How the (BPOP) price action is used to our Advantage
March 31, 2024, 06:08 am ET, BY David D.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for BPOP
- Buy BPOP slightly over 84.35 target 90.21 stop loss @ 84.11 Details
The technical summary data tells us to buy BPOP near 84.35 with an upside target of 90.21. This data also tells us to set a stop loss @ 84.11 to protect against excessive loss in case the stock begins to move against the trade. 84.35 is the first level of support below 88.09 , and by rule, any test of support is a buy signal. In this case, support 84.35 is being tested, a buy signal would exist.
- Short BPOP slightly under 90.21, target 84.35, stop loss @ 90.47 Details
The technical summary data is suggesting a short of BPOP as it gets near 90.21 with a downside target of 84.35. We should have a stop loss in place at 90.47though. 90.21 is the first level of resistance above 88.09, and by rule, any test of resistance is a short signal. In this case, if resistance 90.21 is being tested, a short signal would exist.
Swing Trading Plans for BPOP
- Buy BPOP slightly over 88.81, target 90.21, Stop Loss @ 88.55 Details
If 88.81 begins to break higher, the technical summary data tells us to buy BPOP just slightly over 88.81, with an upside target of 90.21. The data also tells us to set a stop loss @ 88.55 in case the stock turns against the trade. 88.81 is the first level of resistance above 88.09, and by rule, any break above resistance is a buy signal. In this case, 88.81, 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 BPOP slightly near 88.81, target 86.42, Stop Loss @ 89.07. Details
The technical summary data is suggesting a short of BPOP if it tests 88.81 with a downside target of 86.42. We should have a stop loss in place at 89.07 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, 88.81, 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 BPOP
- Buy BPOP slightly over 88.4, target 88.81, Stop Loss @ 88.19 Details
If 88.4 begins to break higher, the technical summary data tells us to buy BPOP just slightly over 88.4, with an upside target of 88.81. The data also tells us to set a stop loss @ 88.19 in case the stock turns against the trade. 88.4 is the first level of resistance above 88.09, and by rule, any break above resistance is a buy signal. In this case, 88.4, 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 BPOP slightly near 88.4, target 87.37, Stop Loss @ 88.61. Details
The technical summary data is suggesting a short of BPOP if it tests 88.4 with a downside target of 87.37. We should have a stop loss in place at 88.61 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, 88.4, 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 Popular Inc. (BPOP) available here: BPOP.
BPOP Ratings for March 31:
| Term → | Near |
Mid |
Long |
|---|
| Rating |
Strong |
Strong |
Strong |
| P1 |
0 |
0 |
78.42 |
| P2 |
87.37 |
86.42 |
84.35 |
| P3 |
88.4 |
88.81 |
90.21 |
AI Generated Signals for BPOP
Blue = Current Price
Red= Resistance
Green = Support
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Our job as #investors is to pay attention to the #stocks we own. Part of that involves looking at the #fundamentals, but half of the disclosure comes from looking at price action. The Popular Inc. (NASDAQ: BPOP) data table below can help you with price action, and we have more details too. Trading plans for BPOP are shown here too; these plans are updated in real time for subscribers, where this report is static. If you want an update, or a report on a different stock, please get one here Unlimited Real Time Reports.
Fundamental Charts for BPOP:
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