The technical summary data tells us to buy LOCT near 23.66 with an upside target of 24.15. This data also tells us to set a stop loss @ 23.59 to protect against excessive loss in case the stock begins to move against the trade. 23.66 is the first level of support below 23.768 , and by rule, any test of support is a buy signal. In this case, support 23.66 is being tested, a buy signal would exist.

The technical summary data is suggesting a short of LOCT as it gets near 24.15 with a downside target of 23.66. We should have a stop loss in place at 24.22though. 24.15 is the first level of resistance above 23.768, and by rule, any test of resistance is a short signal. In this case, if resistance 24.15 is being tested, a short signal would exist.