Longer Term Trading Plans for IPGP
- Buy IPGP near 60.5 target 69.96 stop loss @ 60.33
- Short IPGP slightly under 69.96, target 60.5, stop loss @ 70.16
June 02, 2025, 19:34 pm ET, BY Bill T.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
The technical summary data tells us to buy IPGP near 60.5 with an upside target of 69.96. This data also tells us to set a stop loss @ 60.33 to protect against excessive loss in case the stock begins to move against the trade. 60.5 is the first level of support below 66.46 , and by rule, any test of support is a buy signal. In this case, support 60.5 is being tested, a buy signal would exist.
The technical summary data…







