Longer Term Trading Plans for APO
- Buy APO near 123.21 target 150.85 stop loss @ 122.85
- Short APO slightly under 150.85, target 123.21, stop loss @ 151.29
June 12, 2025, 18:32 pm ET, BY Christie- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
The technical summary data tells us to buy APO near 123.21 with an upside target of 150.85. This data also tells us to set a stop loss @ 122.85 to protect against excessive loss in case the stock begins to move against the trade. 123.21 is the first level of support below 138.11 , and by rule, any test of support is a buy signal. In this case, support 123.21 would be being tested, so a buy signal would exist.
The…