Stock Traders Daily

Where are the Opportunities in (BLMN)

Stock Traders Daily
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HOW TO TRADE THE MARKET

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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 Bloomin' Brands Inc. (NASDAQ: BLMN) with integrated risk controls.

Warning:

The trading plans were valid at the time this was published, but the support and resistance levels for BLMN 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 BLMN 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 BLMN too. All of these are offered here: Access our Real Time Trading Plans

Longer Term Trading Plans for BLMN
  • Buy BLMN near 11.57 target 14.29 stop loss @ 11.54
  • Short BLMN slightly under 14.29, target 11.57, stop loss @ 14.33
Swing Trading Plans for BLMN
  • Buy BLMN slightly over 14.38, target 17.02, Stop Loss @ 14.34
  • Short BLMN slightly near 14.38, target 13.07, Stop Loss @ 14.42.
Day Trading Plans for BLMN
  • Buy BLMN slightly over 14.38, target 14.87, Stop Loss @ 14.35
  • Short BLMN slightly near 14.38, target 13.07, Stop Loss @ 14.41.

BLMN Technical Summary | Raw Data for the Trading Plans

Term →Near Mid Long
Bias Strong Weak Weak
P1 0 0 11.57
P2 14.15 13.07 14.29
P3 14.87 14.38 17.02

BLMN Long Term Analysis for December 2 2024

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