December 27, 2024, 17:48 pm ET, BY Thomas H. Kee Jr- Editor, Stock Traders Daily| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for SOR

• Buy SOR near 45.26 target 46.94 stop loss @ 45.13 Details

The technical summary data tells us to buy SOR near 45.26 with an upside target of 46.94. This data also tells us to set a stop loss @ 45.13 to protect against excessive loss in case the stock begins to move against the trade. 45.26 is the first level of support below 45.41 , and by rule, any test of support is a buy signal. In this case, support 45.26 is being tested, a buy signal would exist.

• Short SOR slightly under 46.94, target 45.26, stop loss @ 47.08 Details


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