(D) Investment analysis and advice

September 27, 2024, 2:02 am ET, BY Randall S. – Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer term trading plans for D

• Buy D near 55.6 and target a stop loss of 58.43 at 55.44 Details

The technical summary data tells us to buy D at 55.6 with an upside target of 58.43. This data also tells us to set a stop loss at 55.44 to protect ourselves from excessive losses in case the stock starts moving against the trade. 55.6 is the first level of support below 57.13 and basically any test of support is a buy signal. In this case the support 55.6 is tested, a buy signal would be present.

• Short D slightly below 58.43, target 55.6, stop loss at 58.6 Details

Technical summary data suggests a short D as it approaches 58.43 with a downside target at 55.6. However, we should have a stop loss at 58.6. 58.43 is the first resistance level above 57.13 and basically any test of resistance is a short signal. In this case, if the resistance 58.43 is tested, a short signal is present.

Swing Trading Plans for D

• Buy D slightly above 58.21, target 58.43, stop loss at 58.04 Details

If 58.21 starts to break higher, the technical summary data tells us to buy D just above 58.21 with an upside target of 58.43. The data also tells us to set a stop loss at 58.04 in case the stock turns against the trade. 58.21 is the first resistance level above 57.13, and basically any break above resistance is a buy signal. In this case, 58.21, the initial resistance, would break to the upside, giving a buy signal. Because this plan is based on a resistance break, it is called a long resistance plan.

• Short D slightly near 58.21, target 56.94, stop loss at 58.38. Details

Technical summary data suggests a short of D testing 58.21 with a downside target of 56.94. However, we should have a stop loss at 58.38 in case the stock starts moving against the trade. Basically every resistance test is a short signal. In this case, if the resistance 58.21 is tested, a short signal would be present. Since this plan is a short plan based on a resistance test, it is called a short resistance plan.

Day Trading Plans for D

• Buy D slightly above 57.61, target 58.21, stop loss at 57.48 Details

If 57.61 starts to break higher, the technical summary data tells us to buy D just above 57.61 with an upside target of 58.21. The data also tells us to set a stop loss at 57.48 in case the stock turns against the trade. 57.61 is the first resistance level above 57.13 and basically any break above resistance is a buy signal. In this case, 57.61, the initial resistance, would break upwards, giving a buy signal. Because this plan is based on a resistance break, it is called a long resistance plan.

• Short D slightly near 57.61, target 56.98, stop loss at 57.74. Details

Technical summary data suggests a short D if 57.61 is tested, with a downside target of 56.98. However, we should have a stop loss at 57.74 in case the stock starts moving against the trade. Basically every resistance test is a short signal. In this case, if the resistance 57.61 is tested, a short signal would be present. Since this plan is a short plan based on a resistance test, it is called a short resistance plan.

Check the timestamp of this data. Updated AI generated signals for Dominion Energy Inc. (D) available here: D

D ratings for September 27th:

AI-generated signals for D

Real-time updates for repeat institutional readers:

Instructions:

• Click the “Get Real-Time Updates” button below.

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

• Enter the email address you use for Factset

• Use the user/pass you receive to log in

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

From then on, you can just click to get the real-time update whenever you want.

GET REAL-TIME UPDATES

Prudent investment analysis requires observations of support and resistance levels for Dominion Energy Inc. (NYSE:D) too. These define prudent trading plans.

Warning:

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

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

Instructions:

The rules that govern the data in this report are the rules of technical analysis. For example, when D tests support, buy signals emerge and resistance is the target. Conversely, if resistance is tested, it is a sign to control risk or sell, 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 to serve as a risk control layer.

Swing Trades, Day Trades and Longer Term Trading Plans:

This data is refined to distinguish trading plans for day trading, swing trading and long-term investment plans also for D. All of this is offered below the overview table.