June 01, 2025, 16:44 pm ET, BY Bill- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for ERX
- Buy ERX near 45.7 target 53.53 stop loss @ 45.57 Details
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.
- Short ERX slightly under 53.53, target 45.7, stop loss @ 53.68 Details
The technical summary data…