PWR Forecast + Trading Strategies




Price Forecast:


Bearish<->Bullish




Bullish Case: PWR benefits from sustained infrastructure spending, with an expected earnings beat fueling an upward price movement. Recent trends indicate strengthened demand amid favorable policies, which could see PWR rise toward $350.




Bearish Case: Rising interest rates might trigger a correction in growth stocks like PWR, potentially pulling prices down to the $270 mark. The market is entering a more cautious phase that could hamper growth expectations.




Potential Outcomes:

1. 30% chance of price increase to $350 due to heightened infrastructure investments.

2. 25% chance for decline to $270 on rising rates.

3. 20% chance for consolidation around current levels of $328.

4. 25% chance for upside to $370 on bullish earnings report.




Trading Oracle: Consider selling a $300/$290 put spread to seize a 71% probability of profit, capturing premium while leveraging the positive volatility edge. Aim for a potential 17% return while hedging against downside risks with defined risk parameters.



November 19, 2024


Quanta Services Forecast

PWR        Quanta Services











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