Longer Term Trading Plans for BRX
- Buy BRX near 24.1 target 26.44 stop loss @ 24.03
- Short BRX slightly under 26.44, target 24.1, stop loss @ 26.52
June 23, 2025, 16:08 pm ET, BY Bill T.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
The technical summary data tells us to buy BRX near 24.1 with an upside target of 26.44. This data also tells us to set a stop loss @ 24.03 to protect against excessive loss in case the stock begins to move against the trade. 24.1 is the first level of support below 26.18 , and by rule, any test of support is a buy signal. In this case, support 24.1 would be being tested, so a buy signal would exist.
The technical summary…