Long term trading analysis for (BCO)

November 30, 2024, 10:18 PM ET, BY Simon M. – Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer term trading plans for BCO

• NONE. Details

There is currently no current support plan that could trigger a purchase of this stock. This usually means that there are no clear support levels at this point, so buying the stock when the price is falling could be seen as catching a falling knife. Buy signals only occur when resistance breaks upwards.
This is often a signal that the stock you are watching is weak. Waiting for a higher turn may be smarter than trying to catch a falling knife. In any case, new support levels are usually incorporated into the database at the beginning of the next trading session.

• Short BCO slightly below 100.06, target n/a, stop loss at 100.35 Details

The technical summary data suggests a short BCO reading as it approaches 100.06, but the downside target is not available from the current data. This tells us to hold that position when it is triggered until a new downside target is set (updates occur at the start of each trading session) or until the position is stopped. The summary data shows that there is a stop loss at 100.35. 100.06 is the first resistance level above 96.71, and basically any test of resistance is a short signal. In this case, if resistance 100.06 is tested, there is a short circuit signal.

Swing trading plans for BCO

• Buy BCO slightly above 99.47, target 100.06, stop loss at 99.18 Details

If 99.47 starts to break higher, the technical summary data tells us to buy BCO just above 99.47 with an upside target of 100.06. The data also tells us to set a stop loss at 99.18 in case the stock turns against the trade. 99.47 is the first resistance level above 96.71, and basically any break above resistance is a buy signal. In this case, 99.47, the initial resistance, would break to the upside, giving a buy signal. Because this plan is based on a resistance break, it is called a long resistance plan.

• Short BCO slightly near 99.47, target 93.9, stop loss at 99.76. Details

Technical summary data suggests a short BCO reading if it tests 99.47, with a downside target of 93.9. However, we should have a stop loss at 99.76 in case the stock starts moving against the trade. Basically every resistance test is a short signal. In this case, if resistance 99.47 is tested, a short signal would be present. Since this plan is a short plan based on a resistance test, it is called a short resistance plan.

Day trading plans for BCO

• Buy BCO slightly above 99.54, target 100.06, stop loss at 99.31 Details

If 99.54 starts to break higher, the technical summary data tells us to buy BCO just above 99.54 with an upside target of 100.06. The data also tells us to set a stop loss at 99.31 in case the stock turns against the trade. 99.54 is the first resistance level above 96.71, and basically any break above resistance is a buy signal. In this case, 99.54, the initial resistance, would break upwards, giving a buy signal. Because this plan is based on a resistance break, it is called a long resistance plan.

• Short BCO slightly near 99.54, target 96.1, stop loss at 99.77. Details

Technical summary data suggests a short BCO reading if it tests 99.54, with a downside target of 96.1. However, we should have a stop loss at 99.77 in case the stock starts moving against the trade. Basically every resistance test is a short signal. In this case, if resistance 99.54 is tested, a short signal would be present. Since this plan is a short plan based on a resistance test, it is called a short resistance plan.

Check the timestamp of this data. Updated AI generated signals for Brinks Company (the) (BCO) available here: BCO.

BCO ratings for November 30th:

AI generated signals for BCO

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This report was generated using AI developed by Stock Traders Daily. Over the past 20 years, this proprietary AI has been refined to help identify the most advantageous trading strategies for both individual stocks and the stock markets themselves. This method is also applied to index options, ETFs and futures. The aim of this particular report is to optimize trading Brinks Company (the) (NYSE: BCO) incorporating prudent risk controls.

Warning:

This is a static report. The following data was valid at the time of publication, but support and resistance levels for BCO change over time, so the report should be updated regularly. Real-time updates are provided to subscribers. Unlimited real-time reports.

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Instructions:

The rules that govern the data in this report are the rules of technical analysis. For example, when BCO tests support, buy signals emerge and resistance is the target. Conversely, if resistance is tested, it is a sign to control risk or sell, and support would accordingly be the downside target. In any case, the trigger point serves as both an ideal place to enter a position (avoid trading in the middle of a trading channel) and a risk control layer.

Swing Trades, Day Trades and Longer Term Trading Plans:

This data is refined to distinguish trading plans for day trading, swing trading and long-term investment plans also for BCO. All of this is offered below the overview table.