$LAD | ($LAD) Long Term Investment Analysis (LAD)

By Thomas Kee

$LAD | ($LAD) Long Term Investment Analysis (LAD)

The technical summary data tells us to buy LAD near 366.44, but there is no current upside target from the summary table. In this case we should wait until either an update to the summary table has been made (which usually happens at the beginning of every trading day), or until the position has been stopped. The data does tell us to set a stop loss 365.38 to protect against excessive loss in case the stock begins to move against the trade. 366.44 is the first level of support below 380.57, and by rule, any test of support is a buy signal. In this case, if support 366.44 is being tested, a buy signal would exist.

NONE .

There are no current resistance levels from the summary table, and therefore there are no Short resistance Plans which tell us to short upon tests of resistance. Resistance levels have broken higher and unless the stock reverses lower and below support levels again short positions look risky.

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