When Kforce (KFRC) Moves Investors should Listen – Stock Traders Daily

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Source: Stock Traders Daily

Longer Term Trading Plans for KFRC
  • Buy KFRC over 61.25 target 65.99 stop loss @ 61.07 Details
  • The technical summary data tells us to buy KFRC near 61.25 with an upside target of 65.99. This data also tells us to set a stop loss @ 61.07 to protect against excessive loss in case the stock begins to move against the trade. 61.25 is the first level of support below 64.76 , and by rule, any test of support is a buy signal. In this case, support 61.25 would be being tested, so a buy signal would exist.

  • Short KFRC under 65.99, target 61.25, stop loss @ 66.18 Details
  • The technical summary data is suggesting a short of KFRC as it gets near 65.99 with a downside target of 61.25. We should have a stop loss in place at 66.18though. 65.99 is the first level of resistance above 64.76, and by rule, any test of resistance is a short signal. In this case, if resistance 65.99 is being tested, so a short signal would exist.

Swing Trading Plans for KFRC
  • Buy KFRC over 64.85, target 65.99, Stop Loss @ 64.66 Details
  • If 64.85 begins to break higher, the technical summary data tells us to buy KFRC just over 64.85, with an upside target of 65.99. The data also tells us to set a stop loss @ 64.66 in case the stock turns against the trade. 64.85 is the first level of resistance above 64.76, and by rule, any break above resistance is a buy signal. In this case, 64.85, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

  • Short KFRC near 64.85, target 63.01, Stop Loss @ 65.04. Details
  • The technical summary data is suggesting a short of KFRC if it tests 64.85 with a downside target of 63.01. We should have a stop loss in place at 65.04 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 64.85, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Day Trading Plans for KFRC
  • Buy KFRC over 64.88, target 65.99, Stop Loss @ 64.73 Details
  • If 64.88 begins to break higher, the technical summary data tells us to buy KFRC just over 64.88, with an upside target of 65.99. The data also tells us to set a stop loss @ 64.73 in case the stock turns against the trade. 64.88 is the first level of resistance above 64.76, and by rule, any break above resistance is a buy signal. In this case, 64.88, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

  • Short KFRC near 64.88, target 63.68, Stop Loss @ 65.03. Details
  • The technical summary data is suggesting a short of KFRC if it tests 64.88 with a downside target of 63.68. We should have a stop loss in place at 65.03 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 64.88, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

KFRC Technical Summary | Raw Data for the Trading Plans

Term → Near Mid Long
Bias Strong Strong Strong
P1 0 0 61.25
P2 63.68 63.01 65.99
P3 64.88 64.85 70.78

How do we know what is going on #behindthescenes of a company?  According to Stock Traders Daily, a 20-year #financialindustry innovator, the best way to do this to to watch the price action in the stock. The  Kforce (NASDAQ: KFRC) report below is a real world example. Included are trading plans for KFRC, but this report is static. If you want an update, or a different stock, please get one here Unlimited Real Time Reports

Graph of Evitar Corte vs S&P 500

Fundamental Charts for KFRC

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