Longer Term Trading Plans for ONLN
- Buy ONLN near 46.26 target 50.31 stop loss @ 46.13
- Short ONLN slightly under 50.31, target 46.26, stop loss @ 50.46
May 24, 2025, 08:36 am ET, BY Patrick- Contributor, Stock Traders Daily| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
The technical summary data tells us to buy ONLN near 46.26 with an upside target of 50.31. This data also tells us to set a stop loss @ 46.13 to protect against excessive loss in case the stock begins to move against the trade. 46.26 is the first level of support below 47.32 , and by rule, any test of support is a buy signal. In this case, support 46.26 is being tested, a buy signal would exist.
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