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Lasque Tiarc

(GLDD) Trade Report

Vaseline 2 months ago

Longer term trading plans for GLDD

  • Buy GLDD just over 7.26, target 8.31 stop loss @ 7.24 Details
  • The technical summary data tells us to buy GLDD around 7.26 with an upside target of 8.31. This data also tells us to set a stop loss @ 7.24 to protect against excessive loss in case the stock starts moving against the trade. 7.26 is the first support level below 7.45, and as a rule any test of support is a buy signal. In this case, support 7.26 would be tested, so there would be a buy signal.

  • Short GLDD just under 8.31, target 7.26, stop loss @ 8.33 Details
  • The technical summary data suggests a shortfall in GLDD as it nears 8.31 with a downside target of 7.26. However, we should have a stop loss at 8:33. 8.31 is the first resistance level above 7.45, and as a rule any resistance test is a short signal. In this case, if resistance 8.31 is tested, a short signal would exist.

Swing trading plans for GLDD

  • Buy GLDD just above 8.31, target 9.4, Stop Loss @ 8.29 Details
  • If 8.31 starts to move higher, the technical summary data tells us to buy GLDD just above 8.31, with an upside target of 9.4. The data also tells us to set a stop loss at 8.29 in case the stock turns against the trade. 8.31 is the first resistance level above 7.45, and as a rule, any break above resistance is a buy signal. In this case, 8.31, the initial resistance, would break higher, creating a buy signal. Because this plan is based on breaking through resistance, it is called a Long Resistance Plan.

  • Short GLDD something near 8.31, target 7.39, Stop Loss @ 8.33. Details
  • The technical summary data suggests a shortfall on GLDD as it tests 8.31 with a downside target of 7.39. However, we should have a stop loss at 8.33 in case the stock starts moving against the trade. As a rule, each resistance test is a short signal. In this case, if resistance, 8.31, is tested, a short signal would occur. Because this plan is a short plan based on a resistance test, it is called a Short Resistance Plan.

Day trading plans for GLDD

  • Buy GLDD just above 8.31, target 9.4, Stop Loss @ 8.29 Details
  • If 8.31 starts to move higher, the technical summary data tells us to buy GLDD just above 8.31, with an upside target of 9.4. The data also tells us to set a stop loss at 8.29 in case the stock turns against the trade. 8.31 is the first resistance level above 7.45, and as a rule, any break above resistance is a buy signal. In this case, 8.31, the initial resistance, would break higher, creating a buy signal. Because this plan is based on breaking through resistance, it is called a Long Resistance Plan.

  • Short GLDD something near 8.31, target 7.39, Stop Loss @ 8.33. Details
  • The technical summary data suggests a shortfall on GLDD as it tests 8.31 with a downside target of 7.39. However, we should have a stop loss at 8.33 in case the stock starts moving against the trade. As a rule, each resistance test is a short signal. In this case, if resistance, 8.31, is tested, a short signal would occur. Because this plan is a short plan based on a resistance test, it is called a Short Resistance Plan.

Real-time updates are available on our Great Lakes Dredge & Dock Corporation (GLDD) Page here: GLDD.

GLDD ratings for April 21:







Term → Near Middle
Long
Judgement Weak Weak Strong
P1 0 0 7.26
P2 7.34 7.17 8.31
P3 0 7.39 9.4
Support and resistance chart for GLDD

GLDD long-term analysis for April 21, 2024

Blue = Current price
Red= Resistance
Green = Support

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This report was produced using AI developed by Stock Traders Daily. Over the past twenty years, this proprietary AI has been refined to help identify the most appropriate trading strategies for both individual stocks and the stock markets themselves. This methodology is also applied to index options, ETFs and futures. The purpose of this specific report is to optimize trading Great Lakes Dredge & Dock Corporation (NASDAQ: GLDD), while incorporating prudent risk controls.

Warning:

This is a static report. The data below was valid at the time of publication, but the support and resistance levels for GLDD change over time, so the report should be updated regularly. Real-time updates are provided to subscribers. Unlimited real-time reports.

Subscribers also receive market analysis, stock correlation tools, macroeconomic observations, timing tools, and market crash protection using Evitar Corte.

Instructions:

The rules that apply to the data in this report are the rules of technical analysis. For example, if GLDD is testing support, buy signals emerge and resistance is the target. Conversely, if resistance is tested, it is a sign that risk is under control or a short position exists, and support would be the downside target accordingly. In any case, the trigger point is designed to be both an ideal place to enter a position (to avoid trading in the middle of a trading channel), but also acts as a level of risk control.

Swing trades, day trades and longer term trading plans:

This data has been refined to distinguish Day Trading, Swing Trading and Long Term Investing plans for GLDD as well. These are all offered below the overview table.

Fundamental charts for GLDD: