May 04, 2025, 20:02 pm ET, BY Rick W.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for UITB
- Buy UITB near 45.69 target 46.61 stop loss @ 45.56 Details
The technical summary data tells us to buy UITB near 45.69 with an upside target of 46.61. This data also tells us to set a stop loss @ 45.56 to protect against excessive loss in case the stock begins to move against the trade. 45.69 is the first level of support below 46.58 , and by rule, any test of support is a buy signal. In this case, support 45.69 would be being tested, so a buy signal would exist.
- Short UITB slightly under 46.61, target 45.69, stop loss @ 46.74 Details
The technical…