Longer Term Trading Plans for LKQ
- Buy LKQ near 39.1 target 42.38 stop loss @ 38.99
- Short LKQ slightly under 42.38, target 39.1, stop loss @ 42.5
May 23, 2025, 18:02 pm ET, BY Allen K.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
The technical summary data tells us to buy LKQ near 39.1 with an upside target of 42.38. This data also tells us to set a stop loss @ 38.99 to protect against excessive loss in case the stock begins to move against the trade. 39.1 is the first level of support below 40.64 , and by rule, any test of support is a buy signal. In this case, support 39.1 is being tested, a buy signal would exist.
The technical summary data is…






