July 21, 2024, 3:24am ET, BY Tyler – Contributor | Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Long-term trading plans for DXPE

• Buy DXPE slightly above 49.53, target 57.57 stop loss @ 49.39 Details

The technical summary data tells us to buy DXPE near 49.53 with an upside target of 57.57. This data also tells us to set a stop loss at 49.39 to protect against excessive loss in case the stock starts to move against the trade. 49.53 is the first support level below 50.78, and as a rule, any test of support is a buy signal. In this case, if support 49.53 is tested, there would be a buy signal.

• Short DXPE slightly below 57.57, target 49.53, stop loss @ 57.74 Details

The technical summary data suggests a short of DXPE as it is approaching 57.57 with a downside target of 49.53. However, we should have a stop loss at 57.74. 57.57 is the first resistance level above 50.78 and as per the rule, any test of resistance is a short signal. In this case, a short signal would exist if resistance 57.57 is tested.

Swing Trading Plans for DXPE

• Buy DXPE slightly above 53.46, target 57.57, stop loss @ 53.31 Details

If 53.46 starts to rise, the technical summary data tells us to buy DXPE just above 53.46, with an upside target of 57.57. The data also tells us to set a stop loss at 53.31 in case the stock turns against the trade. 53.46 is the first resistance level above 50.78, and as a rule, any break above resistance is a buy signal. In this case, 53.46, the initial resistance, would rise, so there would be a buy signal. Since this plan is based on a break above resistance, it is called a Long Resistance Plan.

• Short DXPE something around 53.46, target price 49.64, stop loss @ 53.61. Details

The technical summary data suggests a short of DXPE if it tests 53.46 with a downside target of 49.64. However, we should have a stop loss at 53.61 in case the stock starts to move against the trade. As a rule, any test of resistance is a short signal. In this case, a short signal would occur if resistance, 53.46, 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 DXPE

• Buy DXPE slightly above 52.03, target 53.46, stop loss @ 51.91 Details

If 52.03 starts to break higher, the technical summary data tells us to buy DXPE just above 52.03, with an upside target of 53.46. The data also tells us to set a stop loss at 51.91 in case the stock turns against the trade. 52.03 is the first resistance level above 50.78, and as a rule, any break above resistance is a buy signal. In this case, 52.03, the initial resistance, would break higher, so there would be a buy signal. Because this plan is based on a break above resistance, it is called a Long Resistance Plan.

• Short DXPE something around 52.03, target price 49.64, stop loss @ 52.15. Details

The technical summary data suggests a short of DXPE if it tests 52.03 with a downside target of 49.64. However, we should have a stop loss at 52.15 in case the stock starts to move against the trade. As a rule, any test of resistance is a short signal. In this case, a short signal would occur if resistance, 52.03, 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 on this data. Updated AI-generated signals for Dxp Enterprises Inc. (DXPE) available here: DXPE.

DXPE ratings for July 21:

Term →	Near	Middle	Long
Judgement	Strong	Strong	Strong
P1	0	0	42.06
P2	52.03	49.64	49.53
P3	54.57	53.46	57.57

AI generated signals for DXPE

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Trade Dxp Enterprises Inc. (NASDAQ: DXPE) can be efficient and rewarding, especially in volatile markets, as long as key pivot points for the stock are considered before making decisions to buy, sell or short.

Warning:

This is a static report, the data below was valid at the time of publication, but support and resistance levels for DXPE change over time, so the report should be updated regularly. Real-time updates are provided to subscribers. Unlimited real-time reports.

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Instructions:

The rules that govern the data in this report are the rules of technical analysis. For example, if DXPE is testing support buy signals, it is the surface and resistance is the target. Conversely, if resistance is tested, it is a sign to control risk or short, and support would accordingly be the downside target. 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 it also acts as a level of risk control.

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

This data has been refined to distinguish Day Trading, Swing Trading and Long Term Investing plans for DXPE. All of these are provided below the summary table.