Longer Term Trading Plans for MCRI
- Buy MCRI near 78.04 target 85.14 stop loss @ 77.81
- Short MCRI slightly under 85.14, target 78.04, stop loss @ 85.39
June 03, 2025, 07:06 am ET, BY Jesse F.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
The technical summary data tells us to buy MCRI near 78.04 with an upside target of 85.14. This data also tells us to set a stop loss @ 77.81 to protect against excessive loss in case the stock begins to move against the trade. 78.04 is the first level of support below 83.64 , and by rule, any test of support is a buy signal. In this case, support 78.04 would be being tested, so a buy signal would exist.
The technical…







