May 04, 2025, 06:14 am ET, BY Scott B.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for SHEL
- Buy SHEL near 64.65 target 68.91 stop loss @ 64.46 Details
The technical summary data tells us to buy SHEL near 64.65 with an upside target of 68.91. This data also tells us to set a stop loss @ 64.46 to protect against excessive loss in case the stock begins to move against the trade. 64.65 is the first level of support below 66.64 , and by rule, any test of support is a buy signal. In this case, support 64.65 is being tested, a buy signal would exist.
- Short SHEL slightly under 68.91, target 64.65, stop loss @ 69.11 Details
The technical summary…