(POOL) Investment Analysis

January 16, 2024, 04:36 am ET, BY Jesse F.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for POOL

• Buy POOL slightly over 359.44 target 389.58 stop loss @ 358.4 Details

The technical summary data tells us to buy POOL near 359.44 with an upside target of 389.58. This data also tells us to set a stop loss @ 358.4 to protect against excessive loss in case the stock begins to move against the trade. 359.44 is the first level of support below 381.82 , and by rule, any test of support is a buy signal. In this case, support 359.44 is being tested, a buy signal would exist.

• Short POOL slightly under 389.58, target 359.44, stop loss @ 390.71 Details

The technical summary data is suggesting a short of POOL as it gets near 389.58 with a downside target of 359.44. We should have a stop loss in place at 390.71though. 389.58 is the first level of resistance above 381.82, and by rule, any test of resistance is a short signal. In this case, if resistance 389.58 is being tested, a short signal would exist.

Swing Trading Plans for POOL

• Buy POOL slightly over 383.11, target 389.58, Stop Loss @ 382 Details

If 383.11 begins to break higher, the technical summary data tells us to buy POOL just slightly over 383.11, with an upside target of 389.58. The data also tells us to set a stop loss @ 382 in case the stock turns against the trade. 383.11 is the first level of resistance above 381.82, and by rule, any break above resistance is a buy signal. In this case, 383.11, 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 POOL slightly near 383.11, target 366.1, Stop Loss @ 384.22. Details

The technical summary data is suggesting a short of POOL if it tests 383.11 with a downside target of 366.1. We should have a stop loss in place at 384.22 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, 383.11, 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 POOL

• Buy POOL slightly over 383.11, target 385.69, Stop Loss @ 382.22 Details

If 383.11 begins to break higher, the technical summary data tells us to buy POOL just slightly over 383.11, with an upside target of 385.69. The data also tells us to set a stop loss @ 382.22 in case the stock turns against the trade. 383.11 is the first level of resistance above 381.82, and by rule, any break above resistance is a buy signal. In this case, 383.11, 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 POOL slightly near 383.11, target 380.86, Stop Loss @ 384. Details

The technical summary data is suggesting a short of POOL if it tests 383.11 with a downside target of 380.86. We should have a stop loss in place at 384 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, 383.11, 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 Pool Corporation (POOL) available here: POOL.

POOL Ratings for January 16:

Term →	Near	Mid	Long
Rating	Strong	Weak	Neutral
P1	0	0	329.28
P2	380.86	366.1	359.44
P3	385.69	383.11	389.58

AI Generated Signals for POOL

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Warning:

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

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Instructions:

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