When (PALC) Moves Investors should Listen
August 15, 2024, 10:40 am ET, BY Rick O.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for PALC
- Buy PALC slightly over 47.23 target 49.38 stop loss @ 47.09 Details
The technical summary data tells us to buy PALC near 47.23 with an upside target of 49.38. This data also tells us to set a stop loss @ 47.09 to protect against excessive loss in case the stock begins to move against the trade. 47.23 is the first level of support below 47.49 , and by rule, any test of support is a buy signal. In this case, support 47.23 would be being tested, so a buy signal would exist.
- Short PALC slightly under 49.38, target 47.23, stop loss @ 49.52 Details
The technical summary data is suggesting a short of PALC as it gets near 49.38 with a downside target of 47.23. We should have a stop loss in place at 49.52though. 49.38 is the first level of resistance above 47.49, and by rule, any test of resistance is a short signal. In this case, if resistance 49.38 is being tested, so a short signal would exist.
Swing Trading Plans for PALC
- Buy PALC slightly over 49.38, target 51.53, Stop Loss @ 49.24 Details
If 49.38 begins to break higher, the technical summary data tells us to buy PALC just slightly over 49.38, with an upside target of 51.53. The data also tells us to set a stop loss @ 49.24 in case the stock turns against the trade. 49.38 is the first level of resistance above 47.49, and by rule, any break above resistance is a buy signal. In this case, 49.38, 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 PALC slightly near 49.38, target 47.23, Stop Loss @ 49.52. Details
The technical summary data is suggesting a short of PALC if it tests 49.38 with a downside target of 47.23. We should have a stop loss in place at 49.52 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, 49.38, 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 PALC
- Buy PALC slightly over 49.38, target 51.53, Stop Loss @ 49.26 Details
If 49.38 begins to break higher, the technical summary data tells us to buy PALC just slightly over 49.38, with an upside target of 51.53. The data also tells us to set a stop loss @ 49.26 in case the stock turns against the trade. 49.38 is the first level of resistance above 47.49, and by rule, any break above resistance is a buy signal. In this case, 49.38, 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 PALC slightly near 49.38, target 47.23, Stop Loss @ 49.5. Details
The technical summary data is suggesting a short of PALC if it tests 49.38 with a downside target of 47.23. We should have a stop loss in place at 49.5 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, 49.38, 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 Pacer Lunt Large Cap Multi-factor Alternator Etf (PALC) available here: PALC.
PALC Ratings for August 15:
Term → | Near |
Mid |
Long |
Rating |
Strong |
Weak |
Strong |
P1 |
0 |
0 |
47.23 |
P2 |
46.97 |
45.67 |
49.38 |
P3 |
47.21 |
47.05 |
51.53 |
AI Generated Signals for PALC
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 Pacer Lunt Large Cap Multi-factor Alternator Etf (NASDAQ: PALC) report below is a real world example. Included are trading plans for PALC, but this report is static. If you want an update, or a different stock, please get one here Unlimited Real Time Reports.
Fundamental Charts for PALC: