When (CVCO) Moves Investors should Listen

May 20, 2024, 04:56 am ET, BY James G.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for CVCO

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Swing Trading Plans for CVCO

• Buy CVCO slightly over 384.17, target 409.44, Stop Loss @ 383.06 Details

If 384.17 begins to break higher, the technical summary data tells us to buy CVCO just slightly over 384.17, with an upside target of 409.44. The data also tells us to set a stop loss @ 383.06 in case the stock turns against the trade. 384.17 is the first level of resistance above 374.21, and by rule, any break above resistance is a buy signal. In this case, 384.17, 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 CVCO slightly near 384.17, target 374.21, Stop Loss @ 385.28. Details

The technical summary data is suggesting a short of CVCO if it tests 384.17 with a downside target of 374.21. We should have a stop loss in place at 385.28 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, 384.17, 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 CVCO

• Buy CVCO slightly over 383.43, target 384.17, Stop Loss @ 382.54 Details

If 383.43 begins to break higher, the technical summary data tells us to buy CVCO just slightly over 383.43, with an upside target of 384.17. The data also tells us to set a stop loss @ 382.54 in case the stock turns against the trade. 383.43 is the first level of resistance above 374.21, and by rule, any break above resistance is a buy signal. In this case, 383.43, 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 CVCO slightly near 383.43, target 374.21, Stop Loss @ 384.32. Details

The technical summary data is suggesting a short of CVCO if it tests 383.43 with a downside target of 374.21. We should have a stop loss in place at 384.32 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, 383.43, 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  Cavco Industries Inc. (CVCO) available here: CVCO.

CVCO Ratings for May 20:

Term →	Near	Mid	Long
Rating	Neutral	Neutral	Strong
P1	0	0	339.3
P2	372.02	371.64	374.21
P3	383.43	384.17	409.44

AI Generated Signals for CVCO

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How do we know what is going on #behindthescenes of a company?  According to Stock Traders Daily, a 20-year #financialindustry innovator, the best way to do this to to watch the price action in the stock. The  Cavco Industries Inc. (NASDAQ: CVCO) report below is a real world example. Included are trading plans for CVCO, but this report is static. If you want an update, or a different stock, please get one here Unlimited Real Time Reports.