Longer Term Trading Plans for FEBP
- Buy FEBP near 28.33 target 29.1 stop loss @ 28.25
- Short FEBP slightly under 29.1, target 28.33, stop loss @ 29.18
June 21, 2025, 06:20 am ET, BY Jesse F.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
The technical summary data tells us to buy FEBP near 28.33 with an upside target of 29.1. This data also tells us to set a stop loss @ 28.25 to protect against excessive loss in case the stock begins to move against the trade. 28.33 is the first level of support below 28.7134 , and by rule, any test of support is a buy signal. In this case, support 28.33 is being tested, a buy signal would exist.
The technical summary…