Trading (PBE) With Integrated Risk Controls
December 01, 2024, 09:38 am ET, BY Simon M.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for PBE
- Buy PBE near 69.75 target 73.25 stop loss @ 69.55 Details
The technical summary data tells us to buy PBE near 69.75 with an upside target of 73.25. This data also tells us to set a stop loss @ 69.55 to protect against excessive loss in case the stock begins to move against the trade. 69.75 is the first level of support below 70.498 , and by rule, any test of support is a buy signal. In this case, support 69.75 is being tested, a buy signal would exist.
- Short PBE slightly under 73.25, target 69.75, stop loss @ 73.46 Details
The technical summary data is suggesting a short of PBE as it gets near 73.25 with a downside target of 69.75. We should have a stop loss in place at 73.46though. 73.25 is the first level of resistance above 70.498, and by rule, any test of resistance is a short signal. In this case, if resistance 73.25 is being tested, a short signal would exist.
Swing Trading Plans for PBE
- Buy PBE slightly over 71.46, target 73.25, Stop Loss @ 71.25 Details
If 71.46 begins to break higher, the technical summary data tells us to buy PBE just slightly over 71.46, with an upside target of 73.25. The data also tells us to set a stop loss @ 71.25 in case the stock turns against the trade. 71.46 is the first level of resistance above 70.498, and by rule, any break above resistance is a buy signal. In this case, 71.46, 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 PBE slightly near 71.46, target 69.75, Stop Loss @ 71.67. Details
The technical summary data is suggesting a short of PBE if it tests 71.46 with a downside target of 69.75. We should have a stop loss in place at 71.67 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, 71.46, 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 PBE
- Buy PBE slightly over 71.46, target 73.25, Stop Loss @ 71.29 Details
If 71.46 begins to break higher, the technical summary data tells us to buy PBE just slightly over 71.46, with an upside target of 73.25. The data also tells us to set a stop loss @ 71.29 in case the stock turns against the trade. 71.46 is the first level of resistance above 70.498, and by rule, any break above resistance is a buy signal. In this case, 71.46, 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 PBE slightly near 71.46, target 70.32, Stop Loss @ 71.63. Details
The technical summary data is suggesting a short of PBE if it tests 71.46 with a downside target of 70.32. We should have a stop loss in place at 71.63 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, 71.46, 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 Invesco Dynamic Biotechnology & Genome Etf (PBE) available here: PBE.
PBE Ratings for December 01:
| Term → | Near |
Mid |
Long |
|---|
| Rating |
Strong |
Neutral |
Neutral |
| P1 |
0 |
0 |
66.22 |
| P2 |
70.32 |
67.45 |
69.75 |
| P3 |
71.28 |
71.46 |
73.25 |
AI Generated Signals for PBE
Blue = Current Price
Red= Resistance
Green = Support
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Price matters most to #makingmoney in the #stockmarket. Celebrating 20 years, Stock Traders Daily provides the tools that help you develop investment strategies, and this is a good example. When we couple this with our market based analysis, the probabilities of going with the flow increases, and that is material over time. The Invesco Dynamic Biotechnology & Genome Etf (NYSE: PBE) report below can help you, but we have more details too. The trading plans for PBE, and the other 1000+ stocks we follow, are updated in real time for subscribers, but this report is static. If you want an update, or a different report, please get one here Unlimited Real Time Reports.
Fundamental Charts for PBE:
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