February 19, 2025, 03:42 am ET, BY Momei- Contributor, Stock Traders Daily| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for RECS

• Buy RECS near 36 target 36.92 stop loss @ 35.9 Details

The technical summary data tells us to buy RECS near 36 with an upside target of 36.92. This data also tells us to set a stop loss @ 35.9 to protect against excessive loss in case the stock begins to move against the trade. 36 is the first level of support below 36.08 , and by rule, any test of support is a buy signal. In this case, support 36 is being tested, a buy signal would exist.

• Short RECS slightly under 36.92, target 36, stop loss @ 37.03 Details

The technical…