When the Price of (PKX) Talks, People Listen

November 25, 2024, 03:34 am ET, BY Bill T.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for PKX

• Buy PKX near 51.8 target 57.79 stop loss @ 51.65 Details

The technical summary data tells us to buy PKX near 51.8 with an upside target of 57.79. This data also tells us to set a stop loss @ 51.65 to protect against excessive loss in case the stock begins to move against the trade. 51.8 is the first level of support below 54.25 , and by rule, any test of support is a buy signal. In this case, support 51.8 would be being tested, so a buy signal would exist.

• Short PKX slightly under 57.79, target 51.8, stop loss @ 57.96 Details

The technical summary data is suggesting a short of PKX as it gets near 57.79 with a downside target of 51.8. We should have a stop loss in place at 57.96though. 57.79 is the first level of resistance above 54.25, and by rule, any test of resistance is a short signal. In this case, if resistance 57.79 is being tested, so a short signal would exist.

Swing Trading Plans for PKX

• Buy PKX slightly over 57.79, target 63.84, Stop Loss @ 57.62 Details

If 57.79 begins to break higher, the technical summary data tells us to buy PKX just slightly over 57.79, with an upside target of 63.84. The data also tells us to set a stop loss @ 57.62 in case the stock turns against the trade. 57.79 is the first level of resistance above 54.25, and by rule, any break above resistance is a buy signal. In this case, 57.79, 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 PKX slightly near 57.79, target 53.68, Stop Loss @ 57.96. Details

The technical summary data is suggesting a short of PKX if it tests 57.79 with a downside target of 53.68. We should have a stop loss in place at 57.96 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, 57.79, 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 PKX

• Buy PKX slightly over 55.09, target 57.79, Stop Loss @ 54.96 Details

If 55.09 begins to break higher, the technical summary data tells us to buy PKX just slightly over 55.09, with an upside target of 57.79. The data also tells us to set a stop loss @ 54.96 in case the stock turns against the trade. 55.09 is the first level of resistance above 54.25, and by rule, any break above resistance is a buy signal. In this case, 55.09, 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 PKX slightly near 55.09, target 54, Stop Loss @ 55.22. Details

The technical summary data is suggesting a short of PKX if it tests 55.09 with a downside target of 54. We should have a stop loss in place at 55.22 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, 55.09, 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 Posco Holdings Inc. American Depositary Shares (each Representing 1/4th Of A Share Of) (PKX) available here: PKX.

PKX Ratings for November 25:

Term →	Near	Mid	Long
Rating	Strong	Weak	Weak
P1	0	0	51.8
P2	54	49.32	57.79
P3	55.09	53.68	63.84

AI Generated Signals for PKX

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This is not EF Hutton, but it could be more #powerful.  A picture speaks a thousand words, they say, and the #priceaction of Posco Holdings Inc. American Depositary Shares (each Representing 1/4th Of A Share Of) (NYSE: PKX) tells an important story.  The movement tells us where investors perceive value, or the lack of it, and if we pay attention we can capture opportunity.  The data below for PKX can be used as an example, and demonstrate how to do this for other stocks too.  This data was current at the time of publication, but it is not updated in real time here. If you want real time updates, or data on a different stock, please get one here Unlimited Real Time Reports.