Trading (PAM) With Integrated Risk Controls
May 03, 2024, 11:12 am ET, BY Jolene W.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for PAM
- Buy PAM slightly over 45.64 target 51.19 stop loss @ 45.51 Details
The technical summary data tells us to buy PAM near 45.64 with an upside target of 51.19. This data also tells us to set a stop loss @ 45.51 to protect against excessive loss in case the stock begins to move against the trade. 45.64 is the first level of support below 48.365 , and by rule, any test of support is a buy signal. In this case, support 45.64 is being tested, a buy signal would exist.
- Short PAM slightly under 51.19, target 45.64, stop loss @ 51.34 Details
The technical summary data is suggesting a short of PAM as it gets near 51.19 with a downside target of 45.64. We should have a stop loss in place at 51.34though. 51.19 is the first level of resistance above 48.365, and by rule, any test of resistance is a short signal. In this case, if resistance 51.19 is being tested, a short signal would exist.
Swing Trading Plans for PAM
- Buy PAM slightly over 51.19, target n/a, Stop Loss @ 51.04 Details
If 51.19 begins to break higher, the technical summary data tells us to buy PAM just slightly over 51.19, with an upside target of n/a. The data also tells us to set a stop loss @ 51.04 in case the stock turns against the trade. 51.19 is the first level of resistance above 48.365, and by rule, any break above resistance is a buy signal. In this case, 51.19, 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 PAM slightly near 51.19, target 46.9, Stop Loss @ 51.34. Details
The technical summary data is suggesting a short of PAM if it tests 51.19 with a downside target of 46.9. We should have a stop loss in place at 51.34 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, 51.19, 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 PAM
- Buy PAM slightly over 51.19, target n/a, Stop Loss @ 51.07 Details
If 51.19 begins to break higher, the technical summary data tells us to buy PAM just slightly over 51.19, with an upside target of n/a. The data also tells us to set a stop loss @ 51.07 in case the stock turns against the trade. 51.19 is the first level of resistance above 48.365, and by rule, any break above resistance is a buy signal. In this case, 51.19, 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 PAM slightly near 51.19, target 46.9, Stop Loss @ 51.31. Details
The technical summary data is suggesting a short of PAM if it tests 51.19 with a downside target of 46.9. We should have a stop loss in place at 51.31 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, 51.19, 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 Pampa Energia S.a. (PAM) available here: PAM.
PAM Ratings for May 03:
| Term → | Near |
Mid |
Long |
|---|
| Rating |
Strong |
Neutral |
Strong |
| P1 |
0 |
0 |
40.03 |
| P2 |
45.34 |
44.62 |
45.64 |
| P3 |
46.47 |
46.9 |
51.19 |
AI Generated Signals for PAM
Blue = Current Price
Red= Resistance
Green = Support
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Fundamental Charts for PAM:
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