December 25, 2024, 00:00 am ET, BY Tyler- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

The technical summary data tells us to buy FNCL near 68.83 with an upside target of 71.85. This data also tells us to set a stop loss @ 68.63 to protect against excessive loss in case the stock begins to move against the trade. 68.83 is the first level of support below 69.68 , and by rule, any test of support is a buy signal. In this case, support 68.83 is being tested, a buy signal would exist.

The technical summary data is suggesting a short of FNCL as it gets near 71.85 with a downside target of 68.83. We should have a stop loss in place at 72.06though. 71.85 is the first level of resistance above 69.68, and by rule, any test of resistance is a short signal. In this case, if resistance 71.85 is being tested, a short signal would exist.