December 29, 2024, 05:30 am ET, BY Allen K.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for PMAY

• Buy PMAY near 35.65 target 36.13 stop loss @ 35.55 Details

The technical summary data tells us to buy PMAY near 35.65 with an upside target of 36.13. This data also tells us to set a stop loss @ 35.55 to protect against excessive loss in case the stock begins to move against the trade. 35.65 is the first level of support below 35.971 , and by rule, any test of support is a buy signal. In this case, support 35.65 would be being tested, so a buy signal would exist.

• Short PMAY slightly under 36.13, target 35.65, stop loss @ 36.23 Details

The…