December 29, 2024, 10:52 am ET, BY Tyler- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for ESOA

• Buy ESOA near 12.83 target 15.71 stop loss @ 12.79 Details

The technical summary data tells us to buy ESOA near 12.83 with an upside target of 15.71. This data also tells us to set a stop loss @ 12.79 to protect against excessive loss in case the stock begins to move against the trade. 12.83 is the first level of support below 13.19 , and by rule, any test of support is a buy signal. In this case, support 12.83 is being tested, a buy signal would exist.

• Short ESOA slightly under 15.71, target 12.83, stop loss @ 15.76 Details

The technical summary…