Itt Inc $ITT Technical Update – Stock Traders Daily

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Itt Inc $ITT Technical Update

The Itt Inc (NYSE: ITT) 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 ITT, 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 Neutral Neutral
P1 58.15 56.21 49.64
P2 58.97 60.94 56.14
P3 59.69 65.81 62.49

Long Term Trading Plans for ITT

September 6, 2018, 7:15 am ET

The Technical Summary and Trading Plans for ITT 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 ITT Report.

ITT – (Long) Support Plan

Buy over 56.14 target 62.49 stop loss @ 55.88.
The technical summary data tells us to buy ITT near 56.14 with an upside target of 62.49. This data also tells us to set a stop loss @ 55.88 to protect against excessive loss in case the stock begins to move against the trade. 56.14 is the first level of support below 59 , and by rule, any test of support is a buy signal. In this case, support 56.14 is being tested, a buy signal would exist.

ITT – (Short) Resistance Plan

Short under 62.49 target 56.14 stop loss @ 62.75
The technical summary data is suggesting a short of ITT as it gets near 62.49 with a downside target of 56.14. We should have a stop loss in place at 62.75 though. 62.49 is the first level of resistance above 59, and by rule, any test of resistance is a short signal. In this case, if resistance 62.49 is being tested, a short signal would exist.

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