Learn to Evaluate (BIO) using the Charts
July 20, 2024, 03:44 am ET, BY Harold S.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for BIO
- Buy BIO slightly over 279.52 target 314.52 stop loss @ 278.71 Details
The technical summary data tells us to buy BIO near 279.52 with an upside target of 314.52. This data also tells us to set a stop loss @ 278.71 to protect against excessive loss in case the stock begins to move against the trade. 279.52 is the first level of support below 296.82 , and by rule, any test of support is a buy signal. In this case, support 279.52 is being tested, a buy signal would exist.
- Short BIO slightly under 314.52, target 279.52, stop loss @ 315.43 Details
The technical summary data is suggesting a short of BIO as it gets near 314.52 with a downside target of 279.52. We should have a stop loss in place at 315.43though. 314.52 is the first level of resistance above 296.82, and by rule, any test of resistance is a short signal. In this case, if resistance 314.52 is being tested, a short signal would exist.
Swing Trading Plans for BIO
- Buy BIO slightly over 312.02, target 314.52, Stop Loss @ 311.12 Details
If 312.02 begins to break higher, the technical summary data tells us to buy BIO just slightly over 312.02, with an upside target of 314.52. The data also tells us to set a stop loss @ 311.12 in case the stock turns against the trade. 312.02 is the first level of resistance above 296.82, and by rule, any break above resistance is a buy signal. In this case, 312.02, 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 312.02, target 279.52, Stop Loss @ 312.92. Details
The technical summary data is suggesting a short of BIO if it tests 312.02 with a downside target of 279.52. We should have a stop loss in place at 312.92 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, 312.02, 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 311.01, target 312.02, Stop Loss @ 310.28 Details
If 311.01 begins to break higher, the technical summary data tells us to buy BIO just slightly over 311.01, with an upside target of 312.02. The data also tells us to set a stop loss @ 310.28 in case the stock turns against the trade. 311.01 is the first level of resistance above 296.82, and by rule, any break above resistance is a buy signal. In this case, 311.01, 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 311.01, target 279.52, Stop Loss @ 311.74. Details
The technical summary data is suggesting a short of BIO if it tests 311.01 with a downside target of 279.52. We should have a stop loss in place at 311.74 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, 311.01, 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 July 20:
| Term → | Near |
Mid |
Long |
|---|
| Rating |
Strong |
Strong |
Weak |
| P1 |
0 |
0 |
244.12 |
| P2 |
311.01 |
312.02 |
279.52 |
| P3 |
322.12 |
325.46 |
314.52 |
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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