How we use the (BSCS) price action to our advantage

June 30, 2024, 6:22 a.m. ET, BY Christie Contributor | Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer-term trading plans for BSCS

• Buy BSCS just above 19.72, target 20.02, stop loss at 19.66 details

The technical summary data tells us to buy BSCS at 19.72 with an upside target of 20.02. This data also tells us to set a stop loss at 19.66 to protect ourselves from excessive losses in case the stock starts moving against the trade. 19.72 is the first support level below 19.95 and according to the rule, any test of the support level is a buy signal. In this case, the 19.72 support level would be tested, so a buy signal would be present.

• Short BSCS just below 20.02, target 19.72, stop loss at 20.08 details

The technical summary data suggests a short of BSCS as it approaches 20.02, with a downside target of 19.72. However, we should place a stop loss at 20.08. 20.02 is the first resistance level above 19.95, and any test of resistance is usually a short signal. In this case, a short signal would be present if the 20.02 resistance is tested.

Swing Trading Plans for BSCS

• Buy BSCS just above 20.02, target nz, stop loss at 19.96 details

If 20.02 starts to rise, the technical summary data tells us to buy BSCS just above 20.02, with an upside target of n/a. The data also tells us to set a stop loss at 19.96 in case the stock turns against the trade. 20.02 is the first resistance level above 19.95, and any break above resistance is usually a buy signal. In this case, 20.02, the initial resistance, would move up, 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 BSCS just near 20.02, target 19.72, stop loss at 20.08. details

The technical summary data suggests a short of BSCS if it tests 20.02 with a downside target of 19.72. However, we should have a stop loss at 20.08 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 20.02 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 BSCS

• Buy BSCS just above 20.02, target 20.32, stop loss at 19.97 details

If 20.02 starts to rise, the technical summary data tells us to buy BSCS just above 20.02, with an upside target of 20.32. The data also tells us to set a stop loss at 19.97 in case the stock turns against the trade. 20.02 is the first resistance level above 19.95, and any break above resistance is usually a buy signal. In this case, 20.02, 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 BSCS just near 20.02, target 19.72, stop loss at 20.07. details

The technical summary data suggests a short of BSCS if it tests 20.02 with a downside target of 19.72. However, we should place a stop loss at 20.07 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 20.02 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 Invesco Bulletshares 2028 Corporate Bond ETF (BSCS) available here: BSCS.

BSCS Ratings for June 30:

AI-generated signals for BSCS

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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 Invesco Bulletshares 2028 Corporate Bond ETF The data table (NASDAQ:BSCS) below can help you with the price action and we also have more details. Trading plans for BSCS 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 another stock, you can get it here: Unlimited Real-Time Reports.