The technical summary data is suggesting a short of BMA if it tests 26.69 with a downside target of 24.85. Short BMA slightly near 26.69, target 24.85, Stop Loss 26.75.Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan. In this case, 26.69, initial resistance, would be breaking higher, so a buy signal would exist. 26.69 is the first level of resistance above 25.92, and by rule, any break above resistance is a buy signal. The data also tells us to set a stop loss 26.63 in case the stock turns against the trade. If 26.69 begins to break higher, the technical summary data tells us to buy BMA just slightly over 26.69, with an upside target of 27.07. Buy BMA slightly over 26.69, target 27.07, Stop Loss 26.63 Details.Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan. In this case, if resistance, 27.07, is being tested a short signal would exist. By rule, any test of resistance is a short signal. We should have a stop loss in place at 27.15 though in case the stock begins to move against the trade. The technical summary data is suggesting a short of BMA if it tests 27.07 with a downside target of 24.85. Short BMA slightly near 27.07, target 24.85, Stop Loss 27.15.In this case, 27.07, initial resistance, would be breaking higher, so a buy signal would exist. 27.07 is the first level of resistance above 25.92, and by rule, any break above resistance is a buy signal. The data also tells us to set a stop loss 26.99 in case the stock turns against the trade. If 27.07 begins to break higher, the technical summary data tells us to buy BMA just slightly over 27.07, with an upside target of n/a. Buy BMA slightly over 27.07, target n/a, Stop Loss 26.99 Details.In this case, if resistance 27.07 is being tested, a short signal would exist. 27.07 is the first level of resistance above 25.92, and by rule, any test of resistance is a short signal. We should have a stop loss in place at 27.15though. The technical summary data is suggesting a short of BMA as it gets near 27.07 with a downside target of 22.9. Short BMA slightly under 27.07, target 22.9, stop loss 27.15 Details.In this case, support 22.9 is being tested, a buy signal would exist. 22.9 is the first level of support below 25.92, and by rule, any test of support is a buy signal. This data also tells us to set a stop loss 22.83 to protect against excessive loss in case the stock begins to move against the trade. The technical summary data tells us to buy BMA near 22.9 with an upside target of 27.07. Buy BMA slightly over 22.9 target 27.07 stop loss 22.83 Details.
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