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June 30, 2024, 3:16 AM ET, BY Simon M. – Contributor | Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer-term trading plans for BKIE

• Buy BKIE just above 72.45, target 75.45, stop loss at 72.24. details

The technical summary data tells us to buy BKIE at 72.45 with an upside target of 75.45. This data also tells us to set a stop loss at 72.24 to protect ourselves from excessive losses in case the stock starts moving against the trade. 72.45 is the first support level below 74.4154 and according to the rule, any test of support is a buy signal. In this case, the support at 72.45 would be tested, so a buy signal would be present.

• Short BKIE just below 75.45, target 72.45, stop loss at 75.67 details

The technical summary data suggests a short of BKIE as it approaches 75.45, with a downside target of 72.45. However, we should place a stop loss at 75.67. 75.45 is the first resistance level above 74.4154, and according to the rule, any test of the resistance is a short signal. In this case, a short signal would be present if the resistance 75.45 is tested.

Swing trading plans for BKIE

• Buy BKIE just above 74.88, target 75.45, stop loss at 74.66. details

If 74.88 starts to rise, the technical summary data tells us to buy BKIE just above 74.88, with an upside target of 75.45. The data also tells us to set a stop loss at 74.66 in case the stock turns against the trade. 74.88 is the first resistance level above 74.4154, and according to the rule, any break above resistance is a buy signal. In this case, 74.88, 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 BKIE close to 74.88, target 73.73, stop loss at 75.1. details

The technical summary data suggests a short of BKIE if it tests 74.88 with a downside target of 73.73. However, we should place a stop loss at 75.1 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 74.88 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 BKIE

• Buy BKIE just above 74.54, target 74.88, stop loss at 74.37. details

If 74.54 starts to rise, the technical summary data tells us to buy BKIE just above 74.54, with an upside target of 74.88. The data also tells us to set a stop loss at 74.37 in case the stock turns against the trade. 74.54 is the first resistance level above 74.4154, and any break above resistance is usually a buy signal. In this case, 74.54, 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 BKIE close to 74.54, target 74.18, stop loss at 74.71. details

The technical summary data suggests a short of BKIE if it tests 74.54 with a downside target of 74.18. However, we should place a stop loss at 74.71 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 74.54 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 BNY Mellon Global Equity ETF (BKIE) available here: BKI.

BKIE Ratings for June 30:

AI-generated signals for BKIE

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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 BNY Mellon Global Equity ETF (NASDAQ: BKIE) 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 BKIE change over time, so the report should be updated regularly. Subscribers get real-time updates. 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 BKIE 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 BKIE. All of these are offered below the summary table.