Blog

June 30, 2024, 10:28 a.m. ET, BY Bill – Contributor | Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer-term trading plans for CCNE

• Buy CCNE just above 20.33, target 22.14, stop loss at 20.27 details

The technical summary data tells us to buy CCNE at 20.33 with an upside target of 22.14. This data also tells us to set a stop loss at 20.27 to protect ourselves from excessive losses in case the stock starts moving against the trade. 20.33 is the first support level below 20.41 and any test of support is usually a buy signal. In this case, the support at 20.33 is tested, a buy signal would be present.

• Short CCNE just below 22.14, target 20.33, stop loss at 22.2 details

The technical summary data suggests a short of CCNE as it approaches 22.14, with a downside target of 20.33. However, we should place a stop loss at 22.2. 22.14 is the first resistance level above 20.41, and any test of resistance is usually a short signal. In this case, a short signal would be present if the 22.14 resistance is tested.

Swing Trading Plans for CCNE

• Buy CCNE just above 22.14, target nz, stop loss at 22.08 details

If 22.14 starts to rise, the technical summary data tells us to buy CCNE just above 22.14, with an upside target of $n/a. The data also tells us to set a stop loss at 22.08 in case the stock turns against the trade. 22.14 is the first resistance level above 20.41, and any break above resistance is usually a buy signal. In this case, 22.14, the initial resistance, would move higher, so a buy signal would be present. Since this plan is based on a break of resistance, it is called a Long Resistance Plan.

• Short CCNE close to 22.14, target 20.33, stop loss at 22.2. details

The technical summary data suggests a short of CCNE if it tests 22.14 with a downside target of 20.33. However, we should set a stop loss at 22.2 in case the stock starts moving against the trade. Any test of resistance is basically a short signal. In this case, a short signal would be present if the resistance 22.14 is tested. Since this plan is a short plan based on a test of resistance, it is called a short resistance plan.

Day trading plans for CCNE

• Buy CCNE just above 22.14, target nz, stop loss at 22.09 details

If 22.14 starts to rise, the technical summary data tells us to buy CCNE just above 22.14, with an upside target of $n/a. The data also tells us to set a stop loss at 22.09 in case the stock turns against the trade. 22.14 is the first resistance level above 20.41, and any break above resistance is usually a buy signal. In this case, 22.14, the initial resistance, would move higher, so a buy signal would be present. Since this plan is based on a break of resistance, it is called a Long Resistance Plan.

• Short CCNE close to 22.14, target 20.33, stop loss at 22.19. details

The technical summary data suggests a short of CCNE if it tests 22.14 with a downside target of 20.33. However, we should place a stop loss at 22.19 in case the stock starts moving against the trade. Any test of resistance is basically a short signal. In this case, a short signal would be present if the resistance 22.14 is tested. Since this plan is a short plan based on a test of resistance, it is called a short resistance plan.

Check the timestamp of this data. Updated AI-generated signals for Cnb Financial Company (CCNE) available here: ^ “CCNE – April 10, 2018”.

CCNE Assessments for June 30:

AI-generated signals for CCNE

Real-time updates for institutional readers who read regularly:

Instructions:

• Click the “Get real-time updates” button below.

• At the login prompt, select “Forgot username?”

• Enter the email address you use for Factset

• Log in with the username/password you received.

• You have access to real-time updates 24/7.

From then on, you can get the real-time update at any time with a single click.

GET REAL-TIME UPDATES

This report was created using an AI developed by Stock Traders Daily. Over the last 20 years, this proprietary AI has been refined to identify the most favorable trading strategies for both individual stocks and the stock markets themselves. This method is also applied to index options, ETFs and futures. The goal of this specific report is to optimize trading in Cnb Financial Company (NASDAQ: CCNE) while incorporating prudent risk controls.

Warning:

This is a static report. The data below was valid at the time of publication, but support and resistance levels for CCNE change over time, so the report should be updated regularly. Subscribers get real-time updates. Unlimited real-time reports.

Subscribers also receive market analysis, stock correlation tools, macroeconomic observations, timing tools, and protection against market downturns with Evitar Corte.

Instructions:

The rules that govern the data in this report are the rules of technical analysis. For example, when CCNE tests support, buy signals emerge and resistance is the target. Conversely, when resistance is tested, it is a sign to control risk or sell and support would be the downside target accordingly. In any case, the trigger point is designed to be both an ideal place to enter a position (avoid trading in the middle of a trading channel) and to act as a risk control level.

Swing trades, day trades and longer-term trading plans:

This data is refined to also differentiate trading plans for day trading, swing trading and long-term investment plans for CCNE. All of these are offered below the summary table.