April 02, 2025, 19:36 pm ET, BY Thomas H. Kee Jr- Editor, Stock Traders Daily| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for SPLB

• Buy SPLB near 21.95 target 22.76 stop loss @ 21.89 Details

The technical summary data tells us to buy SPLB near 21.95 with an upside target of 22.76. This data also tells us to set a stop loss @ 21.89 to protect against excessive loss in case the stock begins to move against the trade. 21.95 is the first level of support below 22.67 , and by rule, any test of support is a buy signal. In this case, support 21.95 would be being tested, so a buy signal would exist.

• Short SPLB slightly under 22.76, target 21.95, stop loss @ 22.83 Source link