Haemonetics $HAE Technical Update – Stock Traders Daily

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Haemonetics $HAE Technical Update

The Haemonetics (NYSE: HAE) 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 HAE, 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 Strong Strong
P1 109.93 107.05 101.51
P2 112.74 111.92 108.70
P3 114.31 117.22 116.05

Long Term Trading Plans for HAE

September 16, 2018, 11:30 am ET

The Technical Summary and Trading Plans for HAE 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 HAE Report.

HAE – (Long) Support Plan

Buy over 108.70 target 116.05 stop loss @ 108.44.
The technical summary data tells us to buy HAE near 108.70 with an upside target of 116.05. This data also tells us to set a stop loss @ 108.44 to protect against excessive loss in case the stock begins to move against the trade. 108.70 is the first level of support below 114.46 , and by rule, any test of support is a buy signal. In this case, support 108.70 is being tested, a buy signal would exist.

HAE – (Short) Resistance Plan

Short under 116.05 target 108.70 stop loss @ 116.31
The technical summary data is suggesting a short of HAE as it gets near 116.05 with a downside target of 108.70. We should have a stop loss in place at 116.31 though. 116.05 is the first level of resistance above 114.46, and by rule, any test of resistance is a short signal. In this case, if resistance 116.05 is being tested, a short signal would exist.

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