Learn to Evaluate (POOL) using the Charts
January 05, 2024, 11:52 am ET, BY Joseph H.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for POOL
- Buy POOL slightly over 358.1 target 388.2 stop loss @ 357.07 Details
The technical summary data tells us to buy POOL near 358.1 with an upside target of 388.2. This data also tells us to set a stop loss @ 357.07 to protect against excessive loss in case the stock begins to move against the trade. 358.1 is the first level of support below 377.18 , and by rule, any test of support is a buy signal. In this case, support 358.1 is being tested, a buy signal would exist.
- Short POOL slightly under 388.2, target 358.1, stop loss @ 389.32 Details
The technical summary data is suggesting a short of POOL as it gets near 388.2 with a downside target of 358.1. We should have a stop loss in place at 389.32though. 388.2 is the first level of resistance above 377.18, and by rule, any test of resistance is a short signal. In this case, if resistance 388.2 is being tested, a short signal would exist.
Swing Trading Plans for POOL
- Buy POOL slightly over 377.9, target 388.2, Stop Loss @ 376.81 Details
If 377.9 begins to break higher, the technical summary data tells us to buy POOL just slightly over 377.9, with an upside target of 388.2. The data also tells us to set a stop loss @ 376.81 in case the stock turns against the trade. 377.9 is the first level of resistance above 377.18, and by rule, any break above resistance is a buy signal. In this case, 377.9, 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 377.9, target 358.1, Stop Loss @ 378.99. Details
The technical summary data is suggesting a short of POOL if it tests 377.9 with a downside target of 358.1. We should have a stop loss in place at 378.99 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, 377.9, 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 377.9, target 388.2, Stop Loss @ 377.02 Details
If 377.9 begins to break higher, the technical summary data tells us to buy POOL just slightly over 377.9, with an upside target of 388.2. The data also tells us to set a stop loss @ 377.02 in case the stock turns against the trade. 377.9 is the first level of resistance above 377.18, and by rule, any break above resistance is a buy signal. In this case, 377.9, 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 377.9, target 373.99, Stop Loss @ 378.78. Details
The technical summary data is suggesting a short of POOL if it tests 377.9 with a downside target of 373.99. We should have a stop loss in place at 378.78 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, 377.9, 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 05:
| Term → | Near |
Mid |
Long |
|---|
| Rating |
Weak |
Strong |
Neutral |
| P1 |
0 |
0 |
327.95 |
| P2 |
366.37 |
377.9 |
358.1 |
| P3 |
373.99 |
395.98 |
388.2 |
AI Generated Signals for POOL
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 Pool Corporation (NASDAQ: POOL) report below can help you understand how to do this. The trading plans for POOL, 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 POOL:
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