Longer Term Trading Plans for GBLI
- Buy GBLI near 29.38 target 32.61 stop loss @ 29.3
- Short GBLI slightly under 32.61, target 29.38, stop loss @ 32.7
June 29, 2025, 11:40 am ET, BY Robert S.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
The technical summary data tells us to buy GBLI near 29.38 with an upside target of 32.61. This data also tells us to set a stop loss @ 29.3 to protect against excessive loss in case the stock begins to move against the trade. 29.38 is the first level of support below 32.4438 , and by rule, any test of support is a buy signal. In this case, support 29.38 would be being tested, so a buy signal would exist.
The technical…







