Longer Term Trading Plans for STR
- Buy STR near 15.78 target 17.85 stop loss @ 15.73
- Short STR slightly under 17.85, target 15.78, stop loss @ 17.9
May 25, 2025, 09:08 am ET, BY Rick O.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
The technical summary data tells us to buy STR near 15.78 with an upside target of 17.85. This data also tells us to set a stop loss @ 15.73 to protect against excessive loss in case the stock begins to move against the trade. 15.78 is the first level of support below 17.18 , and by rule, any test of support is a buy signal. In this case, support 15.78 would be being tested, so a buy signal would exist.
The technical…