Technical Analysis

Longer Term Trading Plans for PPA

• NONE. Details

There is no current Support Plan to trigger a buy of this stock at this time. This usually means that there are no clear support levels at this time, so buying the stock as it falls could be considered catching a falling knife. Buy signals only exist if resistance breaks higher.
This often is a signal that the stock you are watching is weak. Waiting for a turn higher may be more intelligent than trying to catch a falling knife. In any case, new support levels are usually revised to the database at the beginning of the next trading session.

• Short PPA slightly under 158.56, target n/a, stop loss @ 159.02 Details

The technical summary data is suggesting a short of PPA as it gets near 158.56, but the downside target is not available from the current data. This tells us to hold that position if it is triggered until a new downside target has been established (updates occur at the beginning of every trading session) or until the position has been stopped. The summary data tells us to have a stop loss in place at 159.02. 158.56 is the first level of resistance above 155.96, and by rule, any test of resistance is a short signal. In this case, if resistance 158.56 is being tested, so a short signal would exist.

Swing Trading Plans for PPA

• Buy PPA slightly over 156.31, target 158.56, Stop Loss @ 155.86 Details

If 156.31 begins to break higher, the technical summary data tells us to buy PPA just over 156.31, with an upside target of 158.56. The data also tells us to set a stop loss @ 155.86 in case the stock turns against the trade. 156.31 is the first level of resistance above 155.96, and by rule, any break above resistance is a buy signal. In this case, 156.31, 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 PPA slightly near 156.31, target 152.9, Stop Loss @ 156.76. Details

The technical summary data is suggesting a short of PPA if it tests 156.31 with a downside target of 152.9. We should have a stop loss in place at 156.76 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, 156.31, 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 PPA

• Buy PPA slightly over 156.31, target 157.84, Stop Loss @ 155.95 Details

If 156.31 begins to break higher, the technical summary data tells us to buy PPA just over 156.31, with an upside target of 157.84. The data also tells us to set a stop loss @ 155.95 in case the stock turns against the trade. 156.31 is the first level of resistance above 155.96, and by rule, any break above resistance is a buy signal. In this case, 156.31, 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 PPA slightly near 156.31, target 152.9, Stop Loss @ 156.67. Details

The technical summary data is suggesting a short of PPA if it tests 156.31 with a downside target of 152.9. We should have a stop loss in place at 156.67 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, 156.31, 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.

PPA Technical Summary | Raw Data for the Trading Plans