May 03, 2025, 07:14 am ET, BY Allen K.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for NOMD
- Buy NOMD near 18.63 target 20.21 stop loss @ 18.58 Details
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.
- Short NOMD slightly under 20.21, target 18.63, stop loss @ 20.27 Details
The technical summary…