pool adsHow to Identify the Opportunity and Potential Pitfalls in Invesco Db Silver #DBS
This Invesco Db Silver (NYSE: DBS) report helps #investors and #traders identify both opportunity, and potential #redflags by using the price action of the stock. The trading plans for DBS have risk controls, and that make these observations both opportunistic and defensive, but the data on this page is not real time. If you want a real time update, or a different stock, please get one here Unlimited Real Time Reports.
Technical Summary
| Term → | Near | Mid | Long |
|---|---|---|---|
| Rating | Strong | Strong | Strong |
| P1 | ERR | 0 | 35.36 |
| P2 | 34.44 | 39.49 | |
| P3 | 0 | 36.54 | 44.49 |
Support and Resistance Plot Chart for DBS
Long Term Trading Plans for DBS
May 4, 2021, 8:15 am ET
The Technical Summary and Trading Plans for DBS help you determine where to buy, sell, and set risk controls. The data is best used in conjunction with our Market Analysis and Stock Correlation Filters too, because those help us go with the flow of the market as well. Going with the flow is extremely important, so review our Market Analysis with this DBS Report.
DBS - (Long) Support Plan
The technical summary data tells us to buy DBS near 35.36 with an upside target of 39.49. This data also tells us to set a stop loss @ 35.26 to protect against excessive loss in case the stock begins to move against the trade. 35.36 is the first level of support below 37.7213 , and by rule, any test of support is a buy signal. In this case, support 35.36 would be being tested, so a buy signal would exist.
DBS - (Short) Resistance Plan
The technical summary data is suggesting a short of DBS as it gets near 39.49 with a downside target of 35.36. We should have a stop loss in place at 39.6though. 39.49 is the first level of resistance above 37.7213, and by rule, any test of resistance is a short signal. In this case, if resistance 39.49 is being tested, so a short signal would exist.
Blue = Current Price
Red= Resistance
Green = Support
Real Time Updates for Repeat Institutional Readers:
Factset: Request User/Pass
Bloomberg, Reuters, Refinitiv, Zacks, or IB users: Access Here.
Our Market Crash Leading Indicator is Evitar Corte.
Evitar Corte warned of market crash risk four times since 2000.
It identified the Internet Debacle before it happened.
It identified the Credit Crisis before it happened.
It identified the Corona Crash too.
See what Evitar Corte is Saying Now.
Get Notified When our Ratings Change: Take a Trial
