May 20, 2025, 13:22 pm ET, BY William C.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for TLT
- Buy TLT near 83.65 target 87.62 stop loss @ 83.41 Details
The technical summary data tells us to buy TLT near 83.65 with an upside target of 87.62. This data also tells us to set a stop loss @ 83.41 to protect against excessive loss in case the stock begins to move against the trade. 83.65 is the first level of support below 85.57 , and by rule, any test of support is a buy signal. In this case, support 83.65 would be being tested, so a buy signal would exist.
- Short TLT slightly under 87.62, target 83.65, stop loss @ 87.87 Details
The technical…
