Longer Term Trading Plans for BUG
- Buy BUG near 35.02 target 36.98 stop loss @ 34.92
- Short BUG slightly under 36.98, target 35.02, stop loss @ 37.09
June 13, 2025, 06:36 am ET, BY Bill T.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
The technical summary data tells us to buy BUG near 35.02 with an upside target of 36.98. This data also tells us to set a stop loss @ 34.92 to protect against excessive loss in case the stock begins to move against the trade. 35.02 is the first level of support below 36.06 , and by rule, any test of support is a buy signal. In this case, support 35.02 is being tested, a buy signal would exist.
The technical summary data…