How the (BKLC) price action is used to our Advantage
July 30, 2024, 04:24 am ET, BY Tyler- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for BKLC
- Buy BKLC slightly over 101.76 target 105.13 stop loss @ 101.47 Details
The technical summary data tells us to buy BKLC near 101.76 with an upside target of 105.13. This data also tells us to set a stop loss @ 101.47 to protect against excessive loss in case the stock begins to move against the trade. 101.76 is the first level of support below 103.5 , and by rule, any test of support is a buy signal. In this case, support 101.76 would be being tested, so a buy signal would exist.
- Short BKLC slightly under 105.13, target 101.76, stop loss @ 105.43 Details
The technical summary data is suggesting a short of BKLC as it gets near 105.13 with a downside target of 101.76. We should have a stop loss in place at 105.43though. 105.13 is the first level of resistance above 103.5, and by rule, any test of resistance is a short signal. In this case, if resistance 105.13 is being tested, so a short signal would exist.
Swing Trading Plans for BKLC
- Buy BKLC slightly over 103.61, target 105.13, Stop Loss @ 103.31 Details
If 103.61 begins to break higher, the technical summary data tells us to buy BKLC just slightly over 103.61, with an upside target of 105.13. The data also tells us to set a stop loss @ 103.31 in case the stock turns against the trade. 103.61 is the first level of resistance above 103.5, and by rule, any break above resistance is a buy signal. In this case, 103.61, 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 BKLC slightly near 103.61, target 102.19, Stop Loss @ 103.91. Details
The technical summary data is suggesting a short of BKLC if it tests 103.61 with a downside target of 102.19. We should have a stop loss in place at 103.91 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, 103.61, 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 BKLC
- Buy BKLC slightly over 103.66, target 105.13, Stop Loss @ 103.42 Details
If 103.66 begins to break higher, the technical summary data tells us to buy BKLC just slightly over 103.66, with an upside target of 105.13. The data also tells us to set a stop loss @ 103.42 in case the stock turns against the trade. 103.66 is the first level of resistance above 103.5, and by rule, any break above resistance is a buy signal. In this case, 103.66, 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 BKLC slightly near 103.66, target 102.19, Stop Loss @ 103.9. Details
The technical summary data is suggesting a short of BKLC if it tests 103.66 with a downside target of 102.19. We should have a stop loss in place at 103.9 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, 103.66, 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 Bny Mellon Us Large Cap Core Equity Etf (BKLC) available here: BKLC.
BKLC Ratings for July 30:
| Term → | Near |
Mid |
Long |
|---|
| Rating |
Weak |
Neutral |
Strong |
| P1 |
0 |
0 |
101.76 |
| P2 |
102.13 |
102.19 |
105.13 |
| P3 |
103.66 |
103.61 |
108.29 |
AI Generated Signals for BKLC
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 Bny Mellon Us Large Cap Core Equity Etf (NASDAQ: BKLC) data table below can help you with price action, and we have more details too. Trading plans for BKLC 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 BKLC:
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