Learn to Evaluate (BPMC) using the Charts
March 31, 2024, 06:06 am ET, BY Rolland S.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for BPMC
- Buy BPMC slightly over 85.58 target 99.42 stop loss @ 85.33 Details
The technical summary data tells us to buy BPMC near 85.58 with an upside target of 99.42. This data also tells us to set a stop loss @ 85.33 to protect against excessive loss in case the stock begins to move against the trade. 85.58 is the first level of support below 94.86 , and by rule, any test of support is a buy signal. In this case, support 85.58 is being tested, a buy signal would exist.
- Short BPMC slightly under 99.42, target 85.58, stop loss @ 99.71 Details
The technical summary data is suggesting a short of BPMC as it gets near 99.42 with a downside target of 85.58. We should have a stop loss in place at 99.71though. 99.42 is the first level of resistance above 94.86, and by rule, any test of resistance is a short signal. In this case, if resistance 99.42 is being tested, a short signal would exist.
Swing Trading Plans for BPMC
- Buy BPMC slightly over 99.42, target n/a, Stop Loss @ 99.13 Details
If 99.42 begins to break higher, the technical summary data tells us to buy BPMC just slightly over 99.42, with an upside target of n/a. The data also tells us to set a stop loss @ 99.13 in case the stock turns against the trade. 99.42 is the first level of resistance above 94.86, and by rule, any break above resistance is a buy signal. In this case, 99.42, 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 BPMC slightly near 99.42, target 93.73, Stop Loss @ 99.71. Details
The technical summary data is suggesting a short of BPMC if it tests 99.42 with a downside target of 93.73. We should have a stop loss in place at 99.71 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, 99.42, 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 BPMC
- Buy BPMC slightly over 95.9, target 99.42, Stop Loss @ 95.68 Details
If 95.9 begins to break higher, the technical summary data tells us to buy BPMC just slightly over 95.9, with an upside target of 99.42. The data also tells us to set a stop loss @ 95.68 in case the stock turns against the trade. 95.9 is the first level of resistance above 94.86, and by rule, any break above resistance is a buy signal. In this case, 95.9, 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 BPMC slightly near 95.9, target 93.73, Stop Loss @ 96.12. Details
The technical summary data is suggesting a short of BPMC if it tests 95.9 with a downside target of 93.73. We should have a stop loss in place at 96.12 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, 95.9, 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 Blueprint Medicines Corporation (BPMC) available here: BPMC.
BPMC Ratings for March 31:
| Term → | Near |
Mid |
Long |
|---|
| Rating |
Strong |
Neutral |
Strong |
| P1 |
0 |
0 |
72.37 |
| P2 |
93.56 |
89.16 |
85.58 |
| P3 |
95.9 |
93.73 |
99.42 |
AI Generated Signals for BPMC
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 Blueprint Medicines Corporation (NASDAQ: BPMC) report below can help you understand how to do this. The trading plans for BPMC, 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 BPMC:
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