November 14, 2024, 21:32 pm ET, BY Scott B.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for RVMD
- Buy RVMD near 56.03 target n/a stop loss @ 55.87. Details
The technical summary data tells us to buy RVMD near 56.03, but there is no current upside target from the summary table. In this case we should wait until either an update to the summary table has been made (which usually happens at the beginning of every trading day), or until the position has been stopped. The data does tell us to set a stop loss 55.87 to protect against excessive loss in case the stock begins to move against the trade. 56.03 is the first level of support below 57.37, and by rule, any…