June 10, 2025, 15:08 pm ET, BY Harold S.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for CNOBP
- Buy CNOBP near 22.16 target 22.99 stop loss @ 22.1 Details
The technical summary data tells us to buy CNOBP near 22.16 with an upside target of 22.99. This data also tells us to set a stop loss @ 22.1 to protect against excessive loss in case the stock begins to move against the trade. 22.16 is the first level of support below 22.65 , and by rule, any test of support is a buy signal. In this case, support 22.16 would be being tested, so a buy signal would exist.
- Short CNOBP slightly under 22.99, target 22.16, stop loss @ 23.06 Details
The…