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(SCL) Technical Pivots with Risk Controls
Warning:
The trading plans were valid at the time this was published, but the support and resistance levels for SCL change as time passes, and this should be updated in real time. Access those real time updates for this and 1000 other stocks here. Unlimited Real Time Reports
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Instructions:
Use the basic rules of Technical Analysis. Here are some examples: if SCL is testing support the signal is to buy and target resistance. On the other hand, if resistance is tested, that is a sign to short, and target support. No matter which side the trade is, long or short, the trigger point is both a place to enter and as a risk control.
Swing Trades, Day Trades, and Longer term Trading Plans:
This data can be used to define Day Trading, Swing Trading, and Long Term Investing plans for SCL too. All of these are offered here: Access our Real Time Trading Plans
Longer Term Trading Plans for SCL
- Buy SCL slightly over 75.22 target 84.74 stop loss @ 75
- Short SCL slightly under 84.74, target 75.22, stop loss @ 84.98
Swing Trading Plans for SCL
- Buy SCL slightly over 84.48, target 84.74, Stop Loss @ 84.24
- Short SCL slightly near 84.48, target 80.91, Stop Loss @ 84.72.
Day Trading Plans for SCL
- Buy SCL slightly over 84.48, target 84.74, Stop Loss @ 84.28
- Short SCL slightly near 84.48, target 80.91, Stop Loss @ 84.68.
SCL Technical Summary | Raw Data for the Trading Plans
Term → | Near | Mid | Long |
---|---|---|---|
Bias | Strong | Weak | Neutral |
P1 | 0 | 0 | 75.22 |
P2 | 84.97 | 80.91 | 84.74 |
P3 | 86.13 | 84.48 | 93.91 |
COMTEX_451348075/2570/2024-04-24T12:01:26