Blog

June 30, 2024, 2:24 AM ET, BY Mitchell H. – Contributor | Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer-term trading plans for BIOX

• Buy BIOX just above 10.82, target 12.21, stop loss at 10.79 details

The technical summary data tells us to buy BIOX at 10.82 with an upside target of 12.21. This data also tells us to set a stop loss at 10.79 to protect ourselves from excessive losses in case the stock starts moving against the trade. 10.82 is the first level of support below 11.21, and any test of support is usually a buy signal. In this case, support at 10.82 would be tested, so a buy signal would be present.

• Short BIOX just below 12.21, target 10.82, stop loss at 12.25 details

The technical summary data suggests a short of BIOX as it approaches 12.21, with a downside target of 10.82. However, we should place a stop loss at 12.25. 12.21 is the first resistance level above 11.21, and any test of resistance is usually a short signal. In this case, a short signal would be present if the 12.21 resistance is tested.

Swing trading plans for BIOX

• Buy BIOX just above 12.21, target 13.58, stop loss at 12.17 details

If 12.21 starts to rise, the technical summary data tells us to buy BIOX just above 12.21, with an upside target of 13.58. The data also tells us to set a stop loss at 12.17 in case the stock turns against the trade. 12.21 is the first resistance level above 11.21, and any break above resistance is usually a buy signal. In this case, 12.21, 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 BIOX just near 12.21, target 11.15, stop loss at 12.25. details

The technical summary data suggests a short of BIOX if it tests 12.21 with a downside target of 11.15. However, we should place a stop loss at 12.25 in case the stock starts moving against the trade. Any test of resistance is basically a short signal. In this case, a short signal would be present if the resistance 12.21 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 BIOX

• Buy BIOX just above 11.37, target 12.21, stop loss at 11.34 details

If 11.37 starts to rise, the technical summary data tells us to buy BIOX just above 11.37, with an upside target of 12.21. The data also tells us to set a stop loss at 11.34 in case the stock turns against the trade. 11.37 is the first resistance level above 11.21, and any break above resistance is usually a buy signal. In this case, 11.37, 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 BIOX just near 11.37, target 11.15, stop loss at 11.4. details

The technical summary data suggests a short of BIOX if it tests 11.37 with a downside target of 11.15. However, we should place a stop loss at 11.4 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 11.37 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 Bioceres Crop Solutions Corp. (BIOX) available here: BIOX.

BIOX ratings for June 30:

AI-generated signals for BIOX

Real-time updates for institutional readers who read regularly:

Instructions:

• Click the “Get real-time updates” button below.

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

• Enter the email address you use for Factset

• Log in with the username/password you received.

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

From then on, you can get the real-time update at any time with a single click.

GET REAL-TIME UPDATES

This report was created using an AI developed by Stock Traders Daily. Over the last 20 years, this proprietary AI has been refined to identify the most favorable trading strategies for both individual stocks and the stock markets themselves. This method is also applied to index options, ETFs and futures. The goal of this specific report is to optimize trading in Bioceres Crop Solutions Corp. (NASDAQ: BIOX) while incorporating prudent risk controls.

Warning:

This is a static report. The data below was valid at the time of publication, but support and resistance levels for BIOX change over time, so the report should be updated regularly. Subscribers get real-time updates. Unlimited real-time reports.

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

Instructions:

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

Swing trades, day trades and longer-term trading plans:

This data is refined to also distinguish trading plans for day trading, swing trading and long-term investment plans for BIOX. All of these are offered below the summary table.