June 22, 2025, 17:54 pm ET, BY Rick W.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for R
- Buy R near 138.23 target 155.59 stop loss @ 137.83 Details
The technical summary data tells us to buy R near 138.23 with an upside target of 155.59. This data also tells us to set a stop loss @ 137.83 to protect against excessive loss in case the stock begins to move against the trade. 138.23 is the first level of support below 150.21 , and by rule, any test of support is a buy signal. In this case, support 138.23 would be being tested, so a buy signal would exist.
- Short R slightly under 155.59, target 138.23, stop loss @ 156.04 Details
The technical…