January 19, 2025, 07:44 am ET, BY John- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for JEMA

• Buy JEMA near 37.35 target 38.91 stop loss @ 37.24 Details

The technical summary data tells us to buy JEMA near 37.35 with an upside target of 38.91. This data also tells us to set a stop loss @ 37.24 to protect against excessive loss in case the stock begins to move against the trade. 37.35 is the first level of support below 37.46 , and by rule, any test of support is a buy signal. In this case, support 37.35 would be being tested, so a buy signal would exist.

• Short JEMA slightly under 38.91, target 37.35, stop loss @ 39.02 Details

The technical…