When the Price of (POWWP) Talks, People Listen

December 22, 2023, 19:20 pm ET, BY THOMAS KEE- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for POWWP

• Buy POWWP slightly over 26 target n/a stop loss @ 25.92. Details

The technical summary data tells us to buy POWWP near 26, but there is no current upside target from the summary table. In this case we should wait until either an update to the summary table has been made (which usually happens at the beginning of every trading day), or until the position has been stopped. The data does tell us to set a stop loss 25.92 to protect against excessive loss in case the stock begins to move against the trade. 26 is the first level of support below 26.4051, and by rule, any test of support is a buy signal. In this case, if support 26 is being tested, a buy signal would exist.

• NONE . Details

NONE .
There are no current resistance levels from the summary table, and therefore there are no Short resistance Plans which tell us to short upon tests of resistance. Resistance levels have broken higher and unless the stock reverses lower and below support levels again short positions look risky.

Swing Trading Plans for POWWP

• Buy POWWP slightly over 26.61, target n/a, Stop Loss @ 26.53 Details

If 26.61 begins to break higher, the technical summary data tells us to buy POWWP just slightly over 26.61, with an upside target of n/a. The data also tells us to set a stop loss @ 26.53 in case the stock turns against the trade. 26.61 is the first level of resistance above 26.4051, and by rule, any break above resistance is a buy signal. In this case, 26.61, 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 POWWP slightly near 26.61, target 26.34, Stop Loss @ 26.69. Details

The technical summary data is suggesting a short of POWWP if it tests 26.61 with a downside target of 26.34. We should have a stop loss in place at 26.69 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, 26.61, 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 POWWP

• Buy POWWP slightly over 26.7, target n/a, Stop Loss @ 26.64 Details

If 26.7 begins to break higher, the technical summary data tells us to buy POWWP just slightly over 26.7, with an upside target of n/a. The data also tells us to set a stop loss @ 26.64 in case the stock turns against the trade. 26.7 is the first level of resistance above 26.4051, and by rule, any break above resistance is a buy signal. In this case, 26.7, 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 POWWP slightly near 26.7, target 26.4, Stop Loss @ 26.76. Details

The technical summary data is suggesting a short of POWWP if it tests 26.7 with a downside target of 26.4. We should have a stop loss in place at 26.76 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, 26.7, 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 Ammo Inc. 8.75% Series A Cumulative Redeemable Perpetual Preferred Stock (POWWP) available here: POWWP.

POWWP Ratings for December 22:

Term →	Near	Mid	Long
Rating	Strong	Neutral	Neutral
P1	0	0	23.88
P2	26.4	26.34	25.07
P3	26.7	26.61	26

AI Generated Signals for POWWP

Real Time Updates for Repeat Institutional Readers:

• Factset: Request User/Pass
• Bloomberg, Reuters, Refinitiv, Zacks, or IB users: Access Here.

Instructions:

• Click the Get Real Time Updates button below.

• In the login prompt, select forgot username

• Type the email you use for Factset

• Use the user/pass you receive to login

• You will have 24/7 access to real time updates.

From then on you can just click to get the real time update whenever you want.

GET REAL TIME UPDATES

Market Crash Leading Indicator

Our Market Crash Leading Indicator isEvitar 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

This is not EF Hutton, but it could be more #powerful.  A picture speaks a thousand words, they say, and the #priceaction of Ammo Inc. 8.75% Series A Cumulative Redeemable Perpetual Preferred Stock (NASDAQ: POWWP) 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 POWWP 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.