Longer Term Trading Plans for IOSP
- Buy IOSP near 83.14 target 93.1 stop loss @ 82.9
- Short IOSP slightly under 93.1, target 83.14, stop loss @ 93.37
May 23, 2025, 08:50 am ET, BY Neal- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
The technical summary data tells us to buy IOSP near 83.14 with an upside target of 93.1. This data also tells us to set a stop loss @ 82.9 to protect against excessive loss in case the stock begins to move against the trade. 83.14 is the first level of support below 86.15 , and by rule, any test of support is a buy signal. In this case, support 83.14 would be being tested, so a buy signal would exist.
The technical summary…







