June 22, 2025, 06:24 am ET, BY Simon M.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for CNC
- Buy CNC near 49.31 target 55.69 stop loss @ 49.17 Details
The technical summary data tells us to buy CNC near 49.31 with an upside target of 55.69. This data also tells us to set a stop loss @ 49.17 to protect against excessive loss in case the stock begins to move against the trade. 49.31 is the first level of support below 54.4 , and by rule, any test of support is a buy signal. In this case, support 49.31 would be being tested, so a buy signal would exist.
- Short CNC slightly under 55.69, target 49.31, stop loss @ 55.85 Details
The technical…
Jun 22 2025
