Learn to Evaluate (PBA) using the Charts

October 23, 2024, 18:48 pm ET, BY Rick W.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for PBA

• Buy PBA near 42.25 target n/a stop loss @ 42.13. Details

The technical summary data tells us to buy PBA near 42.25, but there is no current upside target from the summary table. In this case we should wait until either an update to the summary table has been made (which usually happens at the beginning of every trading day), or until the position has been stopped. The data does tell us to set a stop loss 42.13 to protect against excessive loss in case the stock begins to move against the trade. 42.25 is the first level of support below 42.61, and by rule, any test of support is a buy signal. In this case, if support 42.25 is being tested, a buy signal would exist.

• NONE . Details

NONE .
There are no current resistance levels from the summary table, and therefore there are no Short resistance Plans which tell us to short upon tests of resistance. Resistance levels have broken higher and unless the stock reverses lower and below support levels again short positions look risky.

Swing Trading Plans for PBA

• Buy PBA slightly over 42.7, target 43.35, Stop Loss @ 42.58 Details

If 42.7 begins to break higher, the technical summary data tells us to buy PBA just slightly over 42.7, with an upside target of 43.35. The data also tells us to set a stop loss @ 42.58 in case the stock turns against the trade. 42.7 is the first level of resistance above 42.61, and by rule, any break above resistance is a buy signal. In this case, 42.7, 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 PBA slightly near 42.7, target 42.25, Stop Loss @ 42.82. Details

The technical summary data is suggesting a short of PBA if it tests 42.7 with a downside target of 42.25. We should have a stop loss in place at 42.82 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, 42.7, 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 PBA

• Buy PBA slightly over 42.73, target 43.35, Stop Loss @ 42.63 Details

If 42.73 begins to break higher, the technical summary data tells us to buy PBA just slightly over 42.73, with an upside target of 43.35. The data also tells us to set a stop loss @ 42.63 in case the stock turns against the trade. 42.73 is the first level of resistance above 42.61, and by rule, any break above resistance is a buy signal. In this case, 42.73, 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 PBA slightly near 42.73, target 42.44, Stop Loss @ 42.83. Details

The technical summary data is suggesting a short of PBA if it tests 42.73 with a downside target of 42.44. We should have a stop loss in place at 42.83 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, 42.73, 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  Pembina Pipeline Corp. (canada) (PBA) available here: PBA.

PBA Ratings for October 23:

Term →	Near	Mid	Long
Rating	Neutral	Neutral	Strong
P1	0	0	39.32
P2	42.44	42.7	40.79
P3	42.73	43.35	42.25

AI Generated Signals for PBA

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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  Pembina Pipeline Corp. (canada) (NYSE: PBA) report below can help you understand how to do this. The trading plans for PBA, 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.