Longer Term Trading Plans for FOA
- Buy FOA near 20.73 target 26.64 stop loss @ 20.67
- Short FOA slightly under 26.64, target 20.73, stop loss @ 26.72
May 17, 2025, 10:58 am ET, BY Tyler- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
The technical summary data tells us to buy FOA near 20.73 with an upside target of 26.64. This data also tells us to set a stop loss @ 20.67 to protect against excessive loss in case the stock begins to move against the trade. 20.73 is the first level of support below 21.81 , and by rule, any test of support is a buy signal. In this case, support 20.73 would be being tested, so a buy signal would exist.
The technical summary…