When the Price of (BDC) Talks, People Listen
January 26, 2024, 13:18 pm ET, BY Jake B.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for BDC
- Buy BDC slightly over 66.21 target 77.23 stop loss @ 66.02 Details
The technical summary data tells us to buy BDC near 66.21 with an upside target of 77.23. This data also tells us to set a stop loss @ 66.02 to protect against excessive loss in case the stock begins to move against the trade. 66.21 is the first level of support below 75.045 , and by rule, any test of support is a buy signal. In this case, support 66.21 would be being tested, so a buy signal would exist.
- Short BDC slightly under 77.23, target 66.21, stop loss @ 77.45 Details
The technical summary data is suggesting a short of BDC as it gets near 77.23 with a downside target of 66.21. We should have a stop loss in place at 77.45though. 77.23 is the first level of resistance above 75.045, and by rule, any test of resistance is a short signal. In this case, if resistance 77.23 is being tested, so a short signal would exist.
Swing Trading Plans for BDC
- Buy BDC slightly over 75.13, target 77.23, Stop Loss @ 74.91 Details
If 75.13 begins to break higher, the technical summary data tells us to buy BDC just slightly over 75.13, with an upside target of 77.23. The data also tells us to set a stop loss @ 74.91 in case the stock turns against the trade. 75.13 is the first level of resistance above 75.045, and by rule, any break above resistance is a buy signal. In this case, 75.13, 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 BDC slightly near 75.13, target 73.14, Stop Loss @ 75.35. Details
The technical summary data is suggesting a short of BDC if it tests 75.13 with a downside target of 73.14. We should have a stop loss in place at 75.35 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, 75.13, 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 BDC
- Buy BDC slightly over 75.13, target 75.38, Stop Loss @ 74.95 Details
If 75.13 begins to break higher, the technical summary data tells us to buy BDC just slightly over 75.13, with an upside target of 75.38. The data also tells us to set a stop loss @ 74.95 in case the stock turns against the trade. 75.13 is the first level of resistance above 75.045, and by rule, any break above resistance is a buy signal. In this case, 75.13, 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 BDC slightly near 75.13, target 74.07, Stop Loss @ 75.31. Details
The technical summary data is suggesting a short of BDC if it tests 75.13 with a downside target of 74.07. We should have a stop loss in place at 75.31 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, 75.13, 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 Belden Inc (BDC) available here: BDC.
BDC Ratings for January 26:
| Term → | Near |
Mid |
Long |
|---|
| Rating |
Strong |
Neutral |
Weak |
| P1 |
0 |
0 |
66.21 |
| P2 |
74.07 |
73.14 |
77.23 |
| P3 |
75.38 |
75.13 |
88 |
AI Generated Signals for BDC
Blue = Current Price
Red= Resistance
Green = Support
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This is not EF Hutton, but it could be more #powerful. A picture speaks a thousand words, they say, and the #priceaction of Belden Inc (NYSE: BDC) tells an important story. The movement tells us where investors perceive value, or the lack of it, and if we pay attention we can capture opportunity. The data below for BDC can be used as an example, and demonstrate how to do this for other stocks too. This data was current at the time of publication, but it is not updated in real time here. If you want real time updates, or data on a different stock, please get one here Unlimited Real Time Reports.
Fundamental Charts for BDC:
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