(CRC) Trading Signals

December 13, 2024, 13:42 pm ET, BY Thomas H. Kee Jr- Editor, Stock Traders Daily| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for CRC

• Buy CRC near 52.82 target 57.67 stop loss @ 52.67 Details

The technical summary data tells us to buy CRC near 52.82 with an upside target of 57.67. This data also tells us to set a stop loss @ 52.67 to protect against excessive loss in case the stock begins to move against the trade. 52.82 is the first level of support below 54.99 , and by rule, any test of support is a buy signal. In this case, support 52.82 is being tested, a buy signal would exist.

• Short CRC slightly under 57.67, target 52.82, stop loss @ 57.84 Details

The technical summary data is suggesting a short of CRC as it gets near 57.67 with a downside target of 52.82. We should have a stop loss in place at 57.84though. 57.67 is the first level of resistance above 54.99, and by rule, any test of resistance is a short signal. In this case, if resistance 57.67 is being tested, a short signal would exist.

Swing Trading Plans for CRC

• Buy CRC slightly over 56.01, target 57.67, Stop Loss @ 55.85 Details

If 56.01 begins to break higher, the technical summary data tells us to buy CRC just slightly over 56.01, with an upside target of 57.67. The data also tells us to set a stop loss @ 55.85 in case the stock turns against the trade. 56.01 is the first level of resistance above 54.99, and by rule, any break above resistance is a buy signal. In this case, 56.01, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

• Short CRC slightly near 56.01, target 53.42, Stop Loss @ 56.17. Details

The technical summary data is suggesting a short of CRC if it tests 56.01 with a downside target of 53.42. We should have a stop loss in place at 56.17 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 56.01, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Day Trading Plans for CRC

• Buy CRC slightly over 55, target 56.01, Stop Loss @ 54.87 Details

If 55 begins to break higher, the technical summary data tells us to buy CRC just slightly over 55, with an upside target of 56.01. The data also tells us to set a stop loss @ 54.87 in case the stock turns against the trade. 55 is the first level of resistance above 54.99, and by rule, any break above resistance is a buy signal. In this case, 55, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

• Short CRC slightly near 55, target 53.42, Stop Loss @ 55.13. Details

The technical summary data is suggesting a short of CRC if it tests 55 with a downside target of 53.42. We should have a stop loss in place at 55.13 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 55, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Check the time stamp on this data. Updated AI-Generated Signals for California Resources Corporation (CRC) available here: CRC.

CRC Ratings for December 13:

Term →	Near	Mid	Long
Rating	Strong	Weak	Neutral
P1	0	0	47.79
P2	55	53.42	52.82
P3	57.25	56.01	57.67

AI Generated Signals for CRC

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Trading California Resources Corporation (NYSE: CRC) can be efficient and rewarding, especially in volatile markets, so long as the important pivot points for the stock are observed before making decisions to buy, sell, or short.

Warning:

This is a static report, the data below was valid at the time of the publication, but support and resistance levels for CRC change over time, so the report should be updated regularly.  Real Time updates are provided to subscribers.  Unlimited Real Time Reports.

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Instructions:

The rules that govern the data in this report are the rules of Technical Analysis.  For example, if CRC is testing support buy signals surface, and resistance is the target.  Conversely, if resistance is being tested, that is a sign to control risk or short, and support would be the downside target accordingly.  In each case, the trigger point is designed to be both an ideal place to enter a position (avoid trading in the middle of a trading channel), and it acts as a level of risk control too.

Swing Trades, Day Trades, and Longer term Trading Plans:

This data is refined to differentiate trading plans for Day Trading, Swing Trading, and Long Term Investing plans for CRC too.  All of these are offered below the Summary Table.