Dte Energy Holding $DTE Technical Update – Stock Traders Daily

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Dte Energy Holding $DTE Technical Update

The Dte Energy Holding (NYSE: DTE) 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 DTE, 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 110.58 110.10 97.55
P2 111.30 114.19 106.03
P3 112.62 118.21 114.35

Long Term Trading Plans for DTE

September 4, 2018, 7:30 am ET

The Technical Summary and Trading Plans for DTE 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 DTE Report.

DTE – (Long) Support Plan

Buy over 106.03 target 114.35 stop loss @ 105.77.
The technical summary data tells us to buy DTE near 106.03 with an upside target of 114.35. This data also tells us to set a stop loss @ 105.77 to protect against excessive loss in case the stock begins to move against the trade. 106.03 is the first level of support below 111.14 , and by rule, any test of support is a buy signal. In this case, support 106.03 is being tested, a buy signal would exist.

DTE – (Short) Resistance Plan

Short under 114.35 target 106.03 stop loss @ 114.61
The technical summary data is suggesting a short of DTE as it gets near 114.35 with a downside target of 106.03. We should have a stop loss in place at 114.61 though. 114.35 is the first level of resistance above 111.14, and by rule, any test of resistance is a short signal. In this case, if resistance 114.35 is being tested, a short signal would exist.

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