Learn to Evaluate Regal Rexnord Corp (RBC) using the Charts

November 30, 2021, 05:45 am ET, BY John- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

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  Regal Rexnord Corp (NYSE: RBC) report below can help you understand how to do this. The trading plans for RBC, 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.

Longer Term Trading Plans for RBC

• Buy RBC slightly over 141.16 target 153.30 stop loss @ 140.75 Details

The technical summary data tells us to buy RBC near 141.16 with an upside target of 153.30. This data also tells us to set a stop loss @ 140.75 to protect against excessive loss in case the stock begins to move against the trade. 141.16 is the first level of support below 151 , and by rule, any test of support is a buy signal. In this case, support 141.16 would be being tested, so a buy signal would exist.

• Short RBC under 153.30, target 141.16, stop loss @ 153.74 Details

The technical summary data is suggesting a short of RBC as it gets near 153.30 with a downside target of 141.16. We should have a stop loss in place at 153.74though. 153.30 is the first level of resistance above 151, and by rule, any test of resistance is a short signal. In this case, if resistance 153.30 is being tested, so a short signal would exist.

Swing Trading Plans for RBC

• Buy RBC slightly over 153.30, target 155.64, Stop Loss @ 152.86 Details

If 153.30 begins to break higher, the technical summary data tells us to buy RBC just slightly over 153.30, with an upside target of 155.64. The data also tells us to set a stop loss @ 152.86 in case the stock turns against the trade. 153.30 is the first level of resistance above 151, and by rule, any break above resistance is a buy signal. In this case, 153.30, 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 RBC near 153.30, target 150.00, Stop Loss @ 153.74. Details

The technical summary data is suggesting a short of RBC if it tests 153.30 with a downside target of 150.00. We should have a stop loss in place at 153.74 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, 153.30, 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 RBC

• Buy RBC slightly over 153.34, target 155.64, Stop Loss @ 152.98 Details

If 153.34 begins to break higher, the technical summary data tells us to buy RBC just slightly over 153.34, with an upside target of 155.64. The data also tells us to set a stop loss @ 152.98 in case the stock turns against the trade. 153.34 is the first level of resistance above 151, and by rule, any break above resistance is a buy signal. In this case, 153.34, 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 RBC near 153.34, target 150.05, Stop Loss @ 153.7. Details

The technical summary data is suggesting a short of RBC if it tests 153.34 with a downside target of 150.05. We should have a stop loss in place at 153.7 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, 153.34, 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.

RBC Ratings for November 30:

Term →	Near	Mid	Long
Rating	Strong	Neutral	Strong
P1	0	0	141.16
P2	150.05	150.00	153.30
P3	153.34	155.64	166.67

Support and Resistance Plot Chart for RBC

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