When Prudential Financial (PRU) Moves Investors should Listen

Longer Term Trading Plans for PRU
  • Buy PRU slightly over 97.07 target 106.80 stop loss @ 96.79 Details
  • The technical summary data tells us to buy PRU near 97.07 with an upside target of 106.80. This data also tells us to set a stop loss @ 96.79 to protect against excessive loss in case the stock begins to move against the trade. 97.07 is the first level of support below 100.25 , and by rule, any test of support is a buy signal. In this case, support 97.07 is being tested, a buy signal would exist.

  • Short PRU slightly under 106.80, target 97.07, stop loss @ 107.11 Details
  • The technical summary data is suggesting a short of PRU as it gets near 106.80 with a downside target of 97.07. We should have a stop loss in place at 107.11though. 106.80 is the first level of resistance above 100.25, and by rule, any test of resistance is a short signal. In this case, if resistance 106.80 is being tested, a short signal would exist.

Swing Trading Plans for PRU
  • Buy PRU slightly over 106.80, target n/a, Stop Loss @ 106.49 Details
  • If 106.80 begins to break higher, the technical summary data tells us to buy PRU just slightly over 106.80, with an upside target of n/a. The data also tells us to set a stop loss @ 106.49 in case the stock turns against the trade. 106.80 is the first level of resistance above 100.25, and by rule, any break above resistance is a buy signal. In this case, 106.80, 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 PRU slightly near 106.80, target 100.12, Stop Loss @ 107.11. Details
  • The technical summary data is suggesting a short of PRU if it tests 106.80 with a downside target of 100.12. We should have a stop loss in place at 107.11 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, 106.80, 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 PRU
  • Buy PRU slightly over 106.80, target n/a, Stop Loss @ 106.55 Details
  • If 106.80 begins to break higher, the technical summary data tells us to buy PRU just slightly over 106.80, with an upside target of n/a. The data also tells us to set a stop loss @ 106.55 in case the stock turns against the trade. 106.80 is the first level of resistance above 100.25, and by rule, any break above resistance is a buy signal. In this case, 106.80, 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 PRU slightly near 106.80, target 100.12, Stop Loss @ 107.05. Details
  • The technical summary data is suggesting a short of PRU if it tests 106.80 with a downside target of 100.12. We should have a stop loss in place at 107.05 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, 106.80, 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.

PRU Ratings for January 25:

Term →Near Mid Long
Rating Weak Neutral Weak
P1 0 0 87.34
P2 96.61 97.15 97.07
P3 99.67 100.12 106.80
Triggers may have already come
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  • Price matters most to making good timing decisions, and the MACRO picture defines how restrictive you need to be with entry levels. Together, these are powerful.

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Chart of PRU with Longer Term Pivots

Blue = Current Price
Red= Resistance
Green = Support


PRU Long Term Analysis for January 25 2023

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  Prudential Financial (NYSE: PRU) report below is a real world example. Included are trading plans for PRU, but this report is static. If you want an update, or a different stock, please get one here Unlimited Real Time Reports

Graph of Evitar Corte vs S&P 500

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