June 15, 2025, 13:48 pm ET, BY Thomas H. Kee Jr- Editor, Stock Traders Daily| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for LBRDP
- Buy LBRDP near 24.3 target 25.09 stop loss @ 24.23 Details
The technical summary data tells us to buy LBRDP near 24.3 with an upside target of 25.09. This data also tells us to set a stop loss @ 24.23 to protect against excessive loss in case the stock begins to move against the trade. 24.3 is the first level of support below 24.84 , and by rule, any test of support is a buy signal. In this case, support 24.3 would be being tested, so a buy signal would exist.
- Short LBRDP slightly under 25.09, target 24.3, stop loss @ 25.16 Source link