June 10, 2025, 18:58 pm ET, BY Allen K.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for YRD
- Buy YRD near 6.62 target 8.03 stop loss @ 6.6 Details
The technical summary data tells us to buy YRD near 6.62 with an upside target of 8.03. This data also tells us to set a stop loss @ 6.6 to protect against excessive loss in case the stock begins to move against the trade. 6.62 is the first level of support below 7.42 , and by rule, any test of support is a buy signal. In this case, support 6.62 is being tested, a buy signal would exist.
- Short YRD slightly under 8.03, target 6.62, stop loss @ 8.05 Details
The technical summary data is suggesting…