(ELS) Investment Analysis

Longer Term Trading Plans for ELS

  • Buy ELS near 59.7 target 63.13 stop loss @ 59.53 Details
  • The technical summary data tells us to buy ELS near 59.7 with an upside target of 63.13. This data also tells us to set a stop loss @ 59.53 to protect against excessive loss in case the stock begins to move against the trade. 59.7 is the first level of support below 62.12 , and by rule, any test of support is a buy signal. In this case, support 59.7 would be being tested, so a buy signal would exist.

  • Short ELS slightly under 63.13, target 59.7, stop loss @ 63.31 Details
  • The technical summary…

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