The technical summary data tells us to buy RAYC near 14.66 with an upside target of 16.23. This data also tells us to set a stop loss @ 14.62 to protect against excessive loss in case the stock begins to move against the trade. 14.66 is the first level of support below 14.87 , and by rule, any test of support is a buy signal. In this case, support 14.66 is being tested, a buy signal would exist.

The technical summary data is suggesting a short of RAYC as it gets near 16.23 with a downside target of 14.66. We should have a stop loss in place at 16.28though. 16.23 is the first level of resistance above 14.87, and by rule, any test of resistance is a short signal. In this case, if resistance 16.23 is being tested, a short signal would exist.