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

July 14, 2024, 12:44 AM ET, BY Chris – Contributor | Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer-term trading plans for QRTEP

• NONE. details

Currently, there is no support plan that would trigger a purchase of this stock. This usually means that there are currently no clear support levels, so buying the stock when the price is falling could be considered catching a falling knife. Buy signals only occur when resistance breaks to the upside.
This is often a signal that the stock you are watching is weak. Waiting for an uptrend may be wiser than trying to catch a falling knife. New support levels are usually added to the database at the start of the next trading session.

• Short QRTEP just below 41.62, target nz, stop loss at 41.74 details

The technical summary data suggests a short of QRTEP as it approaches 41.62, but the downside target is not available from the current data. This tells us to hold this position if it is triggered until a new downside target is set (updates occur at the start of each trading session) or until the position is stopped. The summary data tells us to set a stop loss at 41.74. 41.62 is the first resistance level above 41.13, and by rule, any test of resistance is a short signal. In this case, a short signal would be present when the 41.62 resistance is tested.

Swing Trading Plans for QRTEP

• Buy QRTEP just above 41.31, target 41.62, stop loss at 41.19. details

If 41.31 starts to rise, the technical summary data tells us to buy QRTEP just above 41.31, with an upside target of 41.62. The data also tells us to set a stop loss at 41.19 in case the stock turns against the trade. 41.31 is the first resistance level above 41.13, and any break above resistance is usually a buy signal. In this case, 41.31, 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 QRTEP just near 41.31, target 39.01, stop loss at 41.43. details

The technical summary data suggests a short of QRTEP if it tests 41.31 with a downside target of 39.01. However, we should place a stop loss at 41.43 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 41.31 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 QRTEP

• Buy QRTEP just above 41.31, target 41.62, stop loss at 41.21. details

If 41.31 starts to rise, the technical summary data tells us to buy QRTEP just above 41.31, with an upside target of 41.62. The data also tells us to set a stop loss at 41.21 in case the stock turns against the trade. 41.31 is the first resistance level above 41.13, and any break above resistance is usually a buy signal. In this case, 41.31, 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 QRTEP just near 41.31, target 40.95, stop loss at 41.41. details

The technical summary data suggests a short of QRTEP if it tests 41.31 with a downside target of 40.95. However, we should place a stop loss at 41.41 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 41.31 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 Qurate Retail Inc. 8.0% Fixed Rate Cumulative Redeemable Preferred Stock (QRTEP) available here: QRTEP.

QRTEP Ratings for July 14:

AI-generated signals for QRTEP

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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 Qurate Retail Inc. 8.0% Fixed Rate Cumulative Redeemable Preferred Stock The data table (NASDAQ:QRTEP) below can help you with the price trend and we also have more details. Trading plans for QRTEP are also displayed here; these plans are updated in real-time for subscribers for whom this report is static. If you want an update or report on any other stock, you can get Unlimited Real-Time Reports here.