How to Take Advantage of moves in (PRI)

March 15, 2024, 00:12 am ET, BY Quentin W.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for PRI

• Buy PRI slightly over 233.12 target 247.54 stop loss @ 232.45 Details

The technical summary data tells us to buy PRI near 233.12 with an upside target of 247.54. This data also tells us to set a stop loss @ 232.45 to protect against excessive loss in case the stock begins to move against the trade. 233.12 is the first level of support below 245.52 , and by rule, any test of support is a buy signal. In this case, support 233.12 is being tested, a buy signal would exist.

• Short PRI slightly under 247.54, target 233.12, stop loss @ 248.25 Details

The technical summary data is suggesting a short of PRI as it gets near 247.54 with a downside target of 233.12. We should have a stop loss in place at 248.25though. 247.54 is the first level of resistance above 245.52, and by rule, any test of resistance is a short signal. In this case, if resistance 247.54 is being tested, a short signal would exist.

Swing Trading Plans for PRI

• Buy PRI slightly over 247.54, target 251.23, Stop Loss @ 246.83 Details

If 247.54 begins to break higher, the technical summary data tells us to buy PRI just slightly over 247.54, with an upside target of 251.23. The data also tells us to set a stop loss @ 246.83 in case the stock turns against the trade. 247.54 is the first level of resistance above 245.52, and by rule, any break above resistance is a buy signal. In this case, 247.54, 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 PRI slightly near 247.54, target 245.43, Stop Loss @ 248.25. Details

The technical summary data is suggesting a short of PRI if it tests 247.54 with a downside target of 245.43. We should have a stop loss in place at 248.25 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, 247.54, 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 PRI

• Buy PRI slightly over 247.54, target 247.74, Stop Loss @ 246.96 Details

If 247.54 begins to break higher, the technical summary data tells us to buy PRI just slightly over 247.54, with an upside target of 247.74. The data also tells us to set a stop loss @ 246.96 in case the stock turns against the trade. 247.54 is the first level of resistance above 245.52, and by rule, any break above resistance is a buy signal. In this case, 247.54, 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 PRI slightly near 247.54, target 245.43, Stop Loss @ 248.12. Details

The technical summary data is suggesting a short of PRI if it tests 247.54 with a downside target of 245.43. We should have a stop loss in place at 248.12 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, 247.54, 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 Primerica Inc. (PRI) available here: PRI.

PRI Ratings for March 15:

Term →	Near	Mid	Long
Rating	Neutral	Neutral	Strong
P1	0	0	218.6
P2	243.84	245.43	233.12
P3	247.74	251.23	247.54

AI Generated Signals for PRI

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This Primerica Inc. (NYSE: PRI) trading report incorporates analysis also used by some of the biggest funds in the world.  Review the technical takeaways closely.

Warning:

This is a static report, the data below was valid at the time of the publication, but support and resistance levels for PRI change over time, so the report should be updated regularly.  Real Time updates are provided to subscribers.  Unlimited Real Time Reports.

Subscribers also receive market analysis, stock correlation tools, macroeconomic observations, timing tools, and protection from market crashes using Evitar Corte.  

Instructions:

The rules that govern the data in this report are the rules of Technical Analysis.  For example, if PRI 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 PRI too.  All of these are offered below the Summary Table.