How we can use the (PPC) price promotion to our advantage

July 13, 2024, 8:50 PM ET, BY Mitchell H. – Contributor | Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer-term trading plans for PPC

• Buy PPC just above 37.07 Target 39.79 Stop Loss @ 36.96 details

The technical summary data tells us to buy PPC at 37.07 with an upside target of 39.79. This data also tells us to set a stop loss at 36.96 to protect ourselves from excessive losses in case the stock starts moving against the trade. 37.07 is the first support level below 38.08 and any test of the support level is usually a buy signal. In this case, the support at 37.07 is tested, a buy signal would be present.

• Short PPC just below 39.79, target 37.07, stop loss at 39.9 details

The technical summary data suggests a short of PPC as it approaches 39.79, with a downside target of 37.07. However, we should place a stop loss at 39.9. 39.79 is the first resistance level above 38.08, and any test of resistance is usually a short signal. In this case, a short signal would be present if the 39.79 resistance is tested.

Swing Trading Plans for PPC

• Buy PPC just above 38.35, target 39.79, stop loss at 38.24 details

If 38.35 starts to rise, the technical summary data tells us to buy PPC just above 38.35, with an upside target of 39.79. The data also tells us to set a stop loss at 38.24 in case the stock turns against the trade. 38.35 is the first resistance level above 38.08, and any break above resistance is usually a buy signal. In this case, 38.35, the initial resistance, would rise to the upside, 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 PPC just near 38.35, target 37.66, stop loss at 38.46. details

The technical summary data suggests a short of PPC if 38.35 is tested with a downside target of 37.66. However, we should place a stop loss at 38.46 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 38.35 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 PPC

• Buy PPC just above 38.35, target 39.79, stop loss at 38.26 details

If 38.35 starts to rise, the technical summary data tells us to buy PPC just above 38.35, with an upside target of 39.79. The data also tells us to set a stop loss at 38.26 in case the stock turns against the trade. 38.35 is the first resistance level above 38.08, and any break above resistance is usually a buy signal. In this case, 38.35, the initial resistance, would rise to the upside, 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 PPC just near 38.35, target 38.07, stop loss at 38.44. details

The technical summary data suggests a short of PPC if 38.35 is tested with a downside target of 38.07. However, we should place a stop loss at 38.44 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 38.35 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 Pilgrim’s Pride Corporation (PPC) available here: PPC.

PPC ratings for July 13:

AI-generated signals for PPC

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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 Pilgrim’s Pride Corporation The data table (NYSE:PPC) below can help you with the price action and we also have more details. Trading plans for PPC 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.