PHO - How Stock Traders Daily uses Price Action in Powershares Water Resources Portfolio PHO to Define Opportunity and Risk
Both #opportunity and #risks can be drawn from looking at the #priceaction in Powershares Water Resources Portfolio (NYSE: PHO). This is a practice commonly referred to as reading the charts. The summary data for PHO below demonstrates this, and there are trading plans that help investors understand how to utilize the data too. This data is current, but it is not real time. If you want real time updates, or data on a different stock, please get one here Unlimited Real Time Reports .
Technical Summary
| Term ? | Near | Mid | Long |
|---|---|---|---|
| Bias | |||
| Neutral | |||
| Neutral | |||
| Strong | |||
| P1 | |||
| 0 | |||
| 0 | |||
| 50.85 | |||
| P2 | |||
| 52.56 | |||
| 51.69 | |||
| 52.45 | |||
| P3 | |||
| 53.21 | |||
| 52.80 | |||
| 54.15 |
Longer Term Trading Plans for PHO
May 27, 2021, 12:45 pm ET
Our Longer Term Plans for PHO help you determine where to buy, sell, short, and set risk controls. Use this in conjunction with our Longer Term Market Analysis to go with the flow of the market as well. Going with the flow is extremely important, so review our Market Analysis and see how it helps you work with this PHO Report.
PHO - (Long) Support Plan
Buy over 52.45 target 54.15 stop loss @ 52.3
PHO - (Short) Resistance Plan
Short under 54.15, target 52.45, stop loss @ 54.31