July 04, 2025, 23:20 pm ET, BY Billy- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for ELS
- Buy ELS near 59.7 target 63.13 stop loss @ 59.53 Details
The technical summary data tells us to buy ELS near 59.7 with an upside target of 63.13. This data also tells us to set a stop loss @ 59.53 to protect against excessive loss in case the stock begins to move against the trade. 59.7 is the first level of support below 62.12 , and by rule, any test of support is a buy signal. In this case, support 59.7 would be being tested, so a buy signal would exist.
- Short ELS slightly under 63.13, target 59.7, stop loss @ 63.31 Details
The technical summary…