Longer Term Trading Plans for AMP
- Buy AMP near 466.49 target 529.52 stop loss @ 465.14
- Short AMP slightly under 529.52, target 466.49, stop loss @ 531.05
May 10, 2025, 10:18 am ET, BY Billy- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
The technical summary data tells us to buy AMP near 466.49 with an upside target of 529.52. This data also tells us to set a stop loss @ 465.14 to protect against excessive loss in case the stock begins to move against the trade. 466.49 is the first level of support below 492.18 , and by rule, any test of support is a buy signal. In this case, support 466.49 would be being tested, so a buy signal would exist.
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