First Cash Financial Svcs $FCFS Technical Update – Stock Traders Daily

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First Cash Financial Svcs $FCFS Technical Update

The First Cash Financial Svcs (NASDAQ: FCFS) 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 FCFS, 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 Weak Weak Neutral
P1 79.91 72.61 80.03
P2 80.83 79.55 92.16
P3 81.98 86.40 104.29

Long Term Trading Plans for FCFS

September 4, 2018, 11:30 pm ET

The Technical Summary and Trading Plans for FCFS 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 FCFS Report.

FCFS – (Long) Support Plan

Buy over 80.03 target 92.16 stop loss @ 79.77.
The technical summary data tells us to buy FCFS near 80.03 with an upside target of 92.16. This data also tells us to set a stop loss @ 79.77 to protect against excessive loss in case the stock begins to move against the trade. 80.03 is the first level of support below 80.6 , and by rule, any test of support is a buy signal. In this case, support 80.03 would be being tested, so a buy signal would exist.

FCFS – (Short) Resistance Plan

Short under 92.16 target 80.03 stop loss @ 92.42.
The technical summary data is suggesting a short of FCFS as it gets near 92.16 with a downside target of 80.03. We should have a stop loss in place at 92.42 though. 92.16 is the first level of resistance above 80.6, and by rule, any test of resistance is a short signal. In this case, if resistance 92.16 is being tested, so a short signal would exist.

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