April 30, 2025, 02:34 am ET, BY William C.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for ASX
- Buy ASX near 8.17 target 9.32 stop loss @ 8.15 Details
The technical summary data tells us to buy ASX near 8.17 with an upside target of 9.32. This data also tells us to set a stop loss @ 8.15 to protect against excessive loss in case the stock begins to move against the trade. 8.17 is the first level of support below 8.7 , and by rule, any test of support is a buy signal. In this case, support 8.17 would be being tested, so a buy signal would exist.
- Short ASX slightly under 9.32, target 8.17, stop loss @ 9.35 Details
The technical summary data…