Longer Term Trading Plans for CGUS
- Buy CGUS near 34.82 target 36.75 stop loss @ 34.72
- Short CGUS slightly under 36.75, target 34.82, stop loss @ 36.86
May 21, 2025, 13:08 pm ET, BY Simon M.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
The technical summary data tells us to buy CGUS near 34.82 with an upside target of 36.75. This data also tells us to set a stop loss @ 34.72 to protect against excessive loss in case the stock begins to move against the trade. 34.82 is the first level of support below 34.965 , and by rule, any test of support is a buy signal. In this case, support 34.82 is being tested, a buy signal would exist.
The technical summary…







