June 22, 2025, 05:38 am ET, BY Tom S.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for CB
- Buy CB near 271.94 target 287.84 stop loss @ 271.15 Details
The technical summary data tells us to buy CB near 271.94 with an upside target of 287.84. This data also tells us to set a stop loss @ 271.15 to protect against excessive loss in case the stock begins to move against the trade. 271.94 is the first level of support below 283.82 , and by rule, any test of support is a buy signal. In this case, support 271.94 would be being tested, so a buy signal would exist.
- Short CB slightly under 287.84, target 271.94, stop loss @ 288.67 Details
The…