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$NFBK | ($NFBK) On The My Stocks Page (NFBK)

By Thomas Kee

$NFBK | ($NFBK) On The My Stocks Page (NFBK)

The technical summary data tells us to buy NFBK near 10.95 with an upside target of 12.82. This data also tells us to set a stop loss @ 10.92 to protect against excessive loss in case the stock begins to move against the trade. 10.95 is the first level of support below 11.68 , and by rule, any test of support is a buy signal. In this case, support 10.95 is being tested, a buy signal would exist.

The technical summary data is suggesting a short of NFBK as it gets near 12.82 with a downside target of 10.95. We should have a stop loss in place at 12.86though. 12.82 is the first level of resistance above 11.68, and by rule, any test of resistance is a short signal. In this case, if resistance 12.82 is being tested, a short signal would exist.

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