January 05, 2025, 17:48 pm ET, BY Barry C.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for LBRDA
- Buy LBRDA near 76.92 target 91.08 stop loss @ 76.7 Details
The technical summary data tells us to buy LBRDA near 76.92 with an upside target of 91.08. This data also tells us to set a stop loss @ 76.7 to protect against excessive loss in case the stock begins to move against the trade. 76.92 is the first level of support below 77.14 , and by rule, any test of support is a buy signal. In this case, support 76.92 is being tested, a buy signal would exist.
- Short LBRDA slightly under 91.08, target 76.92, stop loss @ 91.34 Details
The technical…