Longer Term Trading Plans for BIS
- Buy BIS near 18.04 target 20.64 stop loss @ 17.99
- Short BIS slightly under 20.64, target 18.04, stop loss @ 20.7
April 30, 2025, 07:56 am ET, BY Bill T.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
The technical summary data tells us to buy BIS near 18.04 with an upside target of 20.64. This data also tells us to set a stop loss @ 17.99 to protect against excessive loss in case the stock begins to move against the trade. 18.04 is the first level of support below 18.48 , and by rule, any test of support is a buy signal. In this case, support 18.04 is being tested, a buy signal would exist.
The technical summary data…