May 04, 2025, 23:06 pm ET, BY Quentin W.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for VEGA
- Buy VEGA near 42.04 target 43.8 stop loss @ 41.92 Details
The technical summary data tells us to buy VEGA near 42.04 with an upside target of 43.8. This data also tells us to set a stop loss @ 41.92 to protect against excessive loss in case the stock begins to move against the trade. 42.04 is the first level of support below 43.395 , and by rule, any test of support is a buy signal. In this case, support 42.04 would be being tested, so a buy signal would exist.
- Short VEGA slightly under 43.8, target 42.04, stop loss @ 43.93 Details
The technical…