June 28, 2025, 05:46 am ET, BY Momei- Contributor, Stock Traders Daily| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for VMBS
- Buy VMBS near 45.55 target 46.35 stop loss @ 45.42 Details
The technical summary data tells us to buy VMBS near 45.55 with an upside target of 46.35. This data also tells us to set a stop loss @ 45.42 to protect against excessive loss in case the stock begins to move against the trade. 45.55 is the first level of support below 46.19 , and by rule, any test of support is a buy signal. In this case, support 45.55 is being tested, a buy signal would exist.
- Short VMBS slightly under 46.35, target 45.55, stop loss @ 46.48 Details
The…