Longer Term Trading Plans for IQLT
- Buy IQLT near 40.55 target 42.42 stop loss @ 40.43
- Short IQLT slightly under 42.42, target 40.55, stop loss @ 42.54
June 25, 2025, 17:10 pm ET, BY Joseph H.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
The technical summary data tells us to buy IQLT near 40.55 with an upside target of 42.42. This data also tells us to set a stop loss @ 40.43 to protect against excessive loss in case the stock begins to move against the trade. 40.55 is the first level of support below 42.4 , and by rule, any test of support is a buy signal. In this case, support 40.55 is being tested, a buy signal would exist.
The technical summary…