Longer Term Trading Plans for BTCW
- Buy BTCW near 99.52 target 113.66 stop loss @ 99.23
- Short BTCW slightly under 113.66, target 99.52, stop loss @ 113.99
June 30, 2025, 01:28 am ET, BY Joseph H.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
The technical summary data tells us to buy BTCW near 99.52 with an upside target of 113.66. This data also tells us to set a stop loss @ 99.23 to protect against excessive loss in case the stock begins to move against the trade. 99.52 is the first level of support below 113.19 , and by rule, any test of support is a buy signal. In this case, support 99.52 would be being tested, so a buy signal would exist.
The…