June 01, 2025, 06:00 am ET, BY Christie- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for CXW
- Buy CXW near 19.82 target 23.05 stop loss @ 19.76 Details
The technical summary data tells us to buy CXW near 19.82 with an upside target of 23.05. This data also tells us to set a stop loss @ 19.76 to protect against excessive loss in case the stock begins to move against the trade. 19.82 is the first level of support below 21.96 , and by rule, any test of support is a buy signal. In this case, support 19.82 would be being tested, so a buy signal would exist.
- Short CXW slightly under 23.05, target 19.82, stop loss @ 23.12 Details
The technical…