(CEG) Trade Report

Jan 3, 2025, 12:26 PM ET, BY Christie- Contributor| Editor: Thomas H. Kee Jr. (Follow along on LinkedIn)

Long-term trading plans for CEG

• Buy CEG close 221.03 target 258.17 stop loss @ 220.39 Details

The technical summary data tells us to buy CEG near 221.03 with an upside target of 258.17. This data also tells us to set a stop loss @ 220.39 to protect against excessive losses if the stock starts to move against the trade. 221.03 is the first level of support below 252.71 and usually any test of support is a buy signal. In this case support 221.03 would be tested so a buy signal would exist.

• Short CEG just below 258.17, target 221.03, stop loss @ 258.92 Details

The technical summary data suggests that CEG is below as it nears 258.17 with a downside target of 221.03. However, we should have a stop loss in place at 258.92. 258.17 is the first resistance level above 252.71 and usually any resistance test is a short signal. In this case, if resistance 258.17 is tested, a short signal will exist.

Swing Trading Plans for CEG

• Buy CEG just above 258.17, target 296.73, Stop Loss @ 257.42 Details

If 258.17 starts to break higher, the technical summary data tells us to buy CEG just above 258.17 with an upside target of 296.73. The data also tells us to set a stop loss @ 257.42 in case the stock reverses the trade. 258.17 is the first level of resistance above 252.71 and usually any break above resistance is a buy signal. In this case, 258.17, initial resistance, would break higher, so a buy signal would exist. Because this plan is based on a resistance breakout, it is referred to as a long resistance plan.

• Short CEG a bit close to 258.17, target 231.88, Stop Loss @ 258.92. Details

The technical summary data suggests that CEG is missing if it tests 258.17 with a downside target of 231.88. We should have a stop loss in place at 258.92 however in case the stock starts to move towards the trade. As a rule, any resistance test is a short signal. In this case, if resistance, 258.17, is tested, a short signal will exist. Because this plan is a short plan based on a resistance test, it is referred to as a short resistance plan.

Day trading plans for CEG

• Buy CEG just above 258.17, target 296.73, Stop Loss @ 257.57 Details

If 258.17 starts to break higher, the technical summary data tells us to buy CEG just above 258.17 with an upside target of 296.73. The data also tells us to set a stop loss @ 257.57 in case the stock reverses the trade. 258.17 is the first level of resistance above 252.71 and usually any break above resistance is a buy signal. In this case, 258.17, initial resistance, would break higher, so a buy signal would exist. Because this plan is based on a resistance breakout, it is referred to as a long resistance plan.

• Short CEG a bit close to 258.17, target 236.64, Stop Loss @ 258.77. Details

The technical summary data suggests that CEG is missing if it tests 258.17 with a downside target of 236.64. We should have a stop loss in place at 258.77 however in case the stock starts to move towards the trade. As a rule, any resistance test is a short signal. In this case, if resistance, 258.17, is tested, a short signal will exist. Because this plan is a short plan based on a resistance test, it is referred to as a short resistance plan.

Check the time stamp on this data. Updated AI generated signals to Constellation Energy Corporation (CEG) available here: CEG.

CEG ratings for January 3:

Term →	Near	Middle	Long
Assessment	Strong	Weak	Strong
P1	0	0	221.03
P2	227.16	220.83	258.17
P3	236.64	231.88	296.73

AI generated signals for CEG

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This report was produced using AI developed by Stock Traders Daily. Over the past 20 years, this proprietary AI has been refined to help identify the most opportune trading strategies for both individual stocks and the stock markets themselves. This method is also applied to index options, ETFs and futures. The purpose of this specific report is to optimize trade with Constellation Energy Corporation (NYSE: CEG), 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 CEG 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 governing the data in this report are the rules for Technical Analysis. For example, if the CEG tests support, buy signals appear and resistance is the target. Conversely, if resistance is tested, it is a sign to check risk or short, and support would be downside targets accordingly. In each 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 also act as a level of risk control.

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

This data is refined to differentiate trading plans for Day Trading, Swing Trading and long term investment plans for CEG as well. All of these are offered below the overview table.