June 17, 2025, 23:22 pm ET, BY Thomas Y.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for WOOD
- Buy WOOD near 69.38 target 73.32 stop loss @ 69.18 Details
The technical summary data tells us to buy WOOD near 69.38 with an upside target of 73.32. This data also tells us to set a stop loss @ 69.18 to protect against excessive loss in case the stock begins to move against the trade. 69.38 is the first level of support below 71.87 , and by rule, any test of support is a buy signal. In this case, support 69.38 would be being tested, so a buy signal would exist.
- Short WOOD slightly under 73.32, target 69.38, stop loss @ 73.53 Details
The…