How the price action of Invesco Wilderhill Clean E (PBW) is used to our Advantage

September 27, 2022, 18:45 pm ET, BY Bill- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Our job as #investors is to pay attention to the #stocks we own.  Part of that involves looking at the #fundamentals, but half of the disclosure comes from looking at price action. The  Invesco Wilderhill Clean E (NYSE: PBW) data table below can help you with price action, and we have more details too. Trading plans for PBW are shown here too; these plans are updated in real time for subscribers, where this report is static. If you want an update, or a report on a different stock, please get one here Unlimited Real Time Reports.

Longer Term Trading Plans for PBW

• Buy PBW slightly over 46.39 target 57.54 stop loss @ 46.26 Details

The technical summary data tells us to buy PBW near 46.39 with an upside target of 57.54. This data also tells us to set a stop loss @ 46.26 to protect against excessive loss in case the stock begins to move against the trade. 46.39 is the first level of support below 50.18 , and by rule, any test of support is a buy signal. In this case, support 46.39 is being tested, a buy signal would exist.

• Short PBW slightly under 57.54, target 46.39, stop loss @ 57.71 Details

The technical summary data is suggesting a short of PBW as it gets near 57.54 with a downside target of 46.39. We should have a stop loss in place at 57.71though. 57.54 is the first level of resistance above 50.18, and by rule, any test of resistance is a short signal. In this case, if resistance 57.54 is being tested, a short signal would exist.

Swing Trading Plans for PBW

• Buy PBW slightly over 53.29, target 57.54, Stop Loss @ 53.14 Details

If 53.29 begins to break higher, the technical summary data tells us to buy PBW just slightly over 53.29, with an upside target of 57.54. The data also tells us to set a stop loss @ 53.14 in case the stock turns against the trade. 53.29 is the first level of resistance above 50.18, and by rule, any break above resistance is a buy signal. In this case, 53.29, 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 PBW slightly near 53.29, target 49.56, Stop Loss @ 53.44. Details

The technical summary data is suggesting a short of PBW if it tests 53.29 with a downside target of 49.56. We should have a stop loss in place at 53.44 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, 53.29, 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 PBW

• Buy PBW slightly over 53.29, target 57.54, Stop Loss @ 53.17 Details

If 53.29 begins to break higher, the technical summary data tells us to buy PBW just slightly over 53.29, with an upside target of 57.54. The data also tells us to set a stop loss @ 53.17 in case the stock turns against the trade. 53.29 is the first level of resistance above 50.18, and by rule, any break above resistance is a buy signal. In this case, 53.29, 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 PBW slightly near 53.29, target 49.64, Stop Loss @ 53.41. Details

The technical summary data is suggesting a short of PBW if it tests 53.29 with a downside target of 49.64. We should have a stop loss in place at 53.41 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, 53.29, 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.

PBW Ratings for September 27:

Term →	Near	Mid	Long
Rating	Weak	Weak	Weak
P1	0	0	35.37
P2	47.77	49.56	46.39
P3	49.64	53.29	57.54

Support and Resistance Plot Chart for PBW

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