May 13, 2025, 00:24 am ET, BY David D.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for IX
- Buy IX near 20.37 target 21.76 stop loss @ 20.31 Details
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.
- Short IX slightly under 21.76, target 20.37, stop loss @ 21.82 Details
The technical summary data is…