(BSCT) On The My Stocks Page

July 20, 2024, 07:40 am ET, BY Christie- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for BSCT

• Buy BSCT slightly over 18.34 target 18.66 stop loss @ 18.29 Details

The technical summary data tells us to buy BSCT near 18.34 with an upside target of 18.66. This data also tells us to set a stop loss @ 18.29 to protect against excessive loss in case the stock begins to move against the trade. 18.34 is the first level of support below 18.38 , and by rule, any test of support is a buy signal. In this case, support 18.34 is being tested, a buy signal would exist.

• Short BSCT slightly under 18.66, target 18.34, stop loss @ 18.71 Details

The technical summary data is suggesting a short of BSCT as it gets near 18.66 with a downside target of 18.34. We should have a stop loss in place at 18.71though. 18.66 is the first level of resistance above 18.38, and by rule, any test of resistance is a short signal. In this case, if resistance 18.66 is being tested, a short signal would exist.

Swing Trading Plans for BSCT

• Buy BSCT slightly over n/a, target n/a, Stop Loss @ 0 Details

If n/a begins to break higher, the technical summary data tells us to buy BSCT just slightly over n/a, with an upside target of n/a. The data also tells us to set a stop loss @ 0 in case the stock turns against the trade. n/a is the first level of resistance above 18.38, and by rule, any break above resistance is a buy signal. In this case, n/a, 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 BSCT slightly near n/a, target 18.01, Stop Loss @ 0. Details

The technical summary data is suggesting a short of BSCT if it tests n/a with a downside target of 18.01. We should have a stop loss in place at 0 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, n/a, 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 BSCT

• Buy BSCT slightly over 18.66, target n/a, Stop Loss @ 18.62 Details

If 18.66 begins to break higher, the technical summary data tells us to buy BSCT just slightly over 18.66, with an upside target of n/a. The data also tells us to set a stop loss @ 18.62 in case the stock turns against the trade. 18.66 is the first level of resistance above 18.38, and by rule, any break above resistance is a buy signal. In this case, 18.66, 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 BSCT slightly near 18.66, target 18.01, Stop Loss @ 18.7. Details

The technical summary data is suggesting a short of BSCT if it tests 18.66 with a downside target of 18.01. We should have a stop loss in place at 18.7 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, 18.66, 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 Invesco Bulletshares 2029 Corporate Bond Etf (BSCT) available here: BSCT.

BSCT Ratings for July 20:

Term →	Near	Mid	Long
Rating	Neutral	Neutral	Neutral
P1	0	0	18.01
P2	18.44	18.52	18.34
P3	0		18.66

AI Generated Signals for BSCT

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Trading or Investing in Invesco Bulletshares 2029 Corporate Bond Etf (NASDAQ: BSCT) involves an observation of the technicals, every time.  This data reveals the current technicals.

Warning:

This is a static report, the data below was valid at the time of the publication, but support and resistance levels for BSCT change over time, so the report should be updated regularly.  Real Time updates are provided to subscribers.  Unlimited Real Time Reports.

Subscribers also receive market analysis, stock correlation tools, macroeconomic observations, timing tools, and protection from market crashes using Evitar Corte.  

Instructions:

The rules that govern the data in this report are the rules of Technical Analysis.  For example, if BSCT is testing support buy signals surface, and resistance is the target.  Conversely, if resistance is being tested, that is a sign to control risk or short, and support would be the downside target accordingly.  In each case, the trigger point is designed to be both an ideal place to enter a position (avoid trading in the middle of a trading channel), and it acts as a level of risk control too.

Swing Trades, Day Trades, and Longer term Trading Plans:

This data is refined to differentiate trading plans for Day Trading, Swing Trading, and Long Term Investing plans for BSCT too.  All of these are offered below the Summary Table.