May 11, 2025, 05:28 am ET, BY Momei- Contributor, Stock Traders Daily| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for COMT
- Buy COMT near 24.12 target 25.29 stop loss @ 24.05 Details
The technical summary data tells us to buy COMT near 24.12 with an upside target of 25.29. This data also tells us to set a stop loss @ 24.05 to protect against excessive loss in case the stock begins to move against the trade. 24.12 is the first level of support below 24.9 , and by rule, any test of support is a buy signal. In this case, support 24.12 would be being tested, so a buy signal would exist.
- Short COMT slightly under 25.29, target 24.12, stop loss @ 25.36 Details
…