Longer Term Trading Plans for KOCT
- Buy KOCT near 28.62 target 30.15 stop loss @ 28.54
- Short KOCT slightly under 30.15, target 28.62, stop loss @ 30.24
May 26, 2025, 14:16 pm ET, BY Robert S.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
The technical summary data tells us to buy KOCT near 28.62 with an upside target of 30.15. This data also tells us to set a stop loss @ 28.54 to protect against excessive loss in case the stock begins to move against the trade. 28.62 is the first level of support below 29.4498 , and by rule, any test of support is a buy signal. In this case, support 28.62 would be being tested, so a buy signal would exist.
The…