April 16, 2025, 01:34 am ET, BY Scott B.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for ESEA
- Buy ESEA near 26.63 target 31.32 stop loss @ 26.55 Details
The technical summary data tells us to buy ESEA near 26.63 with an upside target of 31.32. This data also tells us to set a stop loss @ 26.55 to protect against excessive loss in case the stock begins to move against the trade. 26.63 is the first level of support below 28.84 , and by rule, any test of support is a buy signal. In this case, support 26.63 would be being tested, so a buy signal would exist.
- Short ESEA slightly under 31.32, target 26.63, stop loss @ 31.41 Details
The…