January 05, 2025, 01:42 am ET, BY Momei- Contributor, Stock Traders Daily| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for HIFS

• Buy HIFS near 245.53 target 273.61 stop loss @ 244.82 Details

The technical summary data tells us to buy HIFS near 245.53 with an upside target of 273.61. This data also tells us to set a stop loss @ 244.82 to protect against excessive loss in case the stock begins to move against the trade. 245.53 is the first level of support below 256.9 , and by rule, any test of support is a buy signal. In this case, support 245.53 would be being tested, so a buy signal would exist.

• Short HIFS slightly under 273.61, target 245.53, stop loss @ 274.4 Source link