December 29, 2024, 08:34 am ET, BY David D.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for XBJL
- Buy XBJL near 34.13 target 34.54 stop loss @ 34.03 Details
The technical summary data tells us to buy XBJL near 34.13 with an upside target of 34.54. This data also tells us to set a stop loss @ 34.03 to protect against excessive loss in case the stock begins to move against the trade. 34.13 is the first level of support below 34.2903 , and by rule, any test of support is a buy signal. In this case, support 34.13 is being tested, a buy signal would exist.
- Short XBJL slightly under 34.54, target 34.13, stop loss @ 34.64 Details
The technical…