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July 23, 2021, 4:12 a.m. EDT

L Brands Inc LB Trading Report

Jul 23, 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 L Brands Inc with integrated risk controls.

The trading plans were valid at the time this was published, but the support and resistance levels for LB 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

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Use the basic rules of Technical Analysis. Here are some examples: if LB 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 LB too. All of these are offered here: Access our Real Time Trading Plans

  • Buy LB over 73.03 target 79.22 stop loss @ 72.82

  • Short LB under 79.22, target 73.03, stop loss @ 79.45

  • Buy LB over 77.09, target 79.22, Stop Loss @ 76.87

  • Short LB near 77.09, target 73.03, Stop Loss @ 77.31.

  • Buy LB over 77.09, target 78.09, Stop Loss @ 76.91

  • Short LB near 77.09, target 74.51, Stop Loss @ 77.27.

LB Technical Summary | Raw Data for the Trading Plans

Bias Neutral Strong Strong
P1 0 0 66.63
P2 74.51 72.50 73.03
P3 78.09 77.09 79.22

COMTEX_390281238/2570/2021-07-23T04:12:23

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