June 02, 2025, 19:34 pm ET, BY Bill T.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for IPGP
- Buy IPGP near 60.5 target 69.96 stop loss @ 60.33 Details
The technical summary data tells us to buy IPGP near 60.5 with an upside target of 69.96. This data also tells us to set a stop loss @ 60.33 to protect against excessive loss in case the stock begins to move against the trade. 60.5 is the first level of support below 66.46 , and by rule, any test of support is a buy signal. In this case, support 60.5 is being tested, a buy signal would exist.
- Short IPGP slightly under 69.96, target 60.5, stop loss @ 70.16 Details
The technical summary data…