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

June 29, 2024, 12:00 AM ET, BY Bill – Contributor | Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer-term trading plans for KLIC

• Buy KLIC just above 46.32, target 51.12, stop loss at 46.19. details

The technical summary data tells us to buy KLIC at 46.32 with an upside target of 51.12. This data also tells us to set a stop loss at 46.19 to protect ourselves from excessive losses in case the stock starts to move against the trade. 46.32 is the first support level below 49.19 and any test of the support level is usually a buy signal. In this case, the support at 46.32 is tested, a buy signal would be present.

• Short KLIC just below 51.12, target 46.32, stop loss at 51.27 details

The technical summary data suggests a short of KLIC as it approaches 51.12, with a downside target of 46.32. However, we should place a stop loss at 51.27. 51.12 is the first resistance level above 49.19, and any test of resistance is usually a short signal. In this case, a short signal would be present if the 51.12 resistance is tested.

Swing Trading Plans for KLIC

• Buy KLIC just above 51.12, target nz, stop loss at 50.97 details

If 51.12 starts to rise, the technical summary data tells us to buy KLIC just above 51.12, with an upside target of $n/a. The data also tells us to set a stop loss at 50.97 in case the stock turns against the trade. 51.12 is the first resistance level above 49.19, and any break above resistance is usually a buy signal. In this case, 51.12, the initial resistance, would move higher, 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 KLIC just near 51.12, target 48.15, stop loss at 51.27. details

The technical summary data suggests a short of KLIC if it tests 51.12 with a downside target of 48.15. However, we should place a stop loss at 51.27 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 51.12 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 KLIC

• Buy KLIC just above 51.12, target na, stop loss at 51 details

If 51.12 starts to rise, the technical summary data tells us to buy KLIC just above 51.12, with an upside target of $n/a. The data also tells us to set a stop loss at 51 in case the stock turns against the trade. 51.12 is the first resistance level above 49.19, and any break above resistance is usually a buy signal. In this case, 51.12, the initial resistance, would move higher, 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 KLIC just near 51.12, target 48.15, stop loss at 51.24. details

The technical summary data suggests a short of KLIC if it tests 51.12 with a downside target of 48.15. However, we should place a stop loss at 51.24 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 51.12 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 Kulicke and Soffa Industries Inc. (KLIC) available here: CLICK.

KLIC Ratings for June 29:

AI-generated signals for KLIC

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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 Kulicke and Soffa Industries Inc. The data table (NASDAQ:KLIC) below can help you with the price action and we also have more details. Trading plans for KLIC 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.