June 19, 2025, 22:54 pm ET, BY Rick O.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for MITP
- Buy MITP near 24.97 target 25.31 stop loss @ 24.9 Details
The technical summary data tells us to buy MITP near 24.97 with an upside target of 25.31. This data also tells us to set a stop loss @ 24.9 to protect against excessive loss in case the stock begins to move against the trade. 24.97 is the first level of support below 25.05 , and by rule, any test of support is a buy signal. In this case, support 24.97 is being tested, a buy signal would exist.
- Short MITP slightly under 25.31, target 24.97, stop loss @ 25.38 Details
The technical summary…