May 04, 2025, 00:52 am ET, BY Thomas Y.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for ROBO
- Buy ROBO near 49.67 target 54.44 stop loss @ 49.53 Details
The technical summary data tells us to buy ROBO near 49.67 with an upside target of 54.44. This data also tells us to set a stop loss @ 49.53 to protect against excessive loss in case the stock begins to move against the trade. 49.67 is the first level of support below 52.44 , and by rule, any test of support is a buy signal. In this case, support 49.67 would be being tested, so a buy signal would exist.
- Short ROBO slightly under 54.44, target 49.67, stop loss @ 54.6 Details
The technical…
