Longer Term Trading Plans for ERX
- Buy ERX near 45.7 target 53.53 stop loss @ 45.57
- Short ERX slightly under 53.53, target 45.7, stop loss @ 53.68
June 01, 2025, 16:44 pm ET, BY Bill- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
The technical summary data tells us to buy ERX near 45.7 with an upside target of 53.53. This data also tells us to set a stop loss @ 45.57 to protect against excessive loss in case the stock begins to move against the trade. 45.7 is the first level of support below 47.38 , and by rule, any test of support is a buy signal. In this case, support 45.7 would be being tested, so a buy signal would exist.
The technical summary data…






