Technical Analysis

Longer Term Trading Plans for HCA

• NONE. Details

There is no current Support Plan to trigger a buy of this stock at this time. This usually means that there are no clear support levels at this time, so buying the stock as it falls could be considered catching a falling knife. Buy signals only exist if resistance breaks higher.
This often is a signal that the stock you are watching is weak. Waiting for a turn higher may be more intelligent than trying to catch a falling knife. In any case, new support levels are usually revised to the database at the beginning of the next trading session.

• Short HCA slightly under 388.21, target n/a, stop loss @ 389.33 Details

The technical summary data is suggesting a short of HCA as it gets near 388.21, but the downside target is not available from the current data. This tells us to hold that position if it is triggered until a new downside target has been established (updates occur at the beginning of every trading session) or until the position has been stopped. The summary data tells us to have a stop loss in place at 389.33. 388.21 is the first level of resistance above 371.18, and by rule, any test of resistance is a short signal. In this case, if resistance 388.21 is being tested, so a short signal would exist.

Swing Trading Plans for HCA

• Buy HCA slightly over 388.21, target 401.39, Stop Loss @ 387.09 Details

If 388.21 begins to break higher, the technical summary data tells us to buy HCA just over 388.21, with an upside target of 401.39. The data also tells us to set a stop loss @ 387.09 in case the stock turns against the trade. 388.21 is the first level of resistance above 371.18, and by rule, any break above resistance is a buy signal. In this case, 388.21, 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.

• Short HCA slightly near 388.21, target 367.6, Stop Loss @ 389.33. Details

The technical summary data is suggesting a short of HCA if it tests 388.21 with a downside target of 367.6. We should have a stop loss in place at 389.33 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, 388.21, 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 HCA

• Buy HCA slightly over 385.78, target 388.21, Stop Loss @ 384.88 Details

If 385.78 begins to break higher, the technical summary data tells us to buy HCA just over 385.78, with an upside target of 388.21. The data also tells us to set a stop loss @ 384.88 in case the stock turns against the trade. 385.78 is the first level of resistance above 371.18, and by rule, any break above resistance is a buy signal. In this case, 385.78, 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.

• Short HCA slightly near 385.78, target 367.6, Stop Loss @ 386.68. Details

The technical summary data is suggesting a short of HCA if it tests 385.78 with a downside target of 367.6. We should have a stop loss in place at 386.68 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, 385.78, 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.

HCA Technical Summary | Raw Data for the Trading Plans