How we can use the (LSPD) price action to our advantage

June 23, 2024, 1:10 AM ET, BY Rick O. – Contributor | Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer-term trading plans for LSPD

• Buy LSPD just above 12.04, target 14.44, stop loss at 12.01 details

The technical summary data tells us to buy LSPD at 12.04 with an upside target of 14.44. This data also tells us to set a stop loss at 12.01 to protect ourselves from excessive losses in case the stock starts moving against the trade. 12.04 is the first level of support below 13.72 and according to the rule, any test of support is a buy signal. In this case, the support at 12.04 would be tested, so a buy signal would be present.

• Short LSPD just below 14.44, target 12.04, stop loss at 14.48 details

The technical summary data suggests a short of LSPD as it approaches 14.44, with a downside target of 12.04. However, we should place a stop loss at 14.48. 14.44 is the first resistance level above 13.72, and any test of resistance is usually a short signal. In this case, a short signal would be present if the 14.44 resistance is tested.

Swing Trading Plans for LSPD

• Buy LSPD just above 14.21, target 14.44, stop loss at 14.17 details

If 14.21 starts to rise, the technical summary data tells us to buy LSPD just above 14.21, with an upside target of 14.44. The data also tells us to set a stop loss at 14.17 in case the stock turns against the trade. 14.21 is the first resistance level above 13.72, and any break above resistance is usually a buy signal. In this case, 14.21, the initial resistance, would rise to the upside, so a buy signal would be present. Since this plan is based on a break of resistance, it is called a Long Resistance Plan.

• Short LSPD just near 14.21, target 13.29, stop loss at 14.25. details

The technical summary data suggests a short of LSPD if it tests 14.21 with a downside target of 13.29. However, we should place a stop loss at 14.25 in case the stock starts moving against the trade. Any test of resistance is basically a short signal. In this case, a short signal would be present if the resistance 14.21 is tested. Since this plan is a short plan based on a test of resistance, it is called a short resistance plan.

Day trading plans for LSPD

• Buy LSPD just above 14.21, target 14.44, stop loss at 14.18 details

If 14.21 starts to rise, the technical summary data tells us to buy LSPD just above 14.21, with an upside target of 14.44. The data also tells us to set a stop loss at 14.18 in case the stock turns against the trade. 14.21 is the first resistance level above 13.72, and any break above resistance is usually a buy signal. In this case, 14.21, the initial resistance, would rise to the upside, so a buy signal would be present. Since this plan is based on a break of resistance, it is called a Long Resistance Plan.

• Short LSPD just near 14.21, target 13.41, stop loss at 14.24. details

The technical summary data suggests a short of LSPD if it tests 14.21 with a downside target of 13.41. However, we should place a stop loss at 14.24 in case the stock starts moving against the trade. Any test of resistance is usually a short signal. In this case, a short signal would be present if the resistance 14.21 is tested. Since this plan is a short plan based on a test of resistance, it is called a short resistance plan.

Check the timestamp of this data. Updated AI-generated signals for Lightspeed Commerce Inc. Subordinate (LSPD) available here: LSPD.

LSPD ratings for June 23:

AI-generated signals for LSPD

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Our task as #Investors is to pay attention to the #stocks we own. Part of that is looking at the #fundamentals, but half of the disclosure comes from looking at price action. The Lightspeed Commerce Inc. Subordinate The data table (NASDAQ:LSPD) below can help you with the price action and we also have more details. Trading plans for LSPD are also displayed here; these plans are updated in real-time for subscribers, this report is static. If you want an update or report on another stock, you can get it here: Unlimited Real-Time Reports.