Digital Realty Trust $DLR Technical Update – Stock Traders Daily

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Digital Realty Trust $DLR Technical Update

The Digital Realty Trust (NYSE: DLR) update and the technical summary table below can help you manage risk and optimize returns. We have day, swing, and longer-term trading plans for DLR, and 1300 other stocks too, updated in real time for our trial subscribers. The data below is a snapshot, but updates are available now.

Review the Trading Plans:

Technical Summary

Term → Near Mid Long
Bias Neutral Neutral Neutral
P1 123.20 122.11 104.62
P2 124.15 126.10 116.53
P3 124.85 130.33 128.14

Long Term Trading Plans for DLR

September 4, 2018, 4:30 am ET

The Technical Summary and Trading Plans for DLR help you determine where to buy, sell, and set risk controls. The data is best used in conjunction with our Market Analysis and Stock Correlation Filters too, because those help us go with the flow of the market as well. Going with the flow is extremely important, so review our Market Analysis with this DLR Report.

DLR – (Long) Support Plan

Buy over 116.53 target 128.14 stop loss @ 116.27.
The technical summary data tells us to buy DLR near 116.53 with an upside target of 128.14. This data also tells us to set a stop loss @ 116.27 to protect against excessive loss in case the stock begins to move against the trade. 116.53 is the first level of support below 124.28 , and by rule, any test of support is a buy signal. In this case, support 116.53 is being tested, a buy signal would exist.

DLR – (Short) Resistance Plan

Short under 128.14 target 116.53 stop loss @ 128.4
The technical summary data is suggesting a short of DLR as it gets near 128.14 with a downside target of 116.53. We should have a stop loss in place at 128.4 though. 128.14 is the first level of resistance above 124.28, and by rule, any test of resistance is a short signal. In this case, if resistance 128.14 is being tested, a short signal would exist.

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