Trading (BDC) With Integrated Risk Controls
January 15, 2024, 14:58 pm ET, BY Robert S.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for BDC
- Buy BDC slightly over 67.5 target 79.04 stop loss @ 67.31 Details
The technical summary data tells us to buy BDC near 67.5 with an upside target of 79.04. This data also tells us to set a stop loss @ 67.31 to protect against excessive loss in case the stock begins to move against the trade. 67.5 is the first level of support below 73.05 , and by rule, any test of support is a buy signal. In this case, support 67.5 would be being tested, so a buy signal would exist.
- Short BDC slightly under 79.04, target 67.5, stop loss @ 79.27 Details
The technical summary data is suggesting a short of BDC as it gets near 79.04 with a downside target of 67.5. We should have a stop loss in place at 79.27though. 79.04 is the first level of resistance above 73.05, and by rule, any test of resistance is a short signal. In this case, if resistance 79.04 is being tested, so a short signal would exist.
Swing Trading Plans for BDC
- Buy BDC slightly over 79.04, target 90.41, Stop Loss @ 78.81 Details
If 79.04 begins to break higher, the technical summary data tells us to buy BDC just slightly over 79.04, with an upside target of 90.41. The data also tells us to set a stop loss @ 78.81 in case the stock turns against the trade. 79.04 is the first level of resistance above 73.05, and by rule, any break above resistance is a buy signal. In this case, 79.04, 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 79.04, target 73.03, Stop Loss @ 79.27. Details
The technical summary data is suggesting a short of BDC if it tests 79.04 with a downside target of 73.03. We should have a stop loss in place at 79.27 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, 79.04, 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 73.26, target 79.04, Stop Loss @ 73.09 Details
If 73.26 begins to break higher, the technical summary data tells us to buy BDC just slightly over 73.26, with an upside target of 79.04. The data also tells us to set a stop loss @ 73.09 in case the stock turns against the trade. 73.26 is the first level of resistance above 73.05, and by rule, any break above resistance is a buy signal. In this case, 73.26, 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 73.26, target 73.03, Stop Loss @ 73.43. Details
The technical summary data is suggesting a short of BDC if it tests 73.26 with a downside target of 73.03. We should have a stop loss in place at 73.43 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, 73.26, 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 15:
| Term → | Near |
Mid |
Long |
|---|
| Rating |
Weak |
Weak |
Neutral |
| P1 |
0 |
0 |
67.5 |
| P2 |
72.28 |
71.39 |
79.04 |
| P3 |
73.26 |
73.03 |
90.41 |
AI Generated Signals for BDC
Blue = Current Price
Red= Resistance
Green = Support
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Fundamental Charts for BDC:
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