Longer Term Trading Plans for FAX
- Buy FAX near 15.31 target 16.06 stop loss @ 15.27
- Short FAX slightly under 16.06, target 15.31, stop loss @ 16.11
May 17, 2025, 23:14 pm ET, BY Thomas Y.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
The technical summary data tells us to buy FAX near 15.31 with an upside target of 16.06. This data also tells us to set a stop loss @ 15.27 to protect against excessive loss in case the stock begins to move against the trade. 15.31 is the first level of support below 15.58 , and by rule, any test of support is a buy signal. In this case, support 15.31 is being tested, a buy signal would exist.
The technical summary data…






