Longer Term Trading Plans for BLDG
- Buy BLDG near 22.96 target 24.57 stop loss @ 22.89
- Short BLDG slightly under 24.57, target 22.96, stop loss @ 24.64
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May 05, 2025, 23:38 pm ET, BY Momei- Contributor, Stock Traders Daily| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
The technical summary data tells us to buy BLDG near 22.96 with an upside target of 24.57. This data also tells us to set a stop loss @ 22.89 to protect against excessive loss in case the stock begins to move against the trade. 22.96 is the first level of support below 23.897 , and by rule, any test of support is a buy signal. In this case, support 22.96 would be being tested, so a buy signal would exist.
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