Longer Term Trading Plans for CENTA
- Buy CENTA near 31 target 34.1 stop loss @ 30.91
- Short CENTA slightly under 34.1, target 31, stop loss @ 34.2
April 04, 2025, 12:14 pm ET, BY Tom S.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
The technical summary data tells us to buy CENTA near 31 with an upside target of 34.1. This data also tells us to set a stop loss @ 30.91 to protect against excessive loss in case the stock begins to move against the trade. 31 is the first level of support below 31.13 , and by rule, any test of support is a buy signal. In this case, support 31 is being tested, a buy signal would exist.
The technical summary data is…