Longer Term Trading Plans for VO
- Buy VO near 250.47 target 268.86 stop loss @ 249.75
- Short VO slightly under 268.86, target 250.47, stop loss @ 269.64
May 25, 2025, 22:10 pm ET, BY Allen K.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
The technical summary data tells us to buy VO near 250.47 with an upside target of 268.86. This data also tells us to set a stop loss @ 249.75 to protect against excessive loss in case the stock begins to move against the trade. 250.47 is the first level of support below 266.52 , and by rule, any test of support is a buy signal. In this case, support 250.47 would be being tested, so a buy signal would exist.
The…