When the Price of (BN) Talks, People Listen
October 31, 2024, 05:56 am ET, BY Jeff W.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for BN
- Buy BN near 51.31 target 54.8 stop loss @ 51.16 Details
The technical summary data tells us to buy BN near 51.31 with an upside target of 54.8. This data also tells us to set a stop loss @ 51.16 to protect against excessive loss in case the stock begins to move against the trade. 51.31 is the first level of support below 54.04 , and by rule, any test of support is a buy signal. In this case, support 51.31 is being tested, a buy signal would exist.
- Short BN slightly under 54.8, target 51.31, stop loss @ 54.96 Details
The technical summary data is suggesting a short of BN as it gets near 54.8 with a downside target of 51.31. We should have a stop loss in place at 54.96though. 54.8 is the first level of resistance above 54.04, and by rule, any test of resistance is a short signal. In this case, if resistance 54.8 is being tested, a short signal would exist.
Swing Trading Plans for BN
- Buy BN slightly over 54.91, target n/a, Stop Loss @ 54.75 Details
If 54.91 begins to break higher, the technical summary data tells us to buy BN just slightly over 54.91, with an upside target of n/a. The data also tells us to set a stop loss @ 54.75 in case the stock turns against the trade. 54.91 is the first level of resistance above 54.04, and by rule, any break above resistance is a buy signal. In this case, 54.91, 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 BN slightly near 54.91, target 53.13, Stop Loss @ 55.07. Details
The technical summary data is suggesting a short of BN if it tests 54.91 with a downside target of 53.13. We should have a stop loss in place at 55.07 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, 54.91, 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 BN
- Buy BN slightly over 54.39, target 54.91, Stop Loss @ 54.26 Details
If 54.39 begins to break higher, the technical summary data tells us to buy BN just slightly over 54.39, with an upside target of 54.91. The data also tells us to set a stop loss @ 54.26 in case the stock turns against the trade. 54.39 is the first level of resistance above 54.04, and by rule, any break above resistance is a buy signal. In this case, 54.39, 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 BN slightly near 54.39, target 53.5, Stop Loss @ 54.52. Details
The technical summary data is suggesting a short of BN if it tests 54.39 with a downside target of 53.5. We should have a stop loss in place at 54.52 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, 54.39, 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 Brookfield Asset Management Inc Class A Limited (BN) available here: BN.
BN Ratings for October 31:
Term → | Near |
Mid |
Long |
Rating |
Neutral |
Neutral |
Strong |
P1 |
0 |
0 |
47.75 |
P2 |
53.5 |
53.13 |
51.31 |
P3 |
54.39 |
54.91 |
54.8 |
AI Generated Signals for BN
Blue = Current Price
Red= Resistance
Green = Support
Real Time Updates for Repeat Institutional Readers:
Instructions:Click the Get Real Time Updates button below.
In the login prompt, select forgot username
Type the email you use for Factset
Use the user/pass you receive to login
You will have 24/7 access to real time updates.
From then on you can just click to get the real time update whenever you want.
GET REAL TIME UPDATES
Our Market Crash Leading Indicator isEvitar Corte.
Evitar Corte warned of market crash risk four times since 2000.
It identified the Internet Debacle before it happened.
It identified the Credit Crisis before it happened.
It identified the Corona Crash too.
See what Evitar Corte is Saying Now.
Get Notified When our Ratings Change:Take a Trial
This is not EF Hutton, but it could be more #powerful. A picture speaks a thousand words, they say, and the #priceaction of Brookfield Asset Management Inc Class A Limited (NYSE: BN) 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 BN 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 BN: