Aug 10, 2021 (Stock Traders Daily via COMTEX) -- Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This report optimizes trading in Darden Restaurants /zigman2/quotes/200092615/composite DRI +0.67% with integrated risk controls.
The trading plans were valid at the time this was published, but the support and resistance levels for DRI change as time passes, and this should be updated in real time. Access those real time updates for this and 1000 other stocks here. Unlimited Real Time Reports
Protection from Market Crashes: Subscribers also get our Tail Risk hedge, Evitar Corte
Use the basic rules of Technical Analysis. Here are some examples: if DRI is testing support the signal is to buy and target resistance. On the other hand, if resistance is tested, that is a sign to short, and target support. No matter which side the trade is, long or short, the trigger point is both a place to enter and as a risk control.
This data can be used to define Day Trading, Swing Trading, and Long Term Investing plans for DRI too. All of these are offered here: Access our Real Time Trading Plans
Short DRI under 143.83, target n/a, stop loss @ 144.25
Buy DRI over 141.15, target 143.83, Stop Loss @ 140.74
Short DRI near 141.15, target n/a, Stop Loss @ 141.56.
Buy DRI over 141.15, target 142.22, Stop Loss @ 140.82
Short DRI near 141.15, target 137.57, Stop Loss @ 141.48.
DRI Technical Summary | Raw Data for the Trading Plans
Is there a problem with this press release? Contact the source provider Comtex at email@example.com. You can also contact MarketWatch Customer Service via our Customer Center.