March 27, 2025, 11:00 am ET, BY Quentin W.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for YRD
- Buy YRD near 6.23 target 7.72 stop loss @ 6.21 Details
The technical summary data tells us to buy YRD near 6.23 with an upside target of 7.72. This data also tells us to set a stop loss @ 6.21 to protect against excessive loss in case the stock begins to move against the trade. 6.23 is the first level of support below 7.385 , and by rule, any test of support is a buy signal. In this case, support 6.23 is being tested, a buy signal would exist.
- Short YRD slightly under 7.72, target 6.23, stop loss @ 7.74 Details
The technical summary data is…