Longer Term Trading Plans for IGE
- Buy IGE near 40.95 target 43.64 stop loss @ 40.83
- Short IGE slightly under 43.64, target 40.95, stop loss @ 43.77
May 05, 2025, 15:58 pm ET, BY James G.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
The technical summary data tells us to buy IGE near 40.95 with an upside target of 43.64. This data also tells us to set a stop loss @ 40.83 to protect against excessive loss in case the stock begins to move against the trade. 40.95 is the first level of support below 41.87 , and by rule, any test of support is a buy signal. In this case, support 40.95 would be being tested, so a buy signal would exist.
The technical…






