May 20, 2025, 08:46 am ET, BY Scott B.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for PLCE
- Buy PLCE near 5.17 target 8.6 stop loss @ 5.16 Details
The technical summary data tells us to buy PLCE near 5.17 with an upside target of 8.6. This data also tells us to set a stop loss @ 5.16 to protect against excessive loss in case the stock begins to move against the trade. 5.17 is the first level of support below 6.01 , and by rule, any test of support is a buy signal. In this case, support 5.17 would be being tested, so a buy signal would exist.
- Short PLCE slightly under 8.6, target 5.17, stop loss @ 8.62 Details
The technical summary data is…