October 13, 2024, 04:24 am ET, BY Jolene W.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for POWWP

• Buy POWWP near 22.96 target 24.98 stop loss @ 22.89 Details

The technical summary data tells us to buy POWWP near 22.96 with an upside target of 24.98. This data also tells us to set a stop loss @ 22.89 to protect against excessive loss in case the stock begins to move against the trade. 22.96 is the first level of support below 23.2873 , and by rule, any test of support is a buy signal. In this case, support 22.96 would be being tested, so a buy signal would exist.

• Short POWWP slightly under 24.98, target 22.96, stop loss @ 25.05 Details

The…