January 04, 2025, 23:24 pm ET, BY Thomas H. Kee Jr- Editor, Stock Traders Daily| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for GTES

• Buy GTES near 20.63 target 22.57 stop loss @ 20.57 Details

The technical summary data tells us to buy GTES near 20.63 with an upside target of 22.57. This data also tells us to set a stop loss @ 20.57 to protect against excessive loss in case the stock begins to move against the trade. 20.63 is the first level of support below 20.76 , and by rule, any test of support is a buy signal. In this case, support 20.63 is being tested, a buy signal would exist.

• Short GTES slightly under 22.57, target 20.63, stop loss @ 22.64 Details


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