May 05, 2025, 15:58 pm ET, BY James G.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for IGE
- Buy IGE near 40.95 target 43.64 stop loss @ 40.83 Details
The technical summary data tells us to buy IGE near 40.95 with an upside target of 43.64. This data also tells us to set a stop loss @ 40.83 to protect against excessive loss in case the stock begins to move against the trade. 40.95 is the first level of support below 41.87 , and by rule, any test of support is a buy signal. In this case, support 40.95 would be being tested, so a buy signal would exist.
- Short IGE slightly under 43.64, target 40.95, stop loss @ 43.77 Details
The technical…