Longer Term Trading Plans for NOMD
- Buy NOMD near 18.63 target 20.21 stop loss @ 18.58
- Short NOMD slightly under 20.21, target 18.63, stop loss @ 20.27
May 03, 2025, 07:14 am ET, BY Allen K.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
The technical summary data tells us to buy NOMD near 18.63 with an upside target of 20.21. This data also tells us to set a stop loss @ 18.58 to protect against excessive loss in case the stock begins to move against the trade. 18.63 is the first level of support below 20.13 , and by rule, any test of support is a buy signal. In this case, support 18.63 is being tested, a buy signal would exist.
The technical summary…







