May 05, 2025, 08:18 am ET, BY Scott B.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for ZIG
- Buy ZIG near 33.25 target 36.62 stop loss @ 33.15 Details
The technical summary data tells us to buy ZIG near 33.25 with an upside target of 36.62. This data also tells us to set a stop loss @ 33.15 to protect against excessive loss in case the stock begins to move against the trade. 33.25 is the first level of support below 33.7722 , and by rule, any test of support is a buy signal. In this case, support 33.25 would be being tested, so a buy signal would exist.
- Short ZIG slightly under 36.62, target 33.25, stop loss @ 36.73 Details
The technical…