(MUNI) Investment Analysis

Longer Term Trading Plans for MUNI

  • Buy MUNI near 51.06 target 51.64 stop loss @ 50.91 Details
  • The technical summary data tells us to buy MUNI near 51.06 with an upside target of 51.64. This data also tells us to set a stop loss @ 50.91 to protect against excessive loss in case the stock begins to move against the trade. 51.06 is the first level of support below 51.22 , and by rule, any test of support is a buy signal. In this case, support 51.06 is being tested, a buy signal would exist.

  • Short MUNI slightly under 51.64, target 51.06, stop loss @ 51.79 Details
  • The technical…

Source link