Longer Term Trading Plans for PGX
- Buy PGX near 10.71 target 11.13 stop loss @ 10.68
- Short PGX slightly under 11.13, target 10.71, stop loss @ 11.16
June 22, 2025, 16:22 pm ET, BY Jolene W.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
The technical summary data tells us to buy PGX near 10.71 with an upside target of 11.13. This data also tells us to set a stop loss @ 10.68 to protect against excessive loss in case the stock begins to move against the trade. 10.71 is the first level of support below 11.08 , and by rule, any test of support is a buy signal. In this case, support 10.71 would be being tested, so a buy signal would exist.
The technical…