May 17, 2025, 16:20 pm ET, BY Rick W.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for NYMTI
- Buy NYMTI near 24.16 target 24.77 stop loss @ 24.09 Details
The technical summary data tells us to buy NYMTI near 24.16 with an upside target of 24.77. This data also tells us to set a stop loss @ 24.09 to protect against excessive loss in case the stock begins to move against the trade. 24.16 is the first level of support below 24.473 , and by rule, any test of support is a buy signal. In this case, support 24.16 would be being tested, so a buy signal would exist.
- Short NYMTI slightly under 24.77, target 24.16, stop loss @ 24.84 Details
The…
May 18 2025
