Learn to Evaluate (BHFAN) using the Charts

October 20, 2024, 06:58 am ET, BY Thomas Y.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for BHFAN

• Buy BHFAN near 20.26 target 21.51 stop loss @ 20.2 Details

The technical summary data tells us to buy BHFAN near 20.26 with an upside target of 21.51. This data also tells us to set a stop loss @ 20.2 to protect against excessive loss in case the stock begins to move against the trade. 20.26 is the first level of support below 21.26 , and by rule, any test of support is a buy signal. In this case, support 20.26 is being tested, a buy signal would exist.

• Short BHFAN slightly under 21.51, target 20.26, stop loss @ 21.57 Details

The technical summary data is suggesting a short of BHFAN as it gets near 21.51 with a downside target of 20.26. We should have a stop loss in place at 21.57though. 21.51 is the first level of resistance above 21.26, and by rule, any test of resistance is a short signal. In this case, if resistance 21.51 is being tested, a short signal would exist.

Swing Trading Plans for BHFAN

• Buy BHFAN slightly over 21.51, target n/a, Stop Loss @ 21.45 Details

If 21.51 begins to break higher, the technical summary data tells us to buy BHFAN just slightly over 21.51, with an upside target of n/a. The data also tells us to set a stop loss @ 21.45 in case the stock turns against the trade. 21.51 is the first level of resistance above 21.26, and by rule, any break above resistance is a buy signal. In this case, 21.51, 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 BHFAN slightly near 21.51, target 21.22, Stop Loss @ 21.57. Details

The technical summary data is suggesting a short of BHFAN if it tests 21.51 with a downside target of 21.22. We should have a stop loss in place at 21.57 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, 21.51, 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 BHFAN

• Buy BHFAN slightly over 21.51, target n/a, Stop Loss @ 21.46 Details

If 21.51 begins to break higher, the technical summary data tells us to buy BHFAN just slightly over 21.51, with an upside target of n/a. The data also tells us to set a stop loss @ 21.46 in case the stock turns against the trade. 21.51 is the first level of resistance above 21.26, and by rule, any break above resistance is a buy signal. In this case, 21.51, 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 BHFAN slightly near 21.51, target 21.22, Stop Loss @ 21.56. Details

The technical summary data is suggesting a short of BHFAN if it tests 21.51 with a downside target of 21.22. We should have a stop loss in place at 21.56 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, 21.51, 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  Brighthouse Financial Inc. Depositary Shares Each Representing A 1/1000th Interest In A Share Of 5.375% Non-cumulative Preferred Stock Series C (BHFAN) available here: BHFAN.

BHFAN Ratings for October 20:

Term →	Near	Mid	Long
Rating	Strong	Neutral	Strong
P1	0	0	19.04
P2	21.22	20.61	20.26
P3	21.43	21.22	21.51

AI Generated Signals for BHFAN

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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  Brighthouse Financial Inc. Depositary Shares Each Representing A 1/1000th Interest In A Share Of 5.375% Non-cumulative Preferred Stock Series C (NASDAQ: BHFAN) report below can help you understand how to do this. The trading plans for BHFAN, 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.