Longer Term Trading Plans for SPG
- Buy SPG near 149.8 target 164.64 stop loss @ 149.37
- Short SPG slightly under 164.64, target 149.8, stop loss @ 165.12
July 12, 2025, 23:38 pm ET, BY Jesse F.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
The technical summary data tells us to buy SPG near 149.8 with an upside target of 164.64. This data also tells us to set a stop loss @ 149.37 to protect against excessive loss in case the stock begins to move against the trade. 149.8 is the first level of support below 161.75 , and by rule, any test of support is a buy signal. In this case, support 149.8 would be being tested, so a buy signal would exist.
The…