Longer Term Trading Plans for MVPA
- Buy MVPA near 30.3 target 33.63 stop loss @ 30.21
- Short MVPA slightly under 33.63, target 30.3, stop loss @ 33.73
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May 17, 2025, 15:34 pm ET, BY Thomas H. Kee Jr- Editor, Stock Traders Daily| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
The technical summary data tells us to buy MVPA near 30.3 with an upside target of 33.63. This data also tells us to set a stop loss @ 30.21 to protect against excessive loss in case the stock begins to move against the trade. 30.3 is the first level of support below 33.1768 , and by rule, any test of support is a buy signal. In this case, support 30.3 would be being tested, so a buy signal would exist.
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