Stock Traders Daily

(BURL) Pivots Trading Plans and Risk Controls

Stock Traders Daily
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Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This report optimizes trading in Burlington Stores Inc. (NASDAQ: BURL) with integrated risk controls.

Warning:

The trading plans were valid at the time this was published, but the support and resistance levels for BURL change as time passes, and this should be updated in real time. Access those real time updates for this and 1000 other stocks here. Unlimited Real Time Reports

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Instructions:

Use the basic rules of Technical Analysis. Here are some examples: if BURL is testing support the signal is to buy and target resistance. On the other hand, if resistance is tested, that is a sign to short, and target support. No matter which side the trade is, long or short, the trigger point is both a place to enter and as a risk control.

Swing Trades, Day Trades, and Longer term Trading Plans:

This data can be used to define Day Trading, Swing Trading, and Long Term Investing plans for BURL too. All of these are offered here: Access our Real Time Trading Plans

Longer Term Trading Plans for BURL
  • Buy BURL near 245.43 target 271.32 stop loss @ 244.72
  • Short BURL slightly under 271.32, target 245.43, stop loss @ 272.1
Swing Trading Plans for BURL
  • Buy BURL slightly over 261.27, target 271.32, Stop Loss @ 260.52
  • Short BURL slightly near 261.27, target 250.59, Stop Loss @ 262.02.
Day Trading Plans for BURL
  • Buy BURL slightly over 257.99, target 261.27, Stop Loss @ 257.39
  • Short BURL slightly near 257.99, target 250.59, Stop Loss @ 258.59.

BURL Technical Summary | Raw Data for the Trading Plans

Term →Near Mid Long
Bias Strong Weak Strong
P1 0 0 245.43
P2 257.99 250.59 271.32
P3 262.63 261.27 296.8

BURL Long Term Analysis for October 20 2024

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