Longer Term Trading Plans for IX
- Buy IX near 20.37 target 21.76 stop loss @ 20.31
- Short IX slightly under 21.76, target 20.37, stop loss @ 21.82
May 13, 2025, 00:24 am ET, BY David D.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
The technical summary data tells us to buy IX near 20.37 with an upside target of 21.76. This data also tells us to set a stop loss @ 20.31 to protect against excessive loss in case the stock begins to move against the trade. 20.37 is the first level of support below 20.51 , and by rule, any test of support is a buy signal. In this case, support 20.37 is being tested, a buy signal would exist.
The technical summary data is…






