Trading (WAB) With Integrated Risk Controls
January 08, 2025, 02:42 am ET, BY Jesse F.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for WAB
- Buy WAB near 186.23 target 198.01 stop loss @ 185.69 Details
The technical summary data tells us to buy WAB near 186.23 with an upside target of 198.01. This data also tells us to set a stop loss @ 185.69 to protect against excessive loss in case the stock begins to move against the trade. 186.23 is the first level of support below 189.14 , and by rule, any test of support is a buy signal. In this case, support 186.23 would be being tested, so a buy signal would exist.
- Short WAB slightly under 198.01, target 186.23, stop loss @ 198.58 Details
The technical summary data is suggesting a short of WAB as it gets near 198.01 with a downside target of 186.23. We should have a stop loss in place at 198.58though. 198.01 is the first level of resistance above 189.14, and by rule, any test of resistance is a short signal. In this case, if resistance 198.01 is being tested, so a short signal would exist.
Swing Trading Plans for WAB
- Buy WAB slightly over 192.5, target 198.01, Stop Loss @ 191.94 Details
If 192.5 begins to break higher, the technical summary data tells us to buy WAB just slightly over 192.5, with an upside target of 198.01. The data also tells us to set a stop loss @ 191.94 in case the stock turns against the trade. 192.5 is the first level of resistance above 189.14, and by rule, any break above resistance is a buy signal. In this case, 192.5, 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 WAB slightly near 192.5, target 189.01, Stop Loss @ 193.06. Details
The technical summary data is suggesting a short of WAB if it tests 192.5 with a downside target of 189.01. We should have a stop loss in place at 193.06 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, 192.5, 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 WAB
- Buy WAB slightly over 190.25, target 192.5, Stop Loss @ 189.81 Details
If 190.25 begins to break higher, the technical summary data tells us to buy WAB just slightly over 190.25, with an upside target of 192.5. The data also tells us to set a stop loss @ 189.81 in case the stock turns against the trade. 190.25 is the first level of resistance above 189.14, and by rule, any break above resistance is a buy signal. In this case, 190.25, 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 WAB slightly near 190.25, target 189.01, Stop Loss @ 190.69. Details
The technical summary data is suggesting a short of WAB if it tests 190.25 with a downside target of 189.01. We should have a stop loss in place at 190.69 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, 190.25, 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 Westinghouse Air Brake Technologies Corporation (WAB) available here: WAB.
WAB Ratings for January 08:
| Term → | Near |
Mid |
Long |
|---|
| Rating |
Neutral |
Weak |
Strong |
| P1 |
0 |
0 |
186.23 |
| P2 |
190.25 |
189.01 |
198.01 |
| P3 |
192.86 |
192.5 |
209.49 |
AI Generated Signals for WAB
Blue = Current Price
Red= Resistance
Green = Support
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Fundamental Charts for WAB:
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