March 31, 2025, 07:48 am ET, BY Barry C.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for GEM
- Buy GEM near 32.15 target 33.61 stop loss @ 32.06 Details
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.
- Short GEM slightly under 33.61, target 32.15, stop loss @ 33.71 Details
The technical…