Longer Term Trading Plans for FCOM
- Buy FCOM near 60.13 target 64.33 stop loss @ 59.96
- Short FCOM slightly under 64.33, target 60.13, stop loss @ 64.52
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June 01, 2025, 20:34 pm ET, BY Thomas H. Kee Jr- Editor, Stock Traders Daily| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
The technical summary data tells us to buy FCOM near 60.13 with an upside target of 64.33. This data also tells us to set a stop loss @ 59.96 to protect against excessive loss in case the stock begins to move against the trade. 60.13 is the first level of support below 60.41 , and by rule, any test of support is a buy signal. In this case, support 60.13 is being tested, a buy signal would exist.
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