December 08, 2024, 17:56 pm ET, BY Thomas H. Kee Jr- Editor, Stock Traders Daily| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for BKGI

• Buy BKGI near 31.02 target 32.01 stop loss @ 30.93 Details

The technical summary data tells us to buy BKGI near 31.02 with an upside target of 32.01. This data also tells us to set a stop loss @ 30.93 to protect against excessive loss in case the stock begins to move against the trade. 31.02 is the first level of support below 31.7503 , and by rule, any test of support is a buy signal. In this case, support 31.02 would be being tested, so a buy signal would exist.

• Short BKGI slightly under 32.01, target 31.02, stop loss @ 32.1 Source link