May 11, 2025, 04:42 am ET, BY Jake B.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for CNNE
- Buy CNNE near 16.92 target 18.76 stop loss @ 16.87 Details
The technical summary data tells us to buy CNNE near 16.92 with an upside target of 18.76. This data also tells us to set a stop loss @ 16.87 to protect against excessive loss in case the stock begins to move against the trade. 16.92 is the first level of support below 18.39 , and by rule, any test of support is a buy signal. In this case, support 16.92 would be being tested, so a buy signal would exist.
- Short CNNE slightly under 18.76, target 16.92, stop loss @ 18.81 Details
The technical…
