How the price action of Invesco Db Agriculture (DBA) is used to our Advantage

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 Db Agriculture (NYSE: DBA) data table below can help you with price action, and we have more details too. Trading plans for DBA 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 DBA

• Buy DBA slightly over 21.52 target 22.21 stop loss @ 21.46 Details

The technical summary data tells us to buy DBA near 21.52 with an upside target of 22.21. This data also tells us to set a stop loss @ 21.46 to protect against excessive loss in case the stock begins to move against the trade. 21.52 is the first level of support below 21.7 , and by rule, any test of support is a buy signal. In this case, support 21.52 would be being tested, so a buy signal would exist.

• Short DBA under 22.21, target 21.52, stop loss @ 22.27 Details

The technical summary data is suggesting a short of DBA as it gets near 22.21 with a downside target of 21.52. We should have a stop loss in place at 22.27though. 22.21 is the first level of resistance above 21.7, and by rule, any test of resistance is a short signal. In this case, if resistance 22.21 is being tested, so a short signal would exist.

Swing Trading Plans for DBA

• Buy DBA slightly over 22.21, target 23.00, Stop Loss @ 22.15 Details

If 22.21 begins to break higher, the technical summary data tells us to buy DBA just slightly over 22.21, with an upside target of 23.00. The data also tells us to set a stop loss @ 22.15 in case the stock turns against the trade. 22.21 is the first level of resistance above 21.7, and by rule, any break above resistance is a buy signal. In this case, 22.21, 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 DBA near 22.21, target 21.68, Stop Loss @ 22.27. Details

The technical summary data is suggesting a short of DBA if it tests 22.21 with a downside target of 21.68. We should have a stop loss in place at 22.27 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, 22.21, 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 DBA

• Buy DBA slightly over 21.79, target 22.21, Stop Loss @ 21.74 Details

If 21.79 begins to break higher, the technical summary data tells us to buy DBA just slightly over 21.79, with an upside target of 22.21. The data also tells us to set a stop loss @ 21.74 in case the stock turns against the trade. 21.79 is the first level of resistance above 21.7, and by rule, any break above resistance is a buy signal. In this case, 21.79, 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 DBA near 21.79, target n/a, Stop Loss @ 21.84. Details

The technical summary data is suggesting a short of DBA if it tests 21.79 with a downside target of n/a. We should have a stop loss in place at 21.84 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, 21.79, 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.

DBA Ratings for June 15:

Term →	Near	Mid	Long
Rating	Weak	Neutral	Strong
P1	0	0	21.52
P2	21.55	21.68	22.21
P3	21.79	22.04	23.00

Support and Resistance Plot Chart for DBA

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