May 05, 2025, 00:38 am ET, BY Randall S.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for VMI
- Buy VMI near 290.1 target 327.85 stop loss @ 289.26 Details
The technical summary data tells us to buy VMI near 290.1 with an upside target of 327.85. This data also tells us to set a stop loss @ 289.26 to protect against excessive loss in case the stock begins to move against the trade. 290.1 is the first level of support below 307.43 , and by rule, any test of support is a buy signal. In this case, support 290.1 would be being tested, so a buy signal would exist.
- Short VMI slightly under 327.85, target 290.1, stop loss @ 328.8 Details
The…
May 05 2025
