When (BCPC) Moves Investors should Listen

March 10, 2024, 20:40 pm ET, BY Randall S.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for BCPC

• Buy BCPC slightly over 152.34 target n/a stop loss @ 151.9. Details

The technical summary data tells us to buy BCPC near 152.34, but there is no current upside target from the summary table. In this case we should wait until either an update to the summary table has been made (which usually happens at the beginning of every trading day), or until the position has been stopped. The data does tell us to set a stop loss 151.9 to protect against excessive loss in case the stock begins to move against the trade. 152.34 is the first level of support below 156.42, and by rule, any test of support is a buy signal. In this case, if support 152.34 is being tested, a buy signal would exist.

• NONE . Details

NONE .
There are no current resistance levels from the summary table, and therefore there are no Short resistance Plans which tell us to short upon tests of resistance. Resistance levels have broken higher and unless the stock reverses lower and below support levels again short positions look risky.

Swing Trading Plans for BCPC

• Buy BCPC slightly over 158.79, target n/a, Stop Loss @ 158.33 Details

If 158.79 begins to break higher, the technical summary data tells us to buy BCPC just slightly over 158.79, with an upside target of n/a. The data also tells us to set a stop loss @ 158.33 in case the stock turns against the trade. 158.79 is the first level of resistance above 156.42, and by rule, any break above resistance is a buy signal. In this case, 158.79, 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 BCPC slightly near 158.79, target 156.09, Stop Loss @ 159.25. Details

The technical summary data is suggesting a short of BCPC if it tests 158.79 with a downside target of 156.09. We should have a stop loss in place at 159.25 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, 158.79, 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 BCPC

• Buy BCPC slightly over 156.47, target 158.32, Stop Loss @ 156.1 Details

If 156.47 begins to break higher, the technical summary data tells us to buy BCPC just slightly over 156.47, with an upside target of 158.32. The data also tells us to set a stop loss @ 156.1 in case the stock turns against the trade. 156.47 is the first level of resistance above 156.42, and by rule, any break above resistance is a buy signal. In this case, 156.47, 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 BCPC slightly near 156.47, target 156.09, Stop Loss @ 156.84. Details

The technical summary data is suggesting a short of BCPC if it tests 156.47 with a downside target of 156.09. We should have a stop loss in place at 156.84 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, 156.47, 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  Balchem Corporation (BCPC) available here: BCPC.

BCPC Ratings for March 10:

Term →	Near	Mid	Long
Rating	Neutral	Strong	Neutral
P1	0	0	129.83
P2	156.47	156.09	141.18
P3	158.32	158.79	152.34

AI Generated Signals for BCPC

Real Time Updates for Repeat Institutional Readers:

• Factset: Request User/Pass
• Bloomberg, Reuters, Refinitiv, Zacks, or IB users: Access Here.

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

Market Crash Leading Indicator

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

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  Balchem Corporation (NASDAQ: BCPC) report below is a real world example. Included are trading plans for BCPC, but this report is static. If you want an update, or a different stock, please get one here Unlimited Real Time Reports.