(BSJT) Investment Analysis

November 29, 2024, 16:46 pm ET, BY Simon M.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for BSJT

• Buy BSJT near 21.6 target 21.95 stop loss @ 21.54 Details

The technical summary data tells us to buy BSJT near 21.6 with an upside target of 21.95. This data also tells us to set a stop loss @ 21.54 to protect against excessive loss in case the stock begins to move against the trade. 21.6 is the first level of support below 21.725 , and by rule, any test of support is a buy signal. In this case, support 21.6 is being tested, a buy signal would exist.

• Short BSJT slightly under 21.95, target 21.6, stop loss @ 22.01 Details

The technical summary data is suggesting a short of BSJT as it gets near 21.95 with a downside target of 21.6. We should have a stop loss in place at 22.01though. 21.95 is the first level of resistance above 21.725, and by rule, any test of resistance is a short signal. In this case, if resistance 21.95 is being tested, a short signal would exist.

Swing Trading Plans for BSJT

• Buy BSJT 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 BSJT 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 21.725, 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 BSJT slightly near n/a, target 21.71, Stop Loss @ 0. Details

The technical summary data is suggesting a short of BSJT if it tests n/a with a downside target of 21.71. 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 BSJT

• Buy BSJT slightly over 21.95, target n/a, Stop Loss @ 21.9 Details

If 21.95 begins to break higher, the technical summary data tells us to buy BSJT just slightly over 21.95, with an upside target of n/a. The data also tells us to set a stop loss @ 21.9 in case the stock turns against the trade. 21.95 is the first level of resistance above 21.725, and by rule, any break above resistance is a buy signal. In this case, 21.95, 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 BSJT slightly near 21.95, target 21.71, Stop Loss @ 22. Details

The technical summary data is suggesting a short of BSJT if it tests 21.95 with a downside target of 21.71. We should have a stop loss in place at 22 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, 21.95, 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 2029 High Yield Corporate Bond Etf (BSJT) available here: BSJT.

BSJT Ratings for November 29:

Term →	Near	Mid	Long
Rating	Neutral	Neutral	Neutral
P1	0	0	21.27
P2	21.71	21.71	21.6
P3	0		21.95

AI Generated Signals for BSJT

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Warning:

This is a static report, the data below was valid at the time of the publication, but support and resistance levels for BSJT change over time, so the report should be updated regularly.  Real Time updates are provided to subscribers.  Unlimited Real Time Reports.

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Instructions:

The rules that govern the data in this report are the rules of Technical Analysis.  For example, if BSJT is testing support buy signals surface, and resistance is the target.  Conversely, if resistance is being tested, that is a sign to control risk or short, and support would be the downside target accordingly.  In each case, the trigger point is designed to be both an ideal place to enter a position (avoid trading in the middle of a trading channel), and it acts as a level of risk control too.

Swing Trades, Day Trades, and Longer term Trading Plans:

This data is refined to differentiate trading plans for Day Trading, Swing Trading, and Long Term Investing plans for BSJT too.  All of these are offered below the Summary Table.