When Mbia (MBI) Moves Investors should Listen

April 09, 2022, 15:45 pm ET, BY James G.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

How do we know what is going on #behindthescenes of a company?  According to Stock Traders Daily, a 20-year #financialindustry innovator, the best way to do this to to watch the price action in the stock. The  Mbia (NYSE: MBI) report below is a real world example. Included are trading plans for MBI, but this report is static. If you want an update, or a different stock, please get one here Unlimited Real Time Reports. 

Longer Term Trading Plans for MBI

• Buy MBI slightly over 13.17 target 15.16 stop loss @ 13.13 Details

The technical summary data tells us to buy MBI near 13.17 with an upside target of 15.16. This data also tells us to set a stop loss @ 13.13 to protect against excessive loss in case the stock begins to move against the trade. 13.17 is the first level of support below 13.64 , and by rule, any test of support is a buy signal. In this case, support 13.17 would be being tested, so a buy signal would exist.

• Short MBI under 15.16, target 13.17, stop loss @ 15.2 Details

The technical summary data is suggesting a short of MBI as it gets near 15.16 with a downside target of 13.17. We should have a stop loss in place at 15.2though. 15.16 is the first level of resistance above 13.64, and by rule, any test of resistance is a short signal. In this case, if resistance 15.16 is being tested, so a short signal would exist.

Swing Trading Plans for MBI

• Buy MBI slightly over 14.33, target 15.16, Stop Loss @ 14.29 Details

If 14.33 begins to break higher, the technical summary data tells us to buy MBI just slightly over 14.33, with an upside target of 15.16. The data also tells us to set a stop loss @ 14.29 in case the stock turns against the trade. 14.33 is the first level of resistance above 13.64, and by rule, any break above resistance is a buy signal. In this case, 14.33, 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 MBI near 14.33, target 13.17, Stop Loss @ 14.37. Details

The technical summary data is suggesting a short of MBI if it tests 14.33 with a downside target of 13.17. We should have a stop loss in place at 14.37 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, 14.33, 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 MBI

• Buy MBI slightly over 14.40, target 15.16, Stop Loss @ 14.37 Details

If 14.40 begins to break higher, the technical summary data tells us to buy MBI just slightly over 14.40, with an upside target of 15.16. The data also tells us to set a stop loss @ 14.37 in case the stock turns against the trade. 14.40 is the first level of resistance above 13.64, and by rule, any break above resistance is a buy signal. In this case, 14.40, 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 MBI near 14.40, target 13.60, Stop Loss @ 14.43. Details

The technical summary data is suggesting a short of MBI if it tests 14.40 with a downside target of 13.60. We should have a stop loss in place at 14.43 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, 14.40, 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.

MBI Ratings for April 09:

Term →	Near	Mid	Long
Rating	Weak	Strong	Strong
P1	0	0	13.17
P2	13.60	14.33	15.16
P3	14.40	15.92	17.35

Support and Resistance Plot Chart for MBI

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