Longer Term Trading Plans for GEM
- Buy GEM near 32.15 target 33.61 stop loss @ 32.06
- Short GEM slightly under 33.61, target 32.15, stop loss @ 33.71
March 31, 2025, 07:48 am ET, BY Barry C.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
The technical summary data tells us to buy GEM near 32.15 with an upside target of 33.61. This data also tells us to set a stop loss @ 32.06 to protect against excessive loss in case the stock begins to move against the trade. 32.15 is the first level of support below 33.265 , and by rule, any test of support is a buy signal. In this case, support 32.15 would be being tested, so a buy signal would exist.
The technical…







