(WOOD) Investment Analysis

Longer Term Trading Plans for WOOD

  • Buy WOOD near 69.38 target 73.32 stop loss @ 69.18 Details
  • The technical summary data tells us to buy WOOD near 69.38 with an upside target of 73.32. This data also tells us to set a stop loss @ 69.18 to protect against excessive loss in case the stock begins to move against the trade. 69.38 is the first level of support below 71.87 , and by rule, any test of support is a buy signal. In this case, support 69.38 would be being tested, so a buy signal would exist.

  • Short WOOD slightly under 73.32, target 69.38, stop loss @ 73.53 Details
  • The…

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