How the (BNKD) price action is used to our Advantage
July 16, 2024, 23:02 pm ET, BY Rick W.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for BNKD
- Buy BNKD slightly over 15.37 target 25.63 stop loss @ 15.33 Details
The technical summary data tells us to buy BNKD near 15.37 with an upside target of 25.63. This data also tells us to set a stop loss @ 15.33 to protect against excessive loss in case the stock begins to move against the trade. 15.37 is the first level of support below 18.37 , and by rule, any test of support is a buy signal. In this case, support 15.37 is being tested, a buy signal would exist.
- Short BNKD slightly under 25.63, target 15.37, stop loss @ 25.7 Details
The technical summary data is suggesting a short of BNKD as it gets near 25.63 with a downside target of 15.37. We should have a stop loss in place at 25.7though. 25.63 is the first level of resistance above 18.37, and by rule, any test of resistance is a short signal. In this case, if resistance 25.63 is being tested, a short signal would exist.
Swing Trading Plans for BNKD
- Buy BNKD slightly over 18.67, target 25.63, Stop Loss @ 18.62 Details
If 18.67 begins to break higher, the technical summary data tells us to buy BNKD just slightly over 18.67, with an upside target of 25.63. The data also tells us to set a stop loss @ 18.62 in case the stock turns against the trade. 18.67 is the first level of resistance above 18.37, and by rule, any break above resistance is a buy signal. In this case, 18.67, 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 BNKD slightly near 18.67, target 17.7, Stop Loss @ 18.72. Details
The technical summary data is suggesting a short of BNKD if it tests 18.67 with a downside target of 17.7. We should have a stop loss in place at 18.72 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, 18.67, 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 BNKD
- Buy BNKD slightly over 18.44, target 18.67, Stop Loss @ 18.4 Details
If 18.44 begins to break higher, the technical summary data tells us to buy BNKD just slightly over 18.44, with an upside target of 18.67. The data also tells us to set a stop loss @ 18.4 in case the stock turns against the trade. 18.44 is the first level of resistance above 18.37, and by rule, any break above resistance is a buy signal. In this case, 18.44, 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 BNKD slightly near 18.44, target 17.91, Stop Loss @ 18.48. Details
The technical summary data is suggesting a short of BNKD if it tests 18.44 with a downside target of 17.91. We should have a stop loss in place at 18.48 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, 18.44, 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 Bank Of Montreal Zc Sp Etn Redeem 25/03/2039 Usd 50 - Ser E Smtn (BNKD) available here: BNKD.
BNKD Ratings for July 16:
| Term → | Near |
Mid |
Long |
|---|
| Rating |
Weak |
Weak |
Weak |
| P1 |
0 |
0 |
7.2 |
| P2 |
17.91 |
17.7 |
15.37 |
| P3 |
18.44 |
18.67 |
25.63 |
AI Generated Signals for BNKD
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 Bank Of Montreal Zc Sp Etn Redeem 25/03/2039 Usd 50 - Ser E Smtn (NASDAQ: BNKD) data table below can help you with price action, and we have more details too. Trading plans for BNKD 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 BNKD:
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