When the Price of Powershares Nasdaq Internet $PNQI Talks, People Listen

March 11, 2023, 00:00 am ET, BY Rolland S.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for PNQI

• Buy PNQI slightly over 110.30 target 126.97 stop loss @ 109.98 Details

The technical summary data tells us to buy PNQI near 110.30 with an upside target of 126.97. This data also tells us to set a stop loss @ 109.98 to protect against excessive loss in case the stock begins to move against the trade. 110.30 is the first level of support below 125.908 , and by rule, any test of support is a buy signal. In this case, support 110.30 is being tested, a buy signal would exist.

• Short PNQI slightly under 126.97, target 110.30, stop loss @ 127.34 Details

The technical summary data is suggesting a short of PNQI as it gets near 126.97 with a downside target of 110.30. We should have a stop loss in place at 127.34though. 126.97 is the first level of resistance above 125.908, and by rule, any test of resistance is a short signal. In this case, if resistance 126.97 is being tested, a short signal would exist.

Swing Trading Plans for PNQI

• Buy PNQI slightly over 126.97, target 128.48, Stop Loss @ 126.6 Details

If 126.97 begins to break higher, the technical summary data tells us to buy PNQI just slightly over 126.97, with an upside target of 128.48. The data also tells us to set a stop loss @ 126.6 in case the stock turns against the trade. 126.97 is the first level of resistance above 125.908, and by rule, any break above resistance is a buy signal. In this case, 126.97, 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 PNQI slightly near 126.97, target 110.30, Stop Loss @ 127.34. Details

The technical summary data is suggesting a short of PNQI if it tests 126.97 with a downside target of 110.30. We should have a stop loss in place at 127.34 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, 126.97, 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 PNQI

• Buy PNQI slightly over 126.97, target 128.48, Stop Loss @ 126.67 Details

If 126.97 begins to break higher, the technical summary data tells us to buy PNQI just slightly over 126.97, with an upside target of 128.48. The data also tells us to set a stop loss @ 126.67 in case the stock turns against the trade. 126.97 is the first level of resistance above 125.908, and by rule, any break above resistance is a buy signal. In this case, 126.97, 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 PNQI slightly near 126.97, target 110.30, Stop Loss @ 127.27. Details

The technical summary data is suggesting a short of PNQI if it tests 126.97 with a downside target of 110.30. We should have a stop loss in place at 127.27 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, 126.97, 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 Powershares Nasdaq Internet (PNQI) available here: PNQI.

PNQI Ratings for March 11:

Term →	Near	Mid	Long
Rating	Weak	Strong	Weak
P1	0	0	94.46
P2	126.89	128.48	110.30
P3	132.48	133.39	126.97

AI Generated Signals for PNQI

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This is not EF Hutton, but it could be more #powerful.  A picture speaks a thousand words, they say, and the #priceaction of Powershares Nasdaq Internet (NASDAQ: PNQI) tells an important story.  The movement tells us where investors perceive value, or the lack of it, and if we pay attention we can capture opportunity.  The data below for PNQI can be used as an example, and demonstrate how to do this for other stocks too.  This data was current at the time of publication, but it is not updated in real time here. If you want real time updates, or data on a different stock, please get one here Unlimited Real Time Reports.