January 04, 2025, 10:22 am ET, BY Scott B.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for FCNCP
- Buy FCNCP near 22.46 target 23.4 stop loss @ 22.4 Details
The technical summary data tells us to buy FCNCP near 22.46 with an upside target of 23.4. This data also tells us to set a stop loss @ 22.4 to protect against excessive loss in case the stock begins to move against the trade. 22.46 is the first level of support below 23.18 , and by rule, any test of support is a buy signal. In this case, support 22.46 would be being tested, so a buy signal would exist.
- Short FCNCP slightly under 23.4, target 22.46, stop loss @ 23.47 Details
The…