April 20, 2025, 01:24 am ET, BY Patrick- Contributor, Stock Traders Daily| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for AEG
- Buy AEG near 5.89 target 6.34 stop loss @ 5.87 Details
The technical summary data tells us to buy AEG near 5.89 with an upside target of 6.34. This data also tells us to set a stop loss @ 5.87 to protect against excessive loss in case the stock begins to move against the trade. 5.89 is the first level of support below 6.1 , and by rule, any test of support is a buy signal. In this case, support 5.89 would be being tested, so a buy signal would exist.
- Short AEG slightly under 6.34, target 5.89, stop loss @ 6.36 Details
The…