June 27, 2025, 09:48 am ET, BY Jesse F.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for SCMB
- Buy SCMB near 24.71 target 25.11 stop loss @ 24.64 Details
The technical summary data tells us to buy SCMB near 24.71 with an upside target of 25.11. This data also tells us to set a stop loss @ 24.64 to protect against excessive loss in case the stock begins to move against the trade. 24.71 is the first level of support below 25.08 , and by rule, any test of support is a buy signal. In this case, support 24.71 would be being tested, so a buy signal would exist.
- Short SCMB slightly under 25.11, target 24.71, stop loss @ 25.18 Details
The technical…
Jun 27 2025
