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When (SBR) Moves Investors should Listen

Longer Term Trading Plans for SBR
  • Buy SBR slightly over 61.7 target 66.65 stop loss @ 61.52 Details
  • The technical summary data tells us to buy SBR near 61.7 with an upside target of 66.65. This data also tells us to set a stop loss @ 61.52 to protect against excessive loss in case the stock begins to move against the trade. 61.7 is the first level of support below 63.11 , and by rule, any test of support is a buy signal. In this case, support 61.7 is being tested, a buy signal would exist.

  • Short SBR slightly under 66.65, target 61.7, stop loss @ 66.84 Details
  • The technical summary data is suggesting a short of SBR as it gets near 66.65 with a downside target of 61.7. We should have a stop loss in place at 66.84though. 66.65 is the first level of resistance above 63.11, and by rule, any test of resistance is a short signal. In this case, if resistance 66.65 is being tested, a short signal would exist.

Swing Trading Plans for SBR
  • Buy SBR slightly over 66.65, target n/a, Stop Loss @ 66.46 Details
  • If 66.65 begins to break higher, the technical summary data tells us to buy SBR just slightly over 66.65, with an upside target of n/a. The data also tells us to set a stop loss @ 66.46 in case the stock turns against the trade. 66.65 is the first level of resistance above 63.11, and by rule, any break above resistance is a buy signal. In this case, 66.65, 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 SBR slightly near 66.65, target 61.7, Stop Loss @ 66.84. Details
  • The technical summary data is suggesting a short of SBR if it tests 66.65 with a downside target of 61.7. We should have a stop loss in place at 66.84 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, 66.65, 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 SBR
  • Buy SBR slightly over 63.48, target 66.65, Stop Loss @ 63.33 Details
  • If 63.48 begins to break higher, the technical summary data tells us to buy SBR just slightly over 63.48, with an upside target of 66.65. The data also tells us to set a stop loss @ 63.33 in case the stock turns against the trade. 63.48 is the first level of resistance above 63.11, and by rule, any break above resistance is a buy signal. In this case, 63.48, 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 SBR slightly near 63.48, target 62.49, Stop Loss @ 63.63. Details
  • The technical summary data is suggesting a short of SBR if it tests 63.48 with a downside target of 62.49. We should have a stop loss in place at 63.63 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, 63.48, 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.

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SBR Ratings for February 12:

Term →Near Mid Long
Rating Strong Weak Weak
P1 0 0 56.81
P2 62.49 58.17 61.7
P3 63.48 61.64 66.65
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Support and Resistance Plot Chart for SBR

SBR Long Term Analysis for February 12 2024

Blue = Current Price
Red= Resistance
Green = Support

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How do we know what is going on #behindthescenes of a company?  According to Stock Traders Daily, a 20-year #financialindustry innovator, the best way to do this to to watch the price action in the stock. The  Sabine Royalty Trust (NYSE: SBR) report below is a real world example. Included are trading plans for SBR, but this report is static. If you want an update, or a different stock, please get one here Unlimited Real Time Reports