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June 30, 2024, 2:22 AM ET, BY Thomas Y. – Contributor | Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer-term trading plans for ORGANIC

• Buy BIO just above 246.41, target 281.28, stop loss at 245.7 details

The technical summary data tells us to buy BIO at 246.41 with an upside target of 281.28. This data also tells us to set a stop loss at 245.7 to protect ourselves from excessive losses in case the stock starts moving against the trade. 246.41 is the first support level below 273.11 and according to the rule, any test of support is a buy signal. In this case, the support at 246.41 would be tested, so a buy signal would be present.

• Short BIO just below 281.28, target 246.41, stop loss at 282.09 details

The technical summary data suggests a short of BIO as it approaches 281.28, with a downside target of 246.41. However, we should place a stop loss at 282.09. 281.28 is the first resistance level above 273.11, and any test of resistance is usually a short signal. In this case, a short signal would be present if the 281.28 resistance is tested.

Swing trading plans for BIO

• Buy BIO just above 281.28, target 283.25, stop loss at 280.47 details

If 281.28 starts to rise, the technical summary data tells us to buy BIO just above 281.28, with an upside target of 283.25. The data also tells us to set a stop loss at 280.47 in case the stock turns against the trade. 281.28 is the first resistance level above 273.11, and any break above resistance is usually a buy signal. In this case, 281.28, 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 BIO close to 281.28, target 271.43, stop loss at 282.09. details

The technical summary data suggests a short of BIO if it tests 281.28 with a downside target of 271.43. However, we should place a stop loss at 282.09 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 281.28 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 BIO

• Buy BIO just above 281.28, target 283.25, stop loss at 280.62 details

If 281.28 starts to rise, the technical summary data tells us to buy BIO just above 281.28, with an upside target of 283.25. The data also tells us to set a stop loss at 280.62 in case the stock turns against the trade. 281.28 is the first resistance level above 273.11, and any break above resistance is usually a buy signal. In this case, 281.28, 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 BIO close to 281.28, target 272.27, stop loss at 281.94. details

The technical summary data suggests a short of BIO if it tests 281.28 with a downside target of 272.27. However, we should place a stop loss at 281.94 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 281.28 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 Bio-Rad Laboratories Inc. Class A (BIO) available here: BIOGRAPHY.

ORGANIC ratings for June 30:

AI-generated signals for BIO

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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 Bio-Rad Laboratories Inc. Class A (NYSE: BIO) 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 BIO 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 BIO tests support, buy signals emerge and resistance is the target. Conversely, when resistance is tested, it is a sign to control risk or sell 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 differentiate trading plans for day trading, swing trading and long-term investment plans for BIO. All of these are offered below the summary table.