Longer Term Trading Plans for AIRTP
- Buy AIRTP near 16.74 target 17.58 stop loss @ 16.69
- Short AIRTP slightly under 17.58, target 16.74, stop loss @ 17.63
May 28, 2025, 13:48 pm ET, BY Jake B.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
The technical summary data tells us to buy AIRTP near 16.74 with an upside target of 17.58. This data also tells us to set a stop loss @ 16.69 to protect against excessive loss in case the stock begins to move against the trade. 16.74 is the first level of support below 17.27 , and by rule, any test of support is a buy signal. In this case, support 16.74 is being tested, a buy signal would exist.
The technical…