Longer Term Trading Plans for SAH
- Buy SAH near 58.11 target 65.91 stop loss @ 57.94
- Short SAH slightly under 65.91, target 58.11, stop loss @ 66.1
May 10, 2025, 00:16 am ET, BY James G.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
The technical summary data tells us to buy SAH near 58.11 with an upside target of 65.91. This data also tells us to set a stop loss @ 57.94 to protect against excessive loss in case the stock begins to move against the trade. 58.11 is the first level of support below 64.89 , and by rule, any test of support is a buy signal. In this case, support 58.11 would be being tested, so a buy signal would exist.
The technical…