 | 72.72 |
| P3 | 68.96 | 70.54 | 77.73 |
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Support and Resistance Plot Chart for DD
Blue = Current Price
Red= Resistance
Green = Support
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Prudent Investment Analysis requires observations of the support and resistance levels forDupont De Nemours Inc.(NYSE: DD) too. These define prudent trading plans.
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Fundamental Charts for DD:
- DD EPS Analysis
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- DD Dividend Chart
- DD Stock chart
- DD Growth rate - Quarterly
- DD Growth rate - Yearly
- DD PE chart
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