May 16, 2025, 00:28 am ET, BY Scott B.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for FLOT

• Buy FLOT near 50.84 target 51.05 stop loss @ 50.69 Details

The technical summary data tells us to buy FLOT near 50.84 with an upside target of 51.05. This data also tells us to set a stop loss @ 50.69 to protect against excessive loss in case the stock begins to move against the trade. 50.84 is the first level of support below 50.86 , and by rule, any test of support is a buy signal. In this case, support 50.84 is being tested, a buy signal would exist.

• Short FLOT slightly under 51.05, target 50.84, stop loss @ 51.2 Details

The technical summary…