(ECAT) Investment Analysis

Longer Term Trading Plans for ECAT

  • Buy ECAT near 14.89 target 15.8 stop loss @ 14.85 Details
  • The technical summary data tells us to buy ECAT near 14.89 with an upside target of 15.8. This data also tells us to set a stop loss @ 14.85 to protect against excessive loss in case the stock begins to move against the trade. 14.89 is the first level of support below 15.74 , and by rule, any test of support is a buy signal. In this case, support 14.89 would be being tested, so a buy signal would exist.

  • Short ECAT slightly under 15.8, target 14.89, stop loss @ 15.85 Details
  • The technical…

Source link