How the price action of Pool ($POOL) is used to our Advantage
July 05, 2023, 18:30 pm ET, BY John- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for POOL
- Buy POOL slightly over 342.24 target 377.13 stop loss @ 341.25 Details
The technical summary data tells us to buy POOL near 342.24 with an upside target of 377.13. This data also tells us to set a stop loss @ 341.25 to protect against excessive loss in case the stock begins to move against the trade. 342.24 is the first level of support below 371.23 , and by rule, any test of support is a buy signal. In this case, support 342.24 is being tested, a buy signal would exist.
- Short POOL slightly under 377.13, target 342.24, stop loss @ 378.22 Details
The technical summary data is suggesting a short of POOL as it gets near 377.13 with a downside target of 342.24. We should have a stop loss in place at 378.22though. 377.13 is the first level of resistance above 371.23, and by rule, any test of resistance is a short signal. In this case, if resistance 377.13 is being tested, a short signal would exist.
Swing Trading Plans for POOL
- Buy POOL slightly over 377.13, target 380.20, Stop Loss @ 376.04 Details
If 377.13 begins to break higher, the technical summary data tells us to buy POOL just slightly over 377.13, with an upside target of 380.20. The data also tells us to set a stop loss @ 376.04 in case the stock turns against the trade. 377.13 is the first level of resistance above 371.23, and by rule, any break above resistance is a buy signal. In this case, 377.13, 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 377.13, target 367.24, Stop Loss @ 378.22. Details
The technical summary data is suggesting a short of POOL if it tests 377.13 with a downside target of 367.24. We should have a stop loss in place at 378.22 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, 377.13, 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 377.16, target 380.20, Stop Loss @ 376.28 Details
If 377.16 begins to break higher, the technical summary data tells us to buy POOL just slightly over 377.16, with an upside target of 380.20. The data also tells us to set a stop loss @ 376.28 in case the stock turns against the trade. 377.16 is the first level of resistance above 371.23, and by rule, any break above resistance is a buy signal. In this case, 377.16, 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 377.16, target 369.33, Stop Loss @ 378.04. Details
The technical summary data is suggesting a short of POOL if it tests 377.16 with a downside target of 369.33. We should have a stop loss in place at 378.04 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, 377.16, 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 (POOL) available here: POOL.
POOL Ratings for July 05:
| Term → | Near |
Mid |
Long |
|---|
| Rating |
Strong |
Strong |
Neutral |
| P1 |
0 |
0 |
306.89 |
| P2 |
369.33 |
367.24 |
342.24 |
| P3 |
377.16 |
380.20 |
377.13 |
AI Generated Signals for POOL
Blue = Current Price
Red= Resistance
Green = Support
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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 Pool (NASDAQ: POOL) data table below can help you with price action, and we have more details too. Trading plans for POOL 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.
Fundamental Charts for POOL:
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