December 29, 2024, 17:46 pm ET, BY Momei- Contributor, Stock Traders Daily| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for BCOW

• Buy BCOW near 9.35 target 10.05 stop loss @ 9.32 Details

The technical summary data tells us to buy BCOW near 9.35 with an upside target of 10.05. This data also tells us to set a stop loss @ 9.32 to protect against excessive loss in case the stock begins to move against the trade. 9.35 is the first level of support below 10.01 , and by rule, any test of support is a buy signal. In this case, support 9.35 would be being tested, so a buy signal would exist.

• Short BCOW slightly under 10.05, target 9.35, stop loss @ 10.08 Details


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