(PWER) Proactive Strategies

December 10, 2024, 23:30 pm ET, BY James G.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for PWER

• Buy PWER near 27.51 target 29.11 stop loss @ 27.43 Details

The technical summary data tells us to buy PWER near 27.51 with an upside target of 29.11. This data also tells us to set a stop loss @ 27.43 to protect against excessive loss in case the stock begins to move against the trade. 27.51 is the first level of support below 28.2862 , and by rule, any test of support is a buy signal. In this case, support 27.51 would be being tested, so a buy signal would exist.

• Short PWER slightly under 29.11, target 27.51, stop loss @ 29.19 Details

The technical summary data is suggesting a short of PWER as it gets near 29.11 with a downside target of 27.51. We should have a stop loss in place at 29.19though. 29.11 is the first level of resistance above 28.2862, and by rule, any test of resistance is a short signal. In this case, if resistance 29.11 is being tested, so a short signal would exist.

Swing Trading Plans for PWER

• Buy PWER slightly over 28.36, target 29.11, Stop Loss @ 28.28 Details

If 28.36 begins to break higher, the technical summary data tells us to buy PWER just slightly over 28.36, with an upside target of 29.11. The data also tells us to set a stop loss @ 28.28 in case the stock turns against the trade. 28.36 is the first level of resistance above 28.2862, and by rule, any break above resistance is a buy signal. In this case, 28.36, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

• Short PWER slightly near 28.36, target 27.51, Stop Loss @ 28.44. Details

The technical summary data is suggesting a short of PWER if it tests 28.36 with a downside target of 27.51. We should have a stop loss in place at 28.44 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 28.36, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Day Trading Plans for PWER

• Buy PWER slightly over 28.36, target 29.11, Stop Loss @ 28.29 Details

If 28.36 begins to break higher, the technical summary data tells us to buy PWER just slightly over 28.36, with an upside target of 29.11. The data also tells us to set a stop loss @ 28.29 in case the stock turns against the trade. 28.36 is the first level of resistance above 28.2862, and by rule, any break above resistance is a buy signal. In this case, 28.36, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

• Short PWER slightly near 28.36, target 27.51, Stop Loss @ 28.43. Details

The technical summary data is suggesting a short of PWER if it tests 28.36 with a downside target of 27.51. We should have a stop loss in place at 28.43 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 28.36, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Check the time stamp on this data. Updated AI-Generated Signals for Macquarie Energy Transition Etf (PWER) available here: PWER.

PWER Ratings for December 10:

Term →	Near	Mid	Long
Rating	Weak	Neutral	Neutral
P1	0	0	27.51
P2	28.36	28.36	29.11
P3	0		30.71

AI Generated Signals for PWER

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Don't over think it!  Trading Macquarie Energy Transition Etf (NASDAQ: PWER) or any other stock can be rewarding if the simple rules of technical analysis are observed before making any decisions.  This should be an integral part of the investment process.

Warning:

This is a static report, the data below was valid at the time of the publication, but support and resistance levels for PWER 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 that govern the data in this report are the rules of Technical Analysis.  For example, if PWER is testing support buy signals surface, and resistance is the target.  Conversely, if resistance is being tested, that is a sign to control risk or short, and support would be the downside target 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 it acts as a level of risk control too.

Swing Trades, Day Trades, and Longer term Trading Plans:

This data is refined to differentiate trading plans for Day Trading, Swing Trading, and Long Term Investing plans for PWER too.  All of these are offered below the Summary Table.