(BUFC) Investment Analysis

August 19, 2024, 14:04 pm ET, BY Robert S.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for BUFC

• Buy BUFC slightly over 37.73 target 38.13 stop loss @ 37.62 Details

The technical summary data tells us to buy BUFC near 37.73 with an upside target of 38.13. This data also tells us to set a stop loss @ 37.62 to protect against excessive loss in case the stock begins to move against the trade. 37.73 is the first level of support below 38.0999 , and by rule, any test of support is a buy signal. In this case, support 37.73 is being tested, a buy signal would exist.

• Short BUFC slightly under 38.13, target 37.73, stop loss @ 38.24 Details

The technical summary data is suggesting a short of BUFC as it gets near 38.13 with a downside target of 37.73. We should have a stop loss in place at 38.24though. 38.13 is the first level of resistance above 38.0999, and by rule, any test of resistance is a short signal. In this case, if resistance 38.13 is being tested, a short signal would exist.

Swing Trading Plans for BUFC

• Buy BUFC slightly over 38.13, target n/a, Stop Loss @ 38.02 Details

If 38.13 begins to break higher, the technical summary data tells us to buy BUFC just slightly over 38.13, with an upside target of n/a. The data also tells us to set a stop loss @ 38.02 in case the stock turns against the trade. 38.13 is the first level of resistance above 38.0999, and by rule, any break above resistance is a buy signal. In this case, 38.13, 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 BUFC slightly near 38.13, target 37.73, Stop Loss @ 38.24. Details

The technical summary data is suggesting a short of BUFC if it tests 38.13 with a downside target of 37.73. We should have a stop loss in place at 38.24 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, 38.13, 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 BUFC

• Buy BUFC slightly over 38.13, target n/a, Stop Loss @ 38.04 Details

If 38.13 begins to break higher, the technical summary data tells us to buy BUFC just slightly over 38.13, with an upside target of n/a. The data also tells us to set a stop loss @ 38.04 in case the stock turns against the trade. 38.13 is the first level of resistance above 38.0999, and by rule, any break above resistance is a buy signal. In this case, 38.13, 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 BUFC slightly near 38.13, target 37.73, Stop Loss @ 38.22. Details

The technical summary data is suggesting a short of BUFC if it tests 38.13 with a downside target of 37.73. We should have a stop loss in place at 38.22 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, 38.13, 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 Ab Conservative Buffer Etf (BUFC) available here: BUFC.

BUFC Ratings for August 19:

Term →	Near	Mid	Long
Rating	Strong	Neutral	Neutral
P1	0	0	37.25
P2	38.08	37.57	37.73
P3	0	38.07	38.13

AI Generated Signals for BUFC

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Warning:

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

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Instructions:

The rules that govern the data in this report are the rules of Technical Analysis.  For example, if BUFC 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 BUFC too.  All of these are offered below the Summary Table.