May 10, 2025, 01:02 am ET, BY Tyler- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for SM
- Buy SM near 22.95 target 28.74 stop loss @ 22.88 Details
The technical summary data tells us to buy SM near 22.95 with an upside target of 28.74. This data also tells us to set a stop loss @ 22.88 to protect against excessive loss in case the stock begins to move against the trade. 22.95 is the first level of support below 23.16 , and by rule, any test of support is a buy signal. In this case, support 22.95 would be being tested, so a buy signal would exist.
- Short SM slightly under 28.74, target 22.95, stop loss @ 28.82 Details
The technical summary…