Longer Term Trading Plans for ALLY
- Buy ALLY near 33.86 target 37.66 stop loss @ 33.76
- Short ALLY slightly under 37.66, target 33.86, stop loss @ 37.77
May 10, 2025, 09:32 am ET, BY Jesse F.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
The technical summary data tells us to buy ALLY near 33.86 with an upside target of 37.66. This data also tells us to set a stop loss @ 33.76 to protect against excessive loss in case the stock begins to move against the trade. 33.86 is the first level of support below 34.61 , and by rule, any test of support is a buy signal. In this case, support 33.86 is being tested, a buy signal would exist.
The technical summary…







