June 09, 2025, 15:22 pm ET, BY Tom S.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for SPAM

• Buy SPAM near 30.88 target 32.66 stop loss @ 30.79 Details

The technical summary data tells us to buy SPAM near 30.88 with an upside target of 32.66. This data also tells us to set a stop loss @ 30.79 to protect against excessive loss in case the stock begins to move against the trade. 30.88 is the first level of support below 32.33 , and by rule, any test of support is a buy signal. In this case, support 30.88 is being tested, a buy signal would exist.

• Short SPAM slightly under 32.66, target 30.88, stop loss @ 32.75 Details

The technical summary…