When the Price of (BSMQ) Talks, People Listen
October 09, 2024, 16:38 pm ET, BY Robert S.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for BSMQ
- Buy BSMQ near 23.45 target 23.86 stop loss @ 23.38 Details
The technical summary data tells us to buy BSMQ near 23.45 with an upside target of 23.86. This data also tells us to set a stop loss @ 23.38 to protect against excessive loss in case the stock begins to move against the trade. 23.45 is the first level of support below 23.62 , and by rule, any test of support is a buy signal. In this case, support 23.45 would be being tested, so a buy signal would exist.
- Short BSMQ slightly under 23.86, target 23.45, stop loss @ 23.93 Details
The technical summary data is suggesting a short of BSMQ as it gets near 23.86 with a downside target of 23.45. We should have a stop loss in place at 23.93though. 23.86 is the first level of resistance above 23.62, and by rule, any test of resistance is a short signal. In this case, if resistance 23.86 is being tested, so a short signal would exist.
Swing Trading Plans for BSMQ
- Buy BSMQ slightly over n/a, target n/a, Stop Loss @ 0 Details
If n/a begins to break higher, the technical summary data tells us to buy BSMQ just slightly over n/a, with an upside target of n/a. The data also tells us to set a stop loss @ 0 in case the stock turns against the trade. n/a is the first level of resistance above 23.62, and by rule, any break above resistance is a buy signal. In this case, n/a, 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 BSMQ slightly near n/a, target 23.45, Stop Loss @ 0. Details
The technical summary data is suggesting a short of BSMQ if it tests n/a with a downside target of 23.45. We should have a stop loss in place at 0 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, n/a, 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 BSMQ
- Buy BSMQ slightly over 23.86, target n/a, Stop Loss @ 23.8 Details
If 23.86 begins to break higher, the technical summary data tells us to buy BSMQ just slightly over 23.86, with an upside target of n/a. The data also tells us to set a stop loss @ 23.8 in case the stock turns against the trade. 23.86 is the first level of resistance above 23.62, and by rule, any break above resistance is a buy signal. In this case, 23.86, 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 BSMQ slightly near 23.86, target 23.45, Stop Loss @ 23.92. Details
The technical summary data is suggesting a short of BSMQ if it tests 23.86 with a downside target of 23.45. We should have a stop loss in place at 23.92 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, 23.86, 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 Invesco Bulletshares 2026 Municipal Bond Etf (BSMQ) available here: BSMQ.
BSMQ Ratings for October 09:
Term → | Near |
Mid |
Long |
Rating |
Neutral |
Neutral |
Neutral |
P1 |
0 |
0 |
23.45 |
P2 |
23.66 |
23.7 |
23.86 |
P3 |
0 |
|
0 |
AI Generated Signals for BSMQ
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 Invesco Bulletshares 2026 Municipal Bond Etf (NASDAQ: BSMQ) 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 BSMQ 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 BSMQ: