June 22, 2025, 14:04 pm ET, BY Bill T.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for MDY
- Buy MDY near 549.81 target 586.54 stop loss @ 548.22 Details
The technical summary data tells us to buy MDY near 549.81 with an upside target of 586.54. This data also tells us to set a stop loss @ 548.22 to protect against excessive loss in case the stock begins to move against the trade. 549.81 is the first level of support below 552.11 , and by rule, any test of support is a buy signal. In this case, support 549.81 is being tested, a buy signal would exist.
- Short MDY slightly under 586.54, target 549.81, stop loss @ 588.23 Details
The technical…