Longer Term Trading Plans for FBOT
- Buy FBOT near 25.37 target 27.59 stop loss @ 25.3
- Short FBOT slightly under 27.59, target 25.37, stop loss @ 27.67
May 06, 2025, 10:22 am ET, BY Scott B.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
The technical summary data tells us to buy FBOT near 25.37 with an upside target of 27.59. This data also tells us to set a stop loss @ 25.3 to protect against excessive loss in case the stock begins to move against the trade. 25.37 is the first level of support below 26.91 , and by rule, any test of support is a buy signal. In this case, support 25.37 would be being tested, so a buy signal would exist.
The technical…







