June 22, 2025, 22:30 pm ET, BY Randall S.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for UYG
- Buy UYG near 81.36 target 92.81 stop loss @ 81.13 Details
The technical summary data tells us to buy UYG near 81.36 with an upside target of 92.81. This data also tells us to set a stop loss @ 81.13 to protect against excessive loss in case the stock begins to move against the trade. 81.36 is the first level of support below 87.82 , and by rule, any test of support is a buy signal. In this case, support 81.36 would be being tested, so a buy signal would exist.
- Short UYG slightly under 92.81, target 81.36, stop loss @ 93.08 Details
The technical…