Stock Traders Daily

(VMI) Technical Pivots with Risk Controls

Stock Traders Daily
Publish date:
HOW TO TRADE THE MARKET

We have been offering proactive trading strategies to our clients through the internet since January 2, 2000, arguably longer than any other firm on the web today. We have withstood the Internet Debacle, the Great Recession, and we are prepared for what lies ahead too.

Find out why our strategies are changing the way people manage their wealth.

Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This report optimizes trading in Valmont Industries Inc. (NYSE: VMI) with integrated risk controls.

Warning:

The trading plans were valid at the time this was published, but the support and resistance levels for VMI 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

Protection from Market Crashes: Subscribers also get our Tail Risk hedge, Evitar Corte

Instructions:

Use the basic rules of Technical Analysis. Here are some examples: if VMI 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 VMI too. All of these are offered here: Access our Real Time Trading Plans

Longer Term Trading Plans for VMI
  • Buy VMI near 331.64 target n/a stop loss @ 330.68.
  • NONE .
Swing Trading Plans for VMI
  • Buy VMI slightly over 344.86, target 361.47, Stop Loss @ 343.86
  • Short VMI slightly near 344.86, target 331.64, Stop Loss @ 345.86.
Day Trading Plans for VMI
  • Buy VMI slightly over 339.71, target 344.86, Stop Loss @ 338.92
  • Short VMI slightly near 339.71, target 331.64, Stop Loss @ 340.5.

VMI Technical Summary | Raw Data for the Trading Plans

Term →Near Mid Long
Bias Neutral Strong Strong
P1 0 0 282.39
P2 339.71 344.86 306.58
P3 347.22 361.47 331.64

VMI Long Term Analysis for November 15 2024

Discussions
Be the first to like this. Showing 0 of 0 comments

Post a Comment