Longer Term Trading Plans for FVAL
- Buy FVAL near 57.4 target 61.5 stop loss @ 57.23
- Short FVAL slightly under 61.5, target 57.4, stop loss @ 61.68
May 12, 2025, 06:46 am ET, BY Jake B.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
The technical summary data tells us to buy FVAL near 57.4 with an upside target of 61.5. This data also tells us to set a stop loss @ 57.23 to protect against excessive loss in case the stock begins to move against the trade. 57.4 is the first level of support below 59.26 , and by rule, any test of support is a buy signal. In this case, support 57.4 would be being tested, so a buy signal would exist.
The technical summary…






