Learn to Evaluate (BIO) using the Charts
October 31, 2024, 03:56 am ET, BY Rick O.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for BIO
- Buy BIO near 318.1 target 350.58 stop loss @ 317.18 Details
The technical summary data tells us to buy BIO near 318.1 with an upside target of 350.58. This data also tells us to set a stop loss @ 317.18 to protect against excessive loss in case the stock begins to move against the trade. 318.1 is the first level of support below 330.58 , and by rule, any test of support is a buy signal. In this case, support 318.1 is being tested, a buy signal would exist.
- Short BIO slightly under 350.58, target 318.1, stop loss @ 351.59 Details
The technical summary data is suggesting a short of BIO as it gets near 350.58 with a downside target of 318.1. We should have a stop loss in place at 351.59though. 350.58 is the first level of resistance above 330.58, and by rule, any test of resistance is a short signal. In this case, if resistance 350.58 is being tested, a short signal would exist.
Swing Trading Plans for BIO
- Buy BIO slightly over 332.59, target 350.58, Stop Loss @ 331.63 Details
If 332.59 begins to break higher, the technical summary data tells us to buy BIO just slightly over 332.59, with an upside target of 350.58. The data also tells us to set a stop loss @ 331.63 in case the stock turns against the trade. 332.59 is the first level of resistance above 330.58, and by rule, any break above resistance is a buy signal. In this case, 332.59, 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 BIO slightly near 332.59, target 320.35, Stop Loss @ 333.55. Details
The technical summary data is suggesting a short of BIO if it tests 332.59 with a downside target of 320.35. We should have a stop loss in place at 333.55 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, 332.59, 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 BIO
- Buy BIO slightly over 332.59, target 333.74, Stop Loss @ 331.81 Details
If 332.59 begins to break higher, the technical summary data tells us to buy BIO just slightly over 332.59, with an upside target of 333.74. The data also tells us to set a stop loss @ 331.81 in case the stock turns against the trade. 332.59 is the first level of resistance above 330.58, and by rule, any break above resistance is a buy signal. In this case, 332.59, 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 BIO slightly near 332.59, target 324.84, Stop Loss @ 333.37. Details
The technical summary data is suggesting a short of BIO if it tests 332.59 with a downside target of 324.84. We should have a stop loss in place at 333.37 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, 332.59, 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 Bio-rad Laboratories Inc. Class A (BIO) available here: BIO.
BIO Ratings for October 31:
| Term → | Near |
Mid |
Long |
|---|
| Rating |
Neutral |
Neutral |
Neutral |
| P1 |
0 |
0 |
286.77 |
| P2 |
324.84 |
320.35 |
318.1 |
| P3 |
333.74 |
332.59 |
350.58 |
AI Generated Signals for BIO
Blue = Current Price
Red= Resistance
Green = Support
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When #institutionalinvestors make decisions to buy and sell #stocks they normally want to keep it quiet. However, if we pay close attention we can see what is going on, and make good decisions.. The Bio-rad Laboratories Inc. Class A (NYSE: BIO) report below can help you understand how to do this. The trading plans for BIO, are updated in real time for subscribers, but this report is static. If you want an update, or a different report on a different stock, please get one here Unlimited Real Time Reports.
Fundamental Charts for BIO:
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