(PODD) Pivots Trading Plans and Risk Controls

March 04, 2024, 10:22 am ET, BY David D.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for PODD

• Buy PODD slightly over 152.77 target 195.83 stop loss @ 152.33 Details

The technical summary data tells us to buy PODD near 152.77 with an upside target of 195.83. This data also tells us to set a stop loss @ 152.33 to protect against excessive loss in case the stock begins to move against the trade. 152.77 is the first level of support below 166.52 , and by rule, any test of support is a buy signal. In this case, support 152.77 is being tested, a buy signal would exist.

• Short PODD slightly under 195.83, target 152.77, stop loss @ 196.4 Details

The technical summary data is suggesting a short of PODD as it gets near 195.83 with a downside target of 152.77. We should have a stop loss in place at 196.4though. 195.83 is the first level of resistance above 166.52, and by rule, any test of resistance is a short signal. In this case, if resistance 195.83 is being tested, a short signal would exist.

Swing Trading Plans for PODD

• Buy PODD slightly over 171.03, target 195.83, Stop Loss @ 170.54 Details

If 171.03 begins to break higher, the technical summary data tells us to buy PODD just slightly over 171.03, with an upside target of 195.83. The data also tells us to set a stop loss @ 170.54 in case the stock turns against the trade. 171.03 is the first level of resistance above 166.52, and by rule, any break above resistance is a buy signal. In this case, 171.03, 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 PODD slightly near 171.03, target 155.55, Stop Loss @ 171.52. Details

The technical summary data is suggesting a short of PODD if it tests 171.03 with a downside target of 155.55. We should have a stop loss in place at 171.52 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, 171.03, 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 PODD

• Buy PODD slightly over 167.82, target 171.03, Stop Loss @ 167.43 Details

If 167.82 begins to break higher, the technical summary data tells us to buy PODD just slightly over 167.82, with an upside target of 171.03. The data also tells us to set a stop loss @ 167.43 in case the stock turns against the trade. 167.82 is the first level of resistance above 166.52, and by rule, any break above resistance is a buy signal. In this case, 167.82, 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 PODD slightly near 167.82, target 160.78, Stop Loss @ 168.21. Details

The technical summary data is suggesting a short of PODD if it tests 167.82 with a downside target of 160.78. We should have a stop loss in place at 168.21 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, 167.82, 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 Insulet Corporation (PODD) available here: PODD.

PODD Ratings for March 04:

Term →	Near	Mid	Long
Rating	Weak	Weak	Weak
P1	0	0	106.85
P2	160.78	155.55	152.77
P3	167.82	171.03	195.83

AI Generated Signals for PODD

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This Insulet Corporation (NASDAQ: PODD) report was produced by Stock Traders Daily.  Over the past 20 years our metholdology has been refined to help identify strategies for both individual stocks and the stock markets, with prudent risk controls.

Warning:

This is a static report, the data below was valid at the time of the publication, but support and resistance levels for PODD change over time, so the report should be updated regularly.  Real Time updates are provided to subscribers.  Unlimited Real Time Reports.

Subscribers also receive market analysis, stock correlation tools, macroeconomic observations, timing tools, and protection from market crashes using Evitar Corte.  

Instructions:

The rules that govern the data in this report are the rules of Technical Analysis.  For example, if PODD is testing support buy signals surface, and resistance is the target.  Conversely, if resistance is being tested, that is a sign to control risk or short, and support would be the downside target accordingly.  In each case, the trigger point is designed to be both an ideal place to enter a position (avoid trading in the middle of a trading channel), and it acts as a level of risk control too.

Swing Trades, Day Trades, and Longer term Trading Plans:

This data is refined to differentiate trading plans for Day Trading, Swing Trading, and Long Term Investing plans for PODD too.  All of these are offered below the Summary Table.