How we use the (PIFI) price action to our advantage

June 27, 2024, 8:16 AM ET, BY Rolland S. – Contributor | Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer-term trading plans for PIFI

• Buy PIFI just above 91.09, target 92.17, stop loss at 90.83 details

The technical summary data tells us to buy PIFI at 91.09 with an upside target of 92.17. This data also tells us to set a stop loss at 90.83 to protect ourselves from excessive losses in case the stock starts moving against the trade. 91.09 is the first support level below 92.1608 and according to the rule, any test of support is a buy signal. In this case, the support at 91.09 would be tested, so a buy signal would be present.

• Short PIFI just below 92.17, target 91.09, stop loss at 92.44 details

The technical summary data suggests a short of PIFI as it approaches 92.17, with a downside target of 91.09. However, we should place a stop loss at 92.44. 92.17 is the first resistance level above 92.1608, and any test of resistance is usually a short signal. In this case, a short signal would be present if the 92.17 resistance is tested.

Swing Trading Plans for PIFI

• Buy PIFI just above 92.26, target 92.66, stop loss at 91.99 details

If 92.26 starts to rise, the technical summary data tells us to buy PIFI just above 92.26, with an upside target of 92.66. The data also tells us to set a stop loss at 91.99 in case the stock turns against the trade. 92.26 is the first resistance level above 92.1608, and any break above resistance is usually a buy signal. In this case, 92.26, the initial resistance, would move up, so a buy signal would be present. Since this plan is based on a break of resistance, it is called a Long Resistance Plan.

• Short PIFI close to 92.26, target 91.09, stop loss at 92.53. details

The technical summary data suggests a short of PIFI if it tests 92.26 with a downside target of 91.09. However, we should place a stop loss at 92.53 in case the stock starts moving against the trade. Any test of resistance is basically a short signal. In this case, a short signal would be present if the resistance 92.26 is tested. Since this plan is a short plan based on a test of resistance, it is called a short resistance plan.

Day trading plans for PIFI

• Buy PIFI just above 92.33, target 92.66, stop loss at 92.11 details

If 92.33 starts to rise, the technical summary data tells us to buy PIFI just above 92.33, with an upside target of 92.66. The data also tells us to set a stop loss at 92.11 in case the stock turns against the trade. 92.33 is the first resistance level above 92.1608, and any break above resistance is usually a buy signal. In this case, 92.33, the initial resistance, would move up, so a buy signal would be present. Since this plan is based on a break of resistance, it is called a Long Resistance Plan.

• Short PIFI close to 92.33, target 91.09, stop loss at 92.55. details

The technical summary data suggests a short of PIFI if it tests 92.33 with a downside target of 91.09. However, we should place a stop loss at 92.55 in case the stock starts moving against the trade. Any test of resistance is usually a short signal. In this case, a short signal would be present if the resistance 92.33 is tested. Since this plan is a short plan based on a test of resistance, it is called a short resistance plan.

Check the timestamp of this data. Updated AI-generated signals for Clearshares Piton Intermediate Fixed Income ETF (PIFI) available here: PIFI.

PIFI Ratings for June 27:

AI-generated signals for PIFI

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Our task as #Investors is to pay attention to the #stocks we own. Part of that is looking at the #fundamentals, but half of the disclosure comes from looking at price action. The Clearshares Piton Intermediate Fixed Income ETF The data table (NASDAQ:PIFI) below can help you with the price trend and we also have more details. Trading plans for PIFI are also displayed here; these plans are updated in real-time for subscribers for whom this report is static. If you want an update or report on another stock, you can get unlimited real-time reports here.