June 03, 2025, 07:06 am ET, BY Jesse F.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for MCRI
- Buy MCRI near 78.04 target 85.14 stop loss @ 77.81 Details
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.
- Short MCRI slightly under 85.14, target 78.04, stop loss @ 85.39 Details
The technical…