May 04, 2025, 11:36 am ET, BY Barry C.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for STEP
- Buy STEP near 50.21 target 60.56 stop loss @ 50.06 Details
The technical summary data tells us to buy STEP near 50.21 with an upside target of 60.56. This data also tells us to set a stop loss @ 50.06 to protect against excessive loss in case the stock begins to move against the trade. 50.21 is the first level of support below 54.6 , and by rule, any test of support is a buy signal. In this case, support 50.21 would be being tested, so a buy signal would exist.
- Short STEP slightly under 60.56, target 50.21, stop loss @ 60.73 Details
The technical…