Learn to Evaluate (RBCP) using the Charts
August 19, 2024, 00:28 am ET, BY Robert S.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for RBCP
- Buy RBCP slightly over 128 target 135.98 stop loss @ 127.63 Details
The technical summary data tells us to buy RBCP near 128 with an upside target of 135.98. This data also tells us to set a stop loss @ 127.63 to protect against excessive loss in case the stock begins to move against the trade. 128 is the first level of support below 128.52 , and by rule, any test of support is a buy signal. In this case, support 128 is being tested, a buy signal would exist.
- Short RBCP slightly under 135.98, target 128, stop loss @ 136.37 Details
The technical summary data is suggesting a short of RBCP as it gets near 135.98 with a downside target of 128. We should have a stop loss in place at 136.37though. 135.98 is the first level of resistance above 128.52, and by rule, any test of resistance is a short signal. In this case, if resistance 135.98 is being tested, a short signal would exist.
Swing Trading Plans for RBCP
- Buy RBCP slightly over 135.98, target n/a, Stop Loss @ 135.59 Details
If 135.98 begins to break higher, the technical summary data tells us to buy RBCP just slightly over 135.98, with an upside target of n/a. The data also tells us to set a stop loss @ 135.59 in case the stock turns against the trade. 135.98 is the first level of resistance above 128.52, and by rule, any break above resistance is a buy signal. In this case, 135.98, 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 RBCP slightly near 135.98, target 128.26, Stop Loss @ 136.37. Details
The technical summary data is suggesting a short of RBCP if it tests 135.98 with a downside target of 128.26. We should have a stop loss in place at 136.37 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, 135.98, 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 RBCP
- Buy RBCP slightly over 131.73, target 135.98, Stop Loss @ 131.42 Details
If 131.73 begins to break higher, the technical summary data tells us to buy RBCP just slightly over 131.73, with an upside target of 135.98. The data also tells us to set a stop loss @ 131.42 in case the stock turns against the trade. 131.73 is the first level of resistance above 128.52, and by rule, any break above resistance is a buy signal. In this case, 131.73, 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 RBCP slightly near 131.73, target 128.26, Stop Loss @ 132.04. Details
The technical summary data is suggesting a short of RBCP if it tests 131.73 with a downside target of 128.26. We should have a stop loss in place at 132.04 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, 131.73, 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 Rbc Bearings Incorporated 5.00% Series A Mandatory Convertible Preferred Stock (RBCP) available here: RBCP.
RBCP Ratings for August 19:
| Term → | Near |
Mid |
Long |
|---|
| Rating |
Strong |
Neutral |
Strong |
| P1 |
0 |
0 |
120.53 |
| P2 |
128.26 |
122.9 |
128 |
| P3 |
131.73 |
128.26 |
135.98 |
AI Generated Signals for RBCP
Blue = Current Price
Red= Resistance
Green = Support
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When #institutionalinvestors make decisions to buy and sell #stocks they normally want to keep it quiet. However, if we pay close attention we can see what is going on, and make good decisions.. The Rbc Bearings Incorporated 5.00% Series A Mandatory Convertible Preferred Stock (NASDAQ: RBCP) report below can help you understand how to do this. The trading plans for RBCP, are updated in real time for subscribers, but this report is static. If you want an update, or a different report on a different stock, please get one here Unlimited Real Time Reports.
Fundamental Charts for RBCP:
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