Longer Term Trading Plans for OSPN
- Buy OSPN near 14.93 target 17.44 stop loss @ 14.89
- Short OSPN slightly under 17.44, target 14.93, stop loss @ 17.49
May 24, 2025, 09:22 am ET, BY Randall S.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
The technical summary data tells us to buy OSPN near 14.93 with an upside target of 17.44. This data also tells us to set a stop loss @ 14.89 to protect against excessive loss in case the stock begins to move against the trade. 14.93 is the first level of support below 15.805 , and by rule, any test of support is a buy signal. In this case, support 14.93 would be being tested, so a buy signal would exist.
The…