How we can use the (BNH) price action to our advantage

June 30, 2024, 4:42 AM ET, BY Thomas Y. – Contributor | Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer-term trading plans for BNH

• Buy BNH just above 16.25, target 17.46, stop loss at 16.2 details

The technical summary data tells us to buy BNH at 16.25 with an upside target of 17.46. This data also tells us to set a stop loss at 16.2 to protect ourselves from excessive losses in case the stock starts moving against the trade. 16.25 is the first support level below 16.5 and according to the rule, any test of support is a buy signal. In this case, the support at 16.25 would be tested, so a buy signal would be present.

• Short BNH just below 17.46, target 16.25, stop loss at 17.51 details

The technical summary data suggests a short of BNH as it approaches 17.46, with a downside target of 16.25. However, we should place a stop loss at 17.51. 17.46 is the first resistance level above 16.5, and any test of resistance is usually a short signal. In this case, a short signal would be present if the 17.46 resistance is tested.

Swing trading plans for BNH

• Buy BNH just above 16.66, target 17.46, stop loss at 16.61. details

If 16.66 starts to rise, the technical summary data tells us to buy BNH just above 16.66, with an upside target of 17.46. The data also tells us to set a stop loss at 16.61 in case the stock turns against the trade. 16.66 is the first resistance level above 16.5, and any break above resistance is usually a buy signal. In this case, 16.66, the initial resistance, would rise to the upside, so a buy signal would be present. Since this plan is based on a break of resistance, it is called a Long Resistance Plan.

• Short BNH just near 16.66, target 16.31, stop loss at 16.71. details

The technical summary data suggests a short of BNH if it tests 16.66 with a downside target of 16.31. However, we should place a stop loss at 16.71 in case the stock starts moving against the trade. Any test of resistance is usually a short signal. In this case, a short signal would be present if the resistance 16.66 is tested. Since this plan is a short plan based on a test of resistance, it is called a short resistance plan.

Day trading plans for BNH

• Buy BNH just above 16.66, target 17.46, stop loss at 16.62. details

If 16.66 starts to rise, the technical summary data tells us to buy BNH just above 16.66, with an upside target of 17.46. The data also tells us to set a stop loss at 16.62 in case the stock turns against the trade. 16.66 is the first resistance level above 16.5, and any break above resistance is usually a buy signal. In this case, 16.66, the initial resistance, would rise to the upside, so a buy signal would be present. Since this plan is based on a break of resistance, it is called a Long Resistance Plan.

• Short BNH just near 16.66, target nz, stop loss at 16.7. details

The technical summary data suggests a short of BNH if it tests 16.66, with a downside target of n/a. However, we should place a stop loss at 16.7 in case the stock starts moving against the trade. Any test of resistance is usually a short signal. In this case, a short signal would be present if the resistance 16.66 is tested. Since this plan is a short plan based on a test of resistance, it is called a short resistance plan.

Check the timestamp of this data. Updated AI-generated signals for Brookfield Finance Inc. 4.625% Subordinated Notes due October 16, 2080 (BNH) available here: BNH.

BNH ratings for June 30:

AI-generated signals for BNH

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Our task as #Investors is to pay attention to the #stocks we own. Part of that is looking at the #fundamentals, but half of the disclosure comes from looking at price action. The Brookfield Finance Inc. 4.625% Subordinated Notes due October 16, 2080 The data table (NYSE:BNH) below can help you with the price trend and we also have more details. Trading plans for BNH are also displayed here; these plans are updated in real-time for subscribers, this report is static. If you want an update or report on any other stock, you can get unlimited real-time reports here.