Idexx Laboratories $IDXX Technical Update
The Idexx Laboratories (NASDAQ: IDXX) 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 IDXX, 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:
Long Term Trading Plans for IDXX
September 6, 2018, 3:00 am ET
The Technical Summary and Trading Plans for IDXX 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 IDXX Report.
IDXX – (Long) Support Plan
Buy over 232.06 target 249.26 stop loss @ 231.8.
The technical summary data tells us to buy IDXX near 232.06 with an upside target of 249.26. This data also tells us to set a stop loss @ 231.8 to protect against excessive loss in case the stock begins to move against the trade. 232.06 is the first level of support below 246.035 , and by rule, any test of support is a buy signal. In this case, support 232.06 would be being tested, so a buy signal would exist.
IDXX – (Short) Resistance Plan
Short under 249.26 target 232.06 stop loss @ 249.52.
The technical summary data is suggesting a short of IDXX as it gets near 249.26 with a downside target of 232.06. We should have a stop loss in place at 249.52 though. 249.26 is the first level of resistance above 246.035, and by rule, any test of resistance is a short signal. In this case, if resistance 249.26 is being tested, so a short signal would exist.
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