When the Price of (WABC) Talks, People Listen
February 03, 2024, 02:50 am ET, BY Joseph H.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for WABC
- Buy WABC slightly over 42.69 target 49.57 stop loss @ 42.57 Details
The technical summary data tells us to buy WABC near 42.69 with an upside target of 49.57. This data also tells us to set a stop loss @ 42.57 to protect against excessive loss in case the stock begins to move against the trade. 42.69 is the first level of support below 46.32 , and by rule, any test of support is a buy signal. In this case, support 42.69 would be being tested, so a buy signal would exist.
- Short WABC slightly under 49.57, target 42.69, stop loss @ 49.71 Details
The technical summary data is suggesting a short of WABC as it gets near 49.57 with a downside target of 42.69. We should have a stop loss in place at 49.71though. 49.57 is the first level of resistance above 46.32, and by rule, any test of resistance is a short signal. In this case, if resistance 49.57 is being tested, so a short signal would exist.
Swing Trading Plans for WABC
- Buy WABC slightly over 48.3, target 49.57, Stop Loss @ 48.16 Details
If 48.3 begins to break higher, the technical summary data tells us to buy WABC just slightly over 48.3, with an upside target of 49.57. The data also tells us to set a stop loss @ 48.16 in case the stock turns against the trade. 48.3 is the first level of resistance above 46.32, and by rule, any break above resistance is a buy signal. In this case, 48.3, 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 WABC slightly near 48.3, target 45.89, Stop Loss @ 48.44. Details
The technical summary data is suggesting a short of WABC if it tests 48.3 with a downside target of 45.89. We should have a stop loss in place at 48.44 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, 48.3, 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 WABC
- Buy WABC slightly over 46.86, target 48.3, Stop Loss @ 46.75 Details
If 46.86 begins to break higher, the technical summary data tells us to buy WABC just slightly over 46.86, with an upside target of 48.3. The data also tells us to set a stop loss @ 46.75 in case the stock turns against the trade. 46.86 is the first level of resistance above 46.32, and by rule, any break above resistance is a buy signal. In this case, 46.86, 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 WABC slightly near 46.86, target 45.89, Stop Loss @ 46.97. Details
The technical summary data is suggesting a short of WABC if it tests 46.86 with a downside target of 45.89. We should have a stop loss in place at 46.97 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, 46.86, 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 Westamerica Bancorporation (WABC) available here: WABC.
WABC Ratings for February 03:
| Term → | Near |
Mid |
Long |
|---|
| Rating |
Weak |
Weak |
Neutral |
| P1 |
0 |
0 |
42.69 |
| P2 |
46.86 |
45.89 |
49.57 |
| P3 |
48.72 |
48.3 |
56.44 |
AI Generated Signals for WABC
Blue = Current Price
Red= Resistance
Green = Support
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This is not EF Hutton, but it could be more #powerful. A picture speaks a thousand words, they say, and the #priceaction of Westamerica Bancorporation (NASDAQ: WABC) tells an important story. The movement tells us where investors perceive value, or the lack of it, and if we pay attention we can capture opportunity. The data below for WABC can be used as an example, and demonstrate how to do this for other stocks too. This data was current at the time of publication, but it is not updated in real time here. If you want real time updates, or data on a different stock, please get one here Unlimited Real Time Reports.
Fundamental Charts for WABC:
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