How the (BTHM) price action is used to our Advantage
June 27, 2024, 11:40 am ET, BY Joseph H.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for BTHM
- Buy BTHM slightly over 30.12 target 31.37 stop loss @ 30.03 Details
The technical summary data tells us to buy BTHM near 30.12 with an upside target of 31.37. This data also tells us to set a stop loss @ 30.03 to protect against excessive loss in case the stock begins to move against the trade. 30.12 is the first level of support below 31.1901 , and by rule, any test of support is a buy signal. In this case, support 30.12 is being tested, a buy signal would exist.
- Short BTHM slightly under 31.37, target 30.12, stop loss @ 31.46 Details
The technical summary data is suggesting a short of BTHM as it gets near 31.37 with a downside target of 30.12. We should have a stop loss in place at 31.46though. 31.37 is the first level of resistance above 31.1901, and by rule, any test of resistance is a short signal. In this case, if resistance 31.37 is being tested, a short signal would exist.
Swing Trading Plans for BTHM
- Buy BTHM slightly over 31.37, target 31.82, Stop Loss @ 31.28 Details
If 31.37 begins to break higher, the technical summary data tells us to buy BTHM just slightly over 31.37, with an upside target of 31.82. The data also tells us to set a stop loss @ 31.28 in case the stock turns against the trade. 31.37 is the first level of resistance above 31.1901, and by rule, any break above resistance is a buy signal. In this case, 31.37, 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 BTHM slightly near 31.37, target 30.12, Stop Loss @ 31.46. Details
The technical summary data is suggesting a short of BTHM if it tests 31.37 with a downside target of 30.12. We should have a stop loss in place at 31.46 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, 31.37, 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 BTHM
- Buy BTHM slightly over 31.37, target 31.82, Stop Loss @ 31.3 Details
If 31.37 begins to break higher, the technical summary data tells us to buy BTHM just slightly over 31.37, with an upside target of 31.82. The data also tells us to set a stop loss @ 31.3 in case the stock turns against the trade. 31.37 is the first level of resistance above 31.1901, and by rule, any break above resistance is a buy signal. In this case, 31.37, 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 BTHM slightly near 31.37, target 30.12, Stop Loss @ 31.44. Details
The technical summary data is suggesting a short of BTHM if it tests 31.37 with a downside target of 30.12. We should have a stop loss in place at 31.44 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, 31.37, 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 Blackrock Future U.s. Themes Etf (BTHM) available here: BTHM.
BTHM Ratings for June 27:
| Term → | Near |
Mid |
Long |
|---|
| Rating |
Weak |
Strong |
Strong |
| P1 |
0 |
0 |
28.82 |
| P2 |
31 |
31.18 |
30.12 |
| P3 |
0 |
31.82 |
31.37 |
AI Generated Signals for BTHM
Blue = Current Price
Red= Resistance
Green = Support
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Our job as #investors is to pay attention to the #stocks we own. Part of that involves looking at the #fundamentals, but half of the disclosure comes from looking at price action. The Blackrock Future U.s. Themes Etf (NASDAQ: BTHM) data table below can help you with price action, and we have more details too. Trading plans for BTHM are shown here too; these plans are updated in real time for subscribers, where this report is static. If you want an update, or a report on a different stock, please get one here Unlimited Real Time Reports.
Fundamental Charts for BTHM:
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