When (BLD) Moves Investors should Listen

November 21, 2024, 17:06 pm ET, BY Simon M.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for BLD

• Buy BLD near 356.63 target 403.29 stop loss @ 355.6 Details

The technical summary data tells us to buy BLD near 356.63 with an upside target of 403.29. This data also tells us to set a stop loss @ 355.6 to protect against excessive loss in case the stock begins to move against the trade. 356.63 is the first level of support below 361.25 , and by rule, any test of support is a buy signal. In this case, support 356.63 would be being tested, so a buy signal would exist.

• Short BLD slightly under 403.29, target 356.63, stop loss @ 404.45 Details

The technical summary data is suggesting a short of BLD as it gets near 403.29 with a downside target of 356.63. We should have a stop loss in place at 404.45though. 403.29 is the first level of resistance above 361.25, and by rule, any test of resistance is a short signal. In this case, if resistance 403.29 is being tested, so a short signal would exist.

Swing Trading Plans for BLD

• Buy BLD slightly over 403.29, target 453.56, Stop Loss @ 402.13 Details

If 403.29 begins to break higher, the technical summary data tells us to buy BLD just slightly over 403.29, with an upside target of 453.56. The data also tells us to set a stop loss @ 402.13 in case the stock turns against the trade. 403.29 is the first level of resistance above 361.25, and by rule, any break above resistance is a buy signal. In this case, 403.29, 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 BLD slightly near 403.29, target 356.63, Stop Loss @ 404.45. Details

The technical summary data is suggesting a short of BLD if it tests 403.29 with a downside target of 356.63. We should have a stop loss in place at 404.45 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, 403.29, 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 BLD

• Buy BLD slightly over 403.29, target 453.56, Stop Loss @ 402.35 Details

If 403.29 begins to break higher, the technical summary data tells us to buy BLD just slightly over 403.29, with an upside target of 453.56. The data also tells us to set a stop loss @ 402.35 in case the stock turns against the trade. 403.29 is the first level of resistance above 361.25, and by rule, any break above resistance is a buy signal. In this case, 403.29, 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 BLD slightly near 403.29, target 356.63, Stop Loss @ 404.23. Details

The technical summary data is suggesting a short of BLD if it tests 403.29 with a downside target of 356.63. We should have a stop loss in place at 404.23 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, 403.29, 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  Topbuild Corp. (BLD) available here: BLD.

BLD Ratings for November 21:

Term →	Near	Mid	Long
Rating	Weak	Neutral	Neutral
P1	0	0	356.63
P2	340.4	341.75	403.29
P3	351.22	353.63	453.56

AI Generated Signals for BLD

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