International Speedway $ISCA Technical Update – Stock Traders Daily

This post was originally published on this site

International Speedway $ISCA Technical Update

The International Speedway (NASDAQ: ISCA) 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 ISCA, 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 43.80 42.18 40.52
P2 44.19 43.99 44.32
P3 44.63 46.33 48.43

Long Term Trading Plans for ISCA

September 6, 2018, 6:15 am ET

The Technical Summary and Trading Plans for ISCA 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 ISCA Report.

ISCA – (Long) Support Plan

Buy over 40.52 target 44.32 stop loss @ 40.26.
The technical summary data tells us to buy ISCA near 40.52 with an upside target of 44.32. This data also tells us to set a stop loss @ 40.26 to protect against excessive loss in case the stock begins to move against the trade. 40.52 is the first level of support below 44.05 , and by rule, any test of support is a buy signal. In this case, support 40.52 would be being tested, so a buy signal would exist.

ISCA – (Short) Resistance Plan

Short under 44.32 target 40.52 stop loss @ 44.58.
The technical summary data is suggesting a short of ISCA as it gets near 44.32 with a downside target of 40.52. We should have a stop loss in place at 44.58 though. 44.32 is the first level of resistance above 44.05, and by rule, any test of resistance is a short signal. In this case, if resistance 44.32 is being tested, so a short signal would exist.

This post was originally published on *this site*