When the Price of (BCO) Talks, People Listen

August 21, 2024, 05:52 am ET, BY Scott B.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for BCO

• Buy BCO slightly over 96.56 target 104 stop loss @ 96.28 Details

The technical summary data tells us to buy BCO near 96.56 with an upside target of 104. This data also tells us to set a stop loss @ 96.28 to protect against excessive loss in case the stock begins to move against the trade. 96.56 is the first level of support below 102.52 , and by rule, any test of support is a buy signal. In this case, support 96.56 would be being tested, so a buy signal would exist.

• Short BCO slightly under 104, target 96.56, stop loss @ 104.3 Details

The technical summary data is suggesting a short of BCO as it gets near 104 with a downside target of 96.56. We should have a stop loss in place at 104.3though. 104 is the first level of resistance above 102.52, and by rule, any test of resistance is a short signal. In this case, if resistance 104 is being tested, so a short signal would exist.

Swing Trading Plans for BCO

• Buy BCO slightly over 104, target 104.23, Stop Loss @ 103.7 Details

If 104 begins to break higher, the technical summary data tells us to buy BCO just slightly over 104, with an upside target of 104.23. The data also tells us to set a stop loss @ 103.7 in case the stock turns against the trade. 104 is the first level of resistance above 102.52, and by rule, any break above resistance is a buy signal. In this case, 104, 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 BCO slightly near 104, target 98.19, Stop Loss @ 104.3. Details

The technical summary data is suggesting a short of BCO if it tests 104 with a downside target of 98.19. We should have a stop loss in place at 104.3 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, 104, 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 BCO

• Buy BCO slightly over 103.36, target 104, Stop Loss @ 103.12 Details

If 103.36 begins to break higher, the technical summary data tells us to buy BCO just slightly over 103.36, with an upside target of 104. The data also tells us to set a stop loss @ 103.12 in case the stock turns against the trade. 103.36 is the first level of resistance above 102.52, and by rule, any break above resistance is a buy signal. In this case, 103.36, 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 BCO slightly near 103.36, target 98.19, Stop Loss @ 103.6. Details

The technical summary data is suggesting a short of BCO if it tests 103.36 with a downside target of 98.19. We should have a stop loss in place at 103.6 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, 103.36, 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 Brinks Company (the) (BCO) available here: BCO.

BCO Ratings for August 21:

Term →	Near	Mid	Long
Rating	Strong	Weak	Strong
P1	0	0	96.56
P2	103.36	98.19	104
P3	105	104.23	111.08

AI Generated Signals for BCO

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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 Brinks Company (the) (NYSE: BCO) 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 BCO 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.