Longer Term Trading Plans for CPER
- Buy CPER near 29.59 target 31.8 stop loss @ 29.5
- Short CPER slightly under 31.8, target 29.59, stop loss @ 31.89
June 13, 2025, 13:30 pm ET, BY Quentin W.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
The technical summary data tells us to buy CPER near 29.59 with an upside target of 31.8. This data also tells us to set a stop loss @ 29.5 to protect against excessive loss in case the stock begins to move against the trade. 29.59 is the first level of support below 30.09 , and by rule, any test of support is a buy signal. In this case, support 29.59 is being tested, a buy signal would exist.
The technical summary…