September 1, 2024, 2:44 PM ET, BY Billy Contributor | Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer-term trading plans for RSG

• Buy RSG just above 205.65, target 213.73, stop loss at 205.06 Details

The technical summary data tells us to buy RSG at 205.65 with an upside target of 213.73. This data also tells us to set a stop loss at 205.06 to protect ourselves from excessive losses in case the stock starts moving against the trade. 205.65 is the first support level below 208.21 and any test of support is usually a buy signal. In this case, the support at 205.65 is tested, a buy signal would be present.

• Short RSG just below 213.73, target 205.65, stop loss at 214.35 Details

The technical summary data suggests a short of RSG as it approaches 213.73, with a downside target of 205.65. However, we should place a stop loss at 214.35. 213.73 is the first resistance level above 208.21, and any test of resistance is usually a short signal. In this case, a short signal would be present if the 213.73 resistance is tested.

Swing Trading Plans for RSG

• Buy RSG just above 209.3, target 213.73, stop loss at 208.7 Details

If 209.3 starts to rise, the technical summary data tells us to buy RSG just above 209.3, with an upside target of 213.73. The data also tells us to set a stop loss at 208.7 in case the stock turns against the trade. 209.3 is the first resistance level above 208.21, and any break above resistance is usually a buy signal. In this case, 209.3, the initial resistance, would rise to the upside, 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 RSG just near 209.3, target 207.11, stop loss at 209.9. Details

The technical summary data suggests a short of RSG if it tests 209.3 with a downside target of 207.11. However, we should set a stop loss at 209.9 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 209.3 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 RSG

• Buy RSG just above 209.3, target 213.73, stop loss at 208.81 Details

If 209.3 starts to rise, the technical summary data tells us to buy RSG just above 209.3, with an upside target of 213.73. The data also tells us to set a stop loss at 208.81 in case the stock turns against the trade. 209.3 is the first resistance level above 208.21, and any break above resistance is usually a buy signal. In this case, 209.3, the initial resistance, would rise to the upside, 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 RSG just near 209.3, target 207.85, stop loss at 209.79. Details

The technical summary data suggests a short of RSG if it tests 209.3 with a downside target of 207.85. However, we should place a stop loss at 209.79 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 209.3 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 Services of Republic Inc. (RSG) available here: RSG.

RSG ratings for September 1st:

AI-generated signals for RSG

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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 Services of Republic Inc. (NYSE: RSG) 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 RSG change over time, so the report should be updated regularly. Subscribers get real-time updates. 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, when RSG tests support, buy signals emerge and resistance is the target. Conversely, a test of resistance is a sign to control risk or go short 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 RSG. All of these are offered below the summary table.