Longer Term Trading Plans for XTWO
- Buy XTWO near 49.33 target 49.71 stop loss @ 49.19
- Short XTWO slightly under 49.71, target 49.33, stop loss @ 49.85
April 19, 2025, 23:52 pm ET, BY Rick O.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
The technical summary data tells us to buy XTWO near 49.33 with an upside target of 49.71. This data also tells us to set a stop loss @ 49.19 to protect against excessive loss in case the stock begins to move against the trade. 49.33 is the first level of support below 49.48 , and by rule, any test of support is a buy signal. In this case, support 49.33 is being tested, a buy signal would exist.
The technical summary…