When Spdr Bloomberg Intl Treasury Bond Etf (BWX) Moves Investors should Listen

September 13, 2022, 19:00 pm ET, BY Patrick- Contributor, Stock Traders Daily| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

How do we know what is going on #behindthescenes of a company?  According to Stock Traders Daily, a 20-year #financialindustry innovator, the best way to do this to to watch the price action in the stock. The  Spdr Bloomberg Intl Treasury Bond Etf (NYSE: BWX) report below is a real world example. Included are trading plans for BWX, but this report is static. If you want an update, or a different stock, please get one here Unlimited Real Time Reports. 

Longer Term Trading Plans for BWX

• Buy BWX slightly over 21.67 target 22.65 stop loss @ 21.61 Details

The technical summary data tells us to buy BWX near 21.67 with an upside target of 22.65. This data also tells us to set a stop loss @ 21.61 to protect against excessive loss in case the stock begins to move against the trade. 21.67 is the first level of support below 21.81 , and by rule, any test of support is a buy signal. In this case, support 21.67 would be being tested, so a buy signal would exist.

• Short BWX under 22.65, target 21.67, stop loss @ 22.72 Details

The technical summary data is suggesting a short of BWX as it gets near 22.65 with a downside target of 21.67. We should have a stop loss in place at 22.72though. 22.65 is the first level of resistance above 21.81, and by rule, any test of resistance is a short signal. In this case, if resistance 22.65 is being tested, so a short signal would exist.

Swing Trading Plans for BWX

• Buy BWX slightly over 21.99, target 22.65, Stop Loss @ 21.93 Details

If 21.99 begins to break higher, the technical summary data tells us to buy BWX just slightly over 21.99, with an upside target of 22.65. The data also tells us to set a stop loss @ 21.93 in case the stock turns against the trade. 21.99 is the first level of resistance above 21.81, and by rule, any break above resistance is a buy signal. In this case, 21.99, 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 BWX near 21.99, target 21.67, Stop Loss @ 22.05. Details

The technical summary data is suggesting a short of BWX if it tests 21.99 with a downside target of 21.67. We should have a stop loss in place at 22.05 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, 21.99, 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 BWX

• Buy BWX slightly over 22.10, target 22.65, Stop Loss @ 22.05 Details

If 22.10 begins to break higher, the technical summary data tells us to buy BWX just slightly over 22.10, with an upside target of 22.65. The data also tells us to set a stop loss @ 22.05 in case the stock turns against the trade. 22.10 is the first level of resistance above 21.81, and by rule, any break above resistance is a buy signal. In this case, 22.10, 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 BWX near 22.10, target n/a, Stop Loss @ 22.15. Details

The technical summary data is suggesting a short of BWX if it tests 22.10 with a downside target of n/a. We should have a stop loss in place at 22.15 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, 22.10, 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.

BWX Ratings for September 13:

Term →	Near	Mid	Long
Rating	Weak	Weak	Weak
P1	0	0	21.67
P2	21.83	21.63	22.65
P3	22.10	21.99	23.61

Support and Resistance Plot Chart for BWX

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