How to Take Advantage of moves in (LMAT)

July 02, 2024, 23:04 pm ET, BY James G.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for LMAT

• Buy LMAT slightly over 73.54 target 82 stop loss @ 73.33 Details

The technical summary data tells us to buy LMAT near 73.54 with an upside target of 82. This data also tells us to set a stop loss @ 73.33 to protect against excessive loss in case the stock begins to move against the trade. 73.54 is the first level of support below 81.19 , and by rule, any test of support is a buy signal. In this case, support 73.54 is being tested, a buy signal would exist.

• Short LMAT slightly under 82, target 73.54, stop loss @ 82.24 Details

The technical summary data is suggesting a short of LMAT as it gets near 82 with a downside target of 73.54. We should have a stop loss in place at 82.24though. 82 is the first level of resistance above 81.19, and by rule, any test of resistance is a short signal. In this case, if resistance 82 is being tested, a short signal would exist.

Swing Trading Plans for LMAT

• Buy LMAT slightly over 82, target 83.21, Stop Loss @ 81.76 Details

If 82 begins to break higher, the technical summary data tells us to buy LMAT just slightly over 82, with an upside target of 83.21. The data also tells us to set a stop loss @ 81.76 in case the stock turns against the trade. 82 is the first level of resistance above 81.19, and by rule, any break above resistance is a buy signal. In this case, 82, 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 LMAT slightly near 82, target 80.71, Stop Loss @ 82.24. Details

The technical summary data is suggesting a short of LMAT if it tests 82 with a downside target of 80.71. We should have a stop loss in place at 82.24 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, 82, 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 LMAT

• Buy LMAT slightly over 82, target 83.21, Stop Loss @ 81.81 Details

If 82 begins to break higher, the technical summary data tells us to buy LMAT just slightly over 82, with an upside target of 83.21. The data also tells us to set a stop loss @ 81.81 in case the stock turns against the trade. 82 is the first level of resistance above 81.19, and by rule, any break above resistance is a buy signal. In this case, 82, 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 LMAT slightly near 82, target 80.71, Stop Loss @ 82.19. Details

The technical summary data is suggesting a short of LMAT if it tests 82 with a downside target of 80.71. We should have a stop loss in place at 82.19 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, 82, 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 Lemaitre Vascular Inc. (LMAT) available here: LMAT.

LMAT Ratings for July 02:

Term →	Near	Mid	Long
Rating	Neutral	Strong	Strong
P1	0	0	65.02
P2	80.48	80.71	73.54
P3	81.83	83.21	82

AI Generated Signals for LMAT

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This Lemaitre Vascular Inc. (NASDAQ: LMAT) trading report incorporates analysis also used by some of the biggest funds in the world.  Review the technical takeaways closely.

Warning:

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

Subscribers also receive market analysis, stock correlation tools, macroeconomic observations, timing tools, and protection from market crashes using Evitar Corte.  

Instructions:

The rules that govern the data in this report are the rules of Technical Analysis.  For example, if LMAT 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 LMAT too.  All of these are offered below the Summary Table.