When Brighthouse Financial Inc. Depositary Shares Each Representing A 1/1000th Interest In A Share Of 6.750% Non-cumulative Preferred Stock Series B ($BHFAO) Moves Investors should Listen

November 25, 2023, 00:00 am ET, BY Jeff W.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for BHFAO

• Buy BHFAO slightly over 20.79 target 22.52 stop loss @ 20.73 Details

The technical summary data tells us to buy BHFAO near 20.79 with an upside target of 22.52. This data also tells us to set a stop loss @ 20.73 to protect against excessive loss in case the stock begins to move against the trade. 20.79 is the first level of support below 21.79 , and by rule, any test of support is a buy signal. In this case, support 20.79 would be being tested, so a buy signal would exist.

• Short BHFAO slightly under 22.52, target 20.79, stop loss @ 22.59 Details

The technical summary data is suggesting a short of BHFAO as it gets near 22.52 with a downside target of 20.79. We should have a stop loss in place at 22.59though. 22.52 is the first level of resistance above 21.79, and by rule, any test of resistance is a short signal. In this case, if resistance 22.52 is being tested, so a short signal would exist.

Swing Trading Plans for BHFAO

• Buy BHFAO slightly over 21.89, target 22.7, Stop Loss @ 21.83 Details

If 21.89 begins to break higher, the technical summary data tells us to buy BHFAO just slightly over 21.89, with an upside target of 22.7. The data also tells us to set a stop loss @ 21.83 in case the stock turns against the trade. 21.89 is the first level of resistance above 21.79, and by rule, any break above resistance is a buy signal. In this case, 21.89, 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 BHFAO slightly near 21.89, target 20.79, Stop Loss @ 21.95. Details

The technical summary data is suggesting a short of BHFAO if it tests 21.89 with a downside target of 20.79. We should have a stop loss in place at 21.95 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, 21.89, 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 BHFAO

• Buy BHFAO slightly over 21.89, target 22.29, Stop Loss @ 21.84 Details

If 21.89 begins to break higher, the technical summary data tells us to buy BHFAO just slightly over 21.89, with an upside target of 22.29. The data also tells us to set a stop loss @ 21.84 in case the stock turns against the trade. 21.89 is the first level of resistance above 21.79, and by rule, any break above resistance is a buy signal. In this case, 21.89, 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 BHFAO slightly near 21.89, target 20.79, Stop Loss @ 21.94. Details

The technical summary data is suggesting a short of BHFAO if it tests 21.89 with a downside target of 20.79. We should have a stop loss in place at 21.94 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, 21.89, 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  Brighthouse Financial Inc. Depositary Shares Each Representing A 1/1000th Interest In A Share Of 6.750% Non-cumulative Preferred Stock Series B (BHFAO) available here: BHFAO.

BHFAO Ratings for November 25:

Term →	Near	Mid	Long
Rating	Strong	Strong	Neutral
P1	0	0	20.79
P2	22.29	21.89	22.52
P3	22.77	22.7	23.97

AI Generated Signals for BHFAO

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How do we know what is going on #behindthescenes of a company?  According to Stock Traders Daily, a 20-year #financialindustry innovator, the best way to do this to to watch the price action in the stock. The  Brighthouse Financial Inc. Depositary Shares Each Representing A 1/1000th Interest In A Share Of 6.750% Non-cumulative Preferred Stock Series B (NASDAQ: BHFAO) report below is a real world example. Included are trading plans for BHFAO, but this report is static. If you want an update, or a different stock, please get one here Unlimited Real Time Reports.