Kelly Services $KELYA Technical Update – Stock Traders Daily

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Kelly Services $KELYA Technical Update

The Kelly Services (NASDAQ: KELYA) 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 KELYA, 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 24.90 24.17 18.74
P2 25.43 25.37 23.24
P3 0 26.64 27.78

Long Term Trading Plans for KELYA

September 6, 2018, 1:30 pm ET

The Technical Summary and Trading Plans for KELYA 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 KELYA Report.

KELYA – (Long) Support Plan

Buy over 23.24 target 27.78 stop loss @ 22.98.
The technical summary data tells us to buy KELYA near 23.24 with an upside target of 27.78. This data also tells us to set a stop loss @ 22.98 to protect against excessive loss in case the stock begins to move against the trade. 23.24 is the first level of support below 25.49 , and by rule, any test of support is a buy signal. In this case, support 23.24 is being tested, a buy signal would exist.

KELYA – (Short) Resistance Plan

Short under 27.78 target 23.24 stop loss @ 28.04
The technical summary data is suggesting a short of KELYA as it gets near 27.78 with a downside target of 23.24. We should have a stop loss in place at 28.04 though. 27.78 is the first level of resistance above 25.49, and by rule, any test of resistance is a short signal. In this case, if resistance 27.78 is being tested, a short signal would exist.

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