Longer Term Trading Plans for WAY
- Buy WAY near 38.12 target 42.71 stop loss @ 38.01
- Short WAY slightly under 42.71, target 38.12, stop loss @ 42.83
June 30, 2025, 15:16 pm ET, BY Thomas Y.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
The technical summary data tells us to buy WAY near 38.12 with an upside target of 42.71. This data also tells us to set a stop loss @ 38.01 to protect against excessive loss in case the stock begins to move against the trade. 38.12 is the first level of support below 40.8425 , and by rule, any test of support is a buy signal. In this case, support 38.12 would be being tested, so a buy signal would exist.
The technical…