Longer Term Trading Plans for ELS
- Buy ELS near 59.7 target 63.13 stop loss @ 59.53
- Short ELS slightly under 63.13, target 59.7, stop loss @ 63.31
July 04, 2025, 23:20 pm ET, BY Billy- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
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.
The technical summary…







