Brunswick BC Trading Advice

Source: Stock Traders Daily

Longer Term Trading Plans for BC
  • Buy BC slightly slightly over 60.40 target 69.84 stop loss @ 60.23 Details
  • The technical summary data tells us to buy BC near 60.40 with an upside target of 69.84. This data also tells us to set a stop loss @ 60.23 to protect against excessive loss in case the stock begins to move against the trade. 60.40 is the first level of support below 68.08 , and by rule, any test of support is a buy signal. In this case, support 60.40 would be being tested, so a buy signal would exist.

  • Short BC slightly under 69.84, target 60.40, stop loss @ 70.04 Details
  • The technical summary data is suggesting a short of BC as it gets near 69.84 with a downside target of 60.40. We should have a stop loss in place at 70.04though. 69.84 is the first level of resistance above 68.08, and by rule, any test of resistance is a short signal. In this case, if resistance 69.84 is being tested, so a short signal would exist.

Swing Trading Plans for BC
  • Buy BC slightly slightly over 69.84, target 73.10, Stop Loss @ 69.64 Details
  • If 69.84 begins to break higher, the technical summary data tells us to buy BC just slightly over 69.84, with an upside target of 73.10. The data also tells us to set a stop loss @ 69.64 in case the stock turns against the trade. 69.84 is the first level of resistance above 68.08, and by rule, any break above resistance is a buy signal. In this case, 69.84, 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 BC slightly near 69.84, target 60.40, Stop Loss @ 70.04. Details
  • The technical summary data is suggesting a short of BC if it tests 69.84 with a downside target of 60.40. We should have a stop loss in place at 70.04 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, 69.84, 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 BC
  • Buy BC slightly slightly over 68.85, target 69.84, Stop Loss @ 68.69 Details
  • If 68.85 begins to break higher, the technical summary data tells us to buy BC just slightly over 68.85, with an upside target of 69.84. The data also tells us to set a stop loss @ 68.69 in case the stock turns against the trade. 68.85 is the first level of resistance above 68.08, and by rule, any break above resistance is a buy signal. In this case, 68.85, 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 BC slightly near 68.85, target 60.40, Stop Loss @ 69.01. Details
  • The technical summary data is suggesting a short of BC if it tests 68.85 with a downside target of 60.40. We should have a stop loss in place at 69.01 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, 68.85, 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.

BC Ratings for September 23:

Term →Near Mid Long
Rating Weak Weak Weak
P1 0 0 60.40
P2 68.85 69.71 69.84
P3 71.58 73.10 78.79

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BC Long Term Analysis for September 23 2022


BC Swing Trading Analysis for September 23 2022


BC Day Trading Analysis for September 23 2022

This report was produced using AI developed by Stock Traders Daily.  Over the past 20 years this proprietary AI has been refined to help identify the most opportune trading strategies for both individual stocks and the stock markets themselves.  This methodology is also applied to Index options, ETFs, and futures.  The objective of this specific report is to optimize trading in Brunswick (NYSE: BC) while incorporating prudent risk controls.

Warning:

This is a static report, the data below was valid at the time of the publication, but support and resistance levels for BC change over time, so the report should be updated regularly.  Real Time updates are provided to subscribers.  Unlimited Real Time Reports.

Subscribers also receive market analysis, stock correlation tools, macroeconomic observations, timing tools, and protection from market crashes using Evitar Corte.  

Instructions:

The rules that govern the data in this report are the rules of Technical Analysis.  For example, if BC is testing support buy signals surface, and resistance is the target.  Conversely, if resistance is being tested, that is a sign to control risk or short, and support would be the downside target accordingly.  In each case, the trigger point is designed to be both an ideal place to enter a position (avoid trading in the middle of a trading channel), and it acts as a level of risk control too.

Swing Trades, Day Trades, and Longer term Trading Plans:

This data is refined to differentiate trading plans for Day Trading, Swing Trading, and Long Term Investing plans for BC too.  All of these are offered below the Summary Table.