Objective Long/Short Report (BDC).

November 30, 2024, 10:20 PM ET, BY William C. – Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer term trading plans for BDC

• Buy BDC near 118.01 and target a stop loss of 126.53 at 117.67 Details

The technical summary data tells us to buy BDC at around 118.01 with an upside target of 126.53. This data also tells us to set a stop loss at 117.67 to protect ourselves from excessive losses in case the stock starts moving against the trade. 118.01 is the first level of support below 122.4 and basically any test of support is a buy signal. In this case the support 118.01 is tested, a buy signal would be present.

• Short BDC slightly below 126.53, target 118.01, stop loss at 126.9 Details

Technical summary data suggests BDC should be short as it approaches the 126.53 level and the downside target is at 118.01. However, we should have a stop loss at 126.9. 126.53 is the first resistance level above 122.4, and by rule any test of resistance is a short signal. In this case, if resistance 126.53 is tested, there is a short circuit signal.

Swing trading plans for BDC

• Buy BDC just above 125.62, target 126.53, stop loss at 125.26 Details

If 125.62 starts to break higher, the technical summary data tells us to buy BDC just above 125.62 with an upside target of 126.53. The data also tells us to set a stop loss at 125.26 in case the stock turns against the trade. 125.62 is the first resistance level above 122.4, and basically any break above resistance is a buy signal. In this case, 125.62, 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 BDC slightly near 125.62, target 120.28, stop loss at 125.98. Details

Technical summary data suggests BDC should be short if it tests 125.62, with a downside target of 120.28. However, we should have a stop loss at 125.98 in case the stock starts moving against the trade. Basically every resistance test is a short signal. In this case, if resistance 125.62 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 BDC

• Buy BDC just above 124.79, target 125.62, stop loss at 124.5 Details

If 124.79 starts to break higher, the technical summary data tells us to buy BDC just above 124.79 with an upside target of 125.62. The data also tells us to set a stop loss at 124.5 in case the stock turns against the trade. 124.79 is the first resistance level above 122.4, and basically any break above resistance is a buy signal. In this case, 124.79, 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 BDC slightly near 124.79, target 121.75, stop loss at 125.08. Details

Technical summary data suggests BDC should be short if it tests 124.79, with a downside target of 121.75. However, we should have a stop loss at 125.08 in case the stock starts moving against the trade. Basically every resistance test is a short signal. In this case, if the resistance 124.79 is tested, a short signal is 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 Belden Inc (BDC) available here: BDC.

BDC ratings for November 30th:

AI generated signals for BDC

Real-time updates for repeat institutional readers:

Instructions:

• Click the “Get Real-Time Updates” button below.

• At the login prompt, select “Forgot username.”

• Enter the email address you use for Factset

• To log in, use the user/pass you receive

• You have access to real-time updates 24/7.

From then on, you can just click to get the real-time update whenever you want.

GET REAL-TIME UPDATES

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 Belden Inc (NYSE: BDC) 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 BDC change over time, so the report should be updated regularly. Real-time updates are provided to subscribers. Unlimited real-time reports.

Subscribers also receive market analysis, stock correlation tools, macroeconomic observations, timing tools, and market crash protection with Evitar Corte.

Instructions:

The rules that govern the data in this report are the rules of technical analysis. For example, when BDC 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 BDC. All of this is offered below the overview table.