Longer Term Trading Plans for DMAR
- Buy DMAR near 38.52 target 39.57 stop loss @ 38.41
- Short DMAR slightly under 39.57, target 38.52, stop loss @ 39.68
May 15, 2025, 22:56 pm ET, BY Christie- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
The technical summary data tells us to buy DMAR near 38.52 with an upside target of 39.57. This data also tells us to set a stop loss @ 38.41 to protect against excessive loss in case the stock begins to move against the trade. 38.52 is the first level of support below 38.59 , and by rule, any test of support is a buy signal. In this case, support 38.52 is being tested, a buy signal would exist.
The technical summary…