The technical summary data tells us to buy LOMA near 11.02 with an upside target of 12.92. This data also tells us to set a stop loss @ 10.99 to protect against excessive loss in case the stock begins to move against the trade. 11.02 is the first level of support below 11.15 , and by rule, any test of support is a buy signal. In this case, support 11.02 would be being tested, so a buy signal would exist.
The technical summary data is suggesting a short of LOMA as it gets near 12.92 with a downside target of 11.02. We should have a stop loss in place at 12.96though. 12.92 is the first level of resistance above 11.15, and by rule, any test of resistance is a short signal. In this case, if resistance 12.92 is being tested, so a short signal would exist.
Swing Trading Plans for LOMA
If 11.54 begins to break higher, the technical summary data tells us to buy LOMA just slightly over 11.54, with an upside target of 12.92. The data also tells us to set a stop loss @ 11.51 in case the stock turns against the trade. 11.54 is the first level of resistance above 11.15, and by rule, any break above resistance is a buy signal. In this case, 11.54, 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 LOMA if it tests 11.54 with a downside target of 11.02. We should have a stop loss in place at 11.57 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, 11.54, 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 LOMA
If 11.65 begins to break higher, the technical summary data tells us to buy LOMA just slightly over 11.65, with an upside target of 12.92. The data also tells us to set a stop loss @ 11.62 in case the stock turns against the trade. 11.65 is the first level of resistance above 11.15, and by rule, any break above resistance is a buy signal. In this case, 11.65, 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 LOMA if it tests 11.65 with a downside target of 11.04. We should have a stop loss in place at 11.68 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, 11.65, 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.
Check the time stamp on this data. Updated AI-Generated Signals for Loma Negra Compania Industrial Argentina Sociedad Anonima Ads (LOMA) available here: LOMA.
Real Time Updates for Repeat Institutional Readers:
From then on you can just click to get the real time update whenever you want.
GET REAL TIME UPDATES
This report provides trading strategies for Loma Negra Compania Industrial Argentina Sociedad Anonima Ads (NASDAQ: LOMA) while incorporating risk controls.
Warning:
This is a static report, the data below was valid at the time of the publication, but support and resistance levels for LOMA change over time, so the report should be updated regularly. Real Time updates are provided to subscribers. Unlimited Real Time Reports.
Read more on Stock Traders Daily
