Trading (BNL) With Integrated Risk Controls
October 31, 2024, 06:12 am ET, BY Rick O.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for BNL
- Buy BNL near 17.6 target 19.04 stop loss @ 17.55 Details
The technical summary data tells us to buy BNL near 17.6 with an upside target of 19.04. This data also tells us to set a stop loss @ 17.55 to protect against excessive loss in case the stock begins to move against the trade. 17.6 is the first level of support below 18.11 , and by rule, any test of support is a buy signal. In this case, support 17.6 is being tested, a buy signal would exist.
- Short BNL slightly under 19.04, target 17.6, stop loss @ 19.09 Details
The technical summary data is suggesting a short of BNL as it gets near 19.04 with a downside target of 17.6. We should have a stop loss in place at 19.09though. 19.04 is the first level of resistance above 18.11, and by rule, any test of resistance is a short signal. In this case, if resistance 19.04 is being tested, a short signal would exist.
Swing Trading Plans for BNL
- Buy BNL slightly over 19.04, target n/a, Stop Loss @ 18.99 Details
If 19.04 begins to break higher, the technical summary data tells us to buy BNL just slightly over 19.04, with an upside target of n/a. The data also tells us to set a stop loss @ 18.99 in case the stock turns against the trade. 19.04 is the first level of resistance above 18.11, and by rule, any break above resistance is a buy signal. In this case, 19.04, 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 BNL slightly near 19.04, target 18.11, Stop Loss @ 19.09. Details
The technical summary data is suggesting a short of BNL if it tests 19.04 with a downside target of 18.11. We should have a stop loss in place at 19.09 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, 19.04, 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 BNL
- Buy BNL slightly over 18.21, target 19.04, Stop Loss @ 18.17 Details
If 18.21 begins to break higher, the technical summary data tells us to buy BNL just slightly over 18.21, with an upside target of 19.04. The data also tells us to set a stop loss @ 18.17 in case the stock turns against the trade. 18.21 is the first level of resistance above 18.11, and by rule, any break above resistance is a buy signal. In this case, 18.21, 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 BNL slightly near 18.21, target 16.18, Stop Loss @ 18.25. Details
The technical summary data is suggesting a short of BNL if it tests 18.21 with a downside target of 16.18. We should have a stop loss in place at 18.25 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, 18.21, 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 Broadstone Net Lease Inc. (BNL) available here: BNL.
BNL Ratings for October 31:
| Term → | Near |
Mid |
Long |
|---|
| Rating |
Neutral |
Neutral |
Strong |
| P1 |
0 |
0 |
16.18 |
| P2 |
17.96 |
17.79 |
17.6 |
| P3 |
18.21 |
18.11 |
19.04 |
AI Generated Signals for BNL
Blue = Current Price
Red= Resistance
Green = Support
Real Time Updates for Repeat Institutional Readers:
Instructions:Click the Get Real Time Updates button below.
In the login prompt, select forgot username
Type the email you use for Factset
Use the user/pass you receive to login
You will have 24/7 access to real time updates.
From then on you can just click to get the real time update whenever you want.
GET REAL TIME UPDATES
Our Market Crash Leading Indicator isEvitar Corte.
Evitar Corte warned of market crash risk four times since 2000.
It identified the Internet Debacle before it happened.
It identified the Credit Crisis before it happened.
It identified the Corona Crash too.
See what Evitar Corte is Saying Now.
Get Notified When our Ratings Change:Take a Trial
Price matters most to #makingmoney in the #stockmarket. Celebrating 20 years, Stock Traders Daily provides the tools that help you develop investment strategies, and this is a good example. When we couple this with our market based analysis, the probabilities of going with the flow increases, and that is material over time. The Broadstone Net Lease Inc. (NYSE: BNL) report below can help you, but we have more details too. The trading plans for BNL, and the other 1000+ stocks we follow, are updated in real time for subscribers, but this report is static. If you want an update, or a different report, please get one here Unlimited Real Time Reports.
Fundamental Charts for BNL:
pool ads
