Longer Term Trading Plans for RAMP
- Buy RAMP near 23.55 target 28.04 stop loss @ 23.48
- Short RAMP slightly under 28.04, target 23.55, stop loss @ 28.12
April 18, 2025, 14:08 pm ET, BY Tyler- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
The technical summary data tells us to buy RAMP near 23.55 with an upside target of 28.04. This data also tells us to set a stop loss @ 23.48 to protect against excessive loss in case the stock begins to move against the trade. 23.55 is the first level of support below 24.93 , and by rule, any test of support is a buy signal. In this case, support 23.55 would be being tested, so a buy signal would exist.
The technical…