When Invesco Dynamic Large Cap (PWB) Moves Investors should Listen

June 08, 2022, 12:45 pm ET, BY Barry C.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

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

Longer Term Trading Plans for PWB

• Buy PWB slightly over 64.58 target 71.21 stop loss @ 64.39 Details

The technical summary data tells us to buy PWB near 64.58 with an upside target of 71.21. This data also tells us to set a stop loss @ 64.39 to protect against excessive loss in case the stock begins to move against the trade. 64.58 is the first level of support below 65.44 , and by rule, any test of support is a buy signal. In this case, support 64.58 would be being tested, so a buy signal would exist.

• Short PWB under 71.21, target 64.58, stop loss @ 71.42 Details

The technical summary data is suggesting a short of PWB as it gets near 71.21 with a downside target of 64.58. We should have a stop loss in place at 71.42though. 71.21 is the first level of resistance above 65.44, and by rule, any test of resistance is a short signal. In this case, if resistance 71.21 is being tested, so a short signal would exist.

Swing Trading Plans for PWB

• Buy PWB slightly over 67.40, target 71.21, Stop Loss @ 67.21 Details

If 67.40 begins to break higher, the technical summary data tells us to buy PWB just slightly over 67.40, with an upside target of 71.21. The data also tells us to set a stop loss @ 67.21 in case the stock turns against the trade. 67.40 is the first level of resistance above 65.44, and by rule, any break above resistance is a buy signal. In this case, 67.40, 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 PWB near 67.40, target 65.35, Stop Loss @ 67.59. Details

The technical summary data is suggesting a short of PWB if it tests 67.40 with a downside target of 65.35. We should have a stop loss in place at 67.59 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, 67.40, 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 PWB

• Buy PWB slightly over 67.40, target 71.21, Stop Loss @ 67.24 Details

If 67.40 begins to break higher, the technical summary data tells us to buy PWB just slightly over 67.40, with an upside target of 71.21. The data also tells us to set a stop loss @ 67.24 in case the stock turns against the trade. 67.40 is the first level of resistance above 65.44, and by rule, any break above resistance is a buy signal. In this case, 67.40, 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 PWB near 67.40, target 65.38, Stop Loss @ 67.56. Details

The technical summary data is suggesting a short of PWB if it tests 67.40 with a downside target of 65.38. We should have a stop loss in place at 67.56 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, 67.40, 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.

PWB Ratings for June 08:

Term →	Near	Mid	Long
Rating	Strong	Weak	Neutral
P1	0	0	64.58
P2	65.38	65.35	71.21
P3	67.32	67.40	77.64

Support and Resistance Plot Chart for PWB

Real Time Updates for Repeat Institutional Readers:

Factset: Request User/Pass

Bloomberg, Reuters, Refinitiv, Zacks, or IB users: Access Here.