Longer Term Trading Plans for SPDV
- Buy SPDV near 30.76 target 32.93 stop loss @ 30.67
- Short SPDV slightly under 32.93, target 30.76, stop loss @ 33.03
May 04, 2025, 09:18 am ET, BY Allen K.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
The technical summary data tells us to buy SPDV near 30.76 with an upside target of 32.93. This data also tells us to set a stop loss @ 30.67 to protect against excessive loss in case the stock begins to move against the trade. 30.76 is the first level of support below 30.93 , and by rule, any test of support is a buy signal. In this case, support 30.76 would be being tested, so a buy signal would exist.
The technical…







