L3 Technologies Inc $LLL Technical Update – Stock Traders Daily

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L3 Technologies Inc $LLL Technical Update

The L3 Technologies Inc (NYSE: LLL) 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 LLL, 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 209.39 206.23 186.74
P2 211.55 215.03 203.55
P3 213.42 223.82 220.19

Long Term Trading Plans for LLL

September 6, 2018, 8:30 pm ET

The Technical Summary and Trading Plans for LLL 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 LLL Report.

LLL – (Long) Support Plan

Buy over 203.55 target 220.19 stop loss @ 203.29.
The technical summary data tells us to buy LLL near 203.55 with an upside target of 220.19. This data also tells us to set a stop loss @ 203.29 to protect against excessive loss in case the stock begins to move against the trade. 203.55 is the first level of support below 211.6 , and by rule, any test of support is a buy signal. In this case, support 203.55 is being tested, a buy signal would exist.

LLL – (Short) Resistance Plan

Short under 220.19 target 203.55 stop loss @ 220.45
The technical summary data is suggesting a short of LLL as it gets near 220.19 with a downside target of 203.55. We should have a stop loss in place at 220.45 though. 220.19 is the first level of resistance above 211.6, and by rule, any test of resistance is a short signal. In this case, if resistance 220.19 is being tested, a short signal would exist.

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