Longer Term Trading Plans for CACC
- Buy CACC near 489.26 target 543.51 stop loss @ 487.85
- Short CACC slightly under 543.51, target 489.26, stop loss @ 545.08
July 04, 2025, 05:22 am ET, BY William C.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
The technical summary data tells us to buy CACC near 489.26 with an upside target of 543.51. This data also tells us to set a stop loss @ 487.85 to protect against excessive loss in case the stock begins to move against the trade. 489.26 is the first level of support below 530.57 , and by rule, any test of support is a buy signal. In this case, support 489.26 is being tested, a buy signal would exist.
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