Longer Term Trading Plans for IQSI
- Buy IQSI near 29.54 target 30.65 stop loss @ 29.45
- Short IQSI slightly under 30.65, target 29.54, stop loss @ 30.74
December 08, 2024, 21:46 pm ET, BY Quentin W.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
The technical summary data tells us to buy IQSI near 29.54 with an upside target of 30.65. This data also tells us to set a stop loss @ 29.45 to protect against excessive loss in case the stock begins to move against the trade. 29.54 is the first level of support below 30.038 , and by rule, any test of support is a buy signal. In this case, support 29.54 would be being tested, so a buy signal would exist.
The…







