Longer Term Trading Plans for FNGO
- Buy FNGO near 68.04 target 85.61 stop loss @ 67.84
- Short FNGO slightly under 85.61, target 68.04, stop loss @ 85.86
May 12, 2025, 03:42 am ET, BY John- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
The technical summary data tells us to buy FNGO near 68.04 with an upside target of 85.61. This data also tells us to set a stop loss @ 67.84 to protect against excessive loss in case the stock begins to move against the trade. 68.04 is the first level of support below 79.87 , and by rule, any test of support is a buy signal. In this case, support 68.04 would be being tested, so a buy signal would exist.
The technical…







