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

June 29, 2024, 7:14 PM ET, BY William C. – Contributor | Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer-term trading plans for ARGD

• Buy ARGD just above 21.35, target 22.36, stop loss at 21.29. details

The technical summary data tells us to buy ARGD at 21.35 with an upside target of 22.36. This data also tells us to set a stop loss at 21.29 to protect ourselves from excessive losses in case the stock starts to move against the trade. 21.35 is the first support level below 22.05, and any test of support is usually a buy signal. In this case, support at 21.35 would be tested, so a buy signal would be present.

• Short ARGD just below 22.36, target 21.35, stop loss at 22.42 details

The technical summary data suggests a short of ARGD as it approaches 22.36, with a downside target of 21.35. However, we should place a stop loss at 22.42. 22.36 is the first resistance level above 22.05, and any test of resistance is usually a short signal. In this case, a short signal would be present if the 22.36 resistance is tested.

Swing Trading Plans for ARGD

• Buy ARGD just above 22.36, target 23.29, stop loss at 22.3 details

If 22.36 starts to rise, the technical summary data tells us to buy ARGD just above 22.36, with an upside target of 23.29. The data also tells us to set a stop loss at 22.3 in case the stock turns against the trade. 22.36 is the first resistance level above 22.05, and any break above resistance is usually a buy signal. In this case, 22.36, 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 ARGD close to 22.36, target 22.05, stop loss at 22.42. details

The technical summary data suggests a short of ARGD if it tests 22.36 with a downside target of 22.05. However, we should place a stop loss at 22.42 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 22.36 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 ARGD

• Buy ARGD just above 22.36, target 23.29, stop loss at 22.31 details

If 22.36 starts to rise, the technical summary data tells us to buy ARGD just above 22.36, with an upside target of 23.29. The data also tells us to set a stop loss at 22.31 in case the stock turns against the trade. 22.36 is the first resistance level above 22.05, and any break above resistance is usually a buy signal. In this case, 22.36, 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 ARGD close to 22.36, target 21.35, stop loss at 22.41. details

The technical summary data suggests a short of ARGD if it tests 22.36 with a downside target of 21.35. However, we should place a stop loss at 22.41 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 22.36 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 Argo Group International Holdings Ltd. 6.5% Senior Notes due 2042 (ARGD) available here: ARGD.

ARGD Ratings for June 29:

AI-generated signals for ARGD

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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 Argo Group International Holdings Ltd. 6.5% Senior Notes due 2042 The data table (NASDAQ:ARGD) below can help you with the price action and we also have more details. Trading plans for ARGD 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.