June 16, 2025, 15:52 pm ET, BY Thomas H. Kee Jr- Editor, Stock Traders Daily| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for RACE

• Buy RACE near 461.25 target 498.8 stop loss @ 459.92 Details

The technical summary data tells us to buy RACE near 461.25 with an upside target of 498.8. This data also tells us to set a stop loss @ 459.92 to protect against excessive loss in case the stock begins to move against the trade. 461.25 is the first level of support below 464.82 , and by rule, any test of support is a buy signal. In this case, support 461.25 is being tested, a buy signal would exist.

• Short RACE slightly under 498.8, target 461.25, stop loss @ 500.24 Source link