June 16, 2025, 06:40 am ET, BY Rolland S.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for OVV
- Buy OVV near 37.18 target 41.88 stop loss @ 37.07 Details
The technical summary data tells us to buy OVV near 37.18 with an upside target of 41.88. This data also tells us to set a stop loss @ 37.07 to protect against excessive loss in case the stock begins to move against the trade. 37.18 is the first level of support below 41.87 , and by rule, any test of support is a buy signal. In this case, support 37.18 is being tested, a buy signal would exist.
- Short OVV slightly under 41.88, target 37.18, stop loss @ 42 Details
The technical summary data…