Longer Term Trading Plans for GLDM
- Buy GLDM near 61.56 target 64.78 stop loss @ 61.38
- Short GLDM slightly under 64.78, target 61.56, stop loss @ 64.97
May 12, 2025, 09:50 am ET, BY Patrick- Contributor, Stock Traders Daily| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
The technical summary data tells us to buy GLDM near 61.56 with an upside target of 64.78. This data also tells us to set a stop loss @ 61.38 to protect against excessive loss in case the stock begins to move against the trade. 61.56 is the first level of support below 64.285 , and by rule, any test of support is a buy signal. In this case, support 61.56 is being tested, a buy signal would exist.






