Longer Term Trading Plans for DNTH
- Buy DNTH near 17.18 target 21.86 stop loss @ 17.13
- Short DNTH slightly under 21.86, target 17.18, stop loss @ 21.92
April 21, 2025, 15:52 pm ET, BY Tom S.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
The technical summary data tells us to buy DNTH near 17.18 with an upside target of 21.86. This data also tells us to set a stop loss @ 17.13 to protect against excessive loss in case the stock begins to move against the trade. 17.18 is the first level of support below 20.45 , and by rule, any test of support is a buy signal. In this case, support 17.18 would be being tested, so a buy signal would exist.
The technical…