Cerner $CERN Trading Report
The Cerner (NASDAQ: CERN) update and the technical summary table below can help you manage risk and optimize returns. We have day, swing, and longer-term trading plans for CERN, and 1300 other stocks too, updated in real time for our trial subscribers. The data below is a snapshot, but updates are available now.
Review the Trading Plans:
Long Term Trading Plans for CERN
November 13, 2019, 11:45 pm ET
The Technical Summary and Trading Plans for CERN help you determine where to buy, sell, and set risk controls. The data is best used in conjunction with our Market Analysis and Stock Correlation Filters too, because those help us go with the flow of the market as well. Going with the flow is extremely important, so review our Market Analysis with this CERN Report.
CERN - (Long) Support Plan
The technical summary data tells us to buy CERN near 63.68 with an upside target of 70.24. This data also tells us to set a stop loss @ 63.42 to protect against excessive loss in case the stock begins to move against the trade. 63.68 is the first level of support below 66.86 , and by rule, any test of support is a buy signal. In this case, support 63.68 would be being tested, so a buy signal would exist.
CERN - (Short) Resistance Plan
The technical summary data is suggesting a short of CERN as it gets near 70.24 with a downside target of 63.68. We should have a stop loss in place at 70.5 though. 70.24 is the first level of resistance above 66.86, and by rule, any test of resistance is a short signal. In this case, if resistance 70.24 is being tested, so a short signal would exist.