When (BWFG) Moves Investors should Listen
August 22, 2024, 22:06 pm ET, BY Thomas H. Kee Jr- Editor, Stock Traders Daily| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for BWFG
- Buy BWFG slightly over 25.08 target 27.7 stop loss @ 25.01 Details
The technical summary data tells us to buy BWFG near 25.08 with an upside target of 27.7. This data also tells us to set a stop loss @ 25.01 to protect against excessive loss in case the stock begins to move against the trade. 25.08 is the first level of support below 27.3 , and by rule, any test of support is a buy signal. In this case, support 25.08 is being tested, a buy signal would exist.
- Short BWFG slightly under 27.7, target 25.08, stop loss @ 27.78 Details
The technical summary data is suggesting a short of BWFG as it gets near 27.7 with a downside target of 25.08. We should have a stop loss in place at 27.78though. 27.7 is the first level of resistance above 27.3, and by rule, any test of resistance is a short signal. In this case, if resistance 27.7 is being tested, a short signal would exist.
Swing Trading Plans for BWFG
- Buy BWFG slightly over 27.73, target n/a, Stop Loss @ 27.65 Details
If 27.73 begins to break higher, the technical summary data tells us to buy BWFG just slightly over 27.73, with an upside target of n/a. The data also tells us to set a stop loss @ 27.65 in case the stock turns against the trade. 27.73 is the first level of resistance above 27.3, and by rule, any break above resistance is a buy signal. In this case, 27.73, 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 BWFG slightly near 27.73, target 26.69, Stop Loss @ 27.81. Details
The technical summary data is suggesting a short of BWFG if it tests 27.73 with a downside target of 26.69. We should have a stop loss in place at 27.81 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, 27.73, 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 BWFG
- Buy BWFG slightly over 27.73, target n/a, Stop Loss @ 27.67 Details
If 27.73 begins to break higher, the technical summary data tells us to buy BWFG just slightly over 27.73, with an upside target of n/a. The data also tells us to set a stop loss @ 27.67 in case the stock turns against the trade. 27.73 is the first level of resistance above 27.3, and by rule, any break above resistance is a buy signal. In this case, 27.73, 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 BWFG slightly near 27.73, target 26.69, Stop Loss @ 27.79. Details
The technical summary data is suggesting a short of BWFG if it tests 27.73 with a downside target of 26.69. We should have a stop loss in place at 27.79 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, 27.73, 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.
Check the time stamp on this data. Updated AI-Generated Signals for Bankwell Financial Group Inc. (BWFG) available here: BWFG.
BWFG Ratings for August 22:
| Term → | Near |
Mid |
Long |
|---|
| Rating |
Strong |
Neutral |
Neutral |
| P1 |
0 |
0 |
22.63 |
| P2 |
26.69 |
26.69 |
25.08 |
| P3 |
27.59 |
27.73 |
27.7 |
AI Generated Signals for BWFG
Blue = Current Price
Red= Resistance
Green = Support
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How do we know what is going on #behindthescenes of a company? According to Stock Traders Daily, a 20-year #financialindustry innovator, the best way to do this to to watch the price action in the stock. The Bankwell Financial Group Inc. (NASDAQ: BWFG) report below is a real world example. Included are trading plans for BWFG, but this report is static. If you want an update, or a different stock, please get one here Unlimited Real Time Reports.
Fundamental Charts for BWFG:
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