June 22, 2025, 19:26 pm ET, BY Momei- Contributor, Stock Traders Daily| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for SKF

• Buy SKF near 29.09 target 33.83 stop loss @ 29.01 Details

The technical summary data tells us to buy SKF near 29.09 with an upside target of 33.83. This data also tells us to set a stop loss @ 29.01 to protect against excessive loss in case the stock begins to move against the trade. 29.09 is the first level of support below 30.93 , and by rule, any test of support is a buy signal. In this case, support 29.09 is being tested, a buy signal would exist.

• Short SKF slightly under 33.83, target 29.09, stop loss @ 33.93 Details

The…