April 20, 2025, 18:16 pm ET, BY Tyler- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for RAYE

• Buy RAYE near 21.75 target 23.31 stop loss @ 21.69 Details

The technical summary data tells us to buy RAYE near 21.75 with an upside target of 23.31. This data also tells us to set a stop loss @ 21.69 to protect against excessive loss in case the stock begins to move against the trade. 21.75 is the first level of support below 21.78 , and by rule, any test of support is a buy signal. In this case, support 21.75 would be being tested, so a buy signal would exist.

• Short RAYE slightly under 23.31, target 21.75, stop loss @ 23.38 Details

The technical…