Learn to Evaluate (CR) using the Charts

January 15, 2024, 17:18 pm ET, BY Jeff W.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for CR

• Buy CR slightly over 106.29 target 114.57 stop loss @ 105.98 Details

The technical summary data tells us to buy CR near 106.29 with an upside target of 114.57. This data also tells us to set a stop loss @ 105.98 to protect against excessive loss in case the stock begins to move against the trade. 106.29 is the first level of support below 114.28 , and by rule, any test of support is a buy signal. In this case, support 106.29 is being tested, a buy signal would exist.

• Short CR slightly under 114.57, target 106.29, stop loss @ 114.9 Details

The technical summary data is suggesting a short of CR as it gets near 114.57 with a downside target of 106.29. We should have a stop loss in place at 114.9though. 114.57 is the first level of resistance above 114.28, and by rule, any test of resistance is a short signal. In this case, if resistance 114.57 is being tested, a short signal would exist.

Swing Trading Plans for CR

• Buy CR slightly over 114.57, target n/a, Stop Loss @ 114.24 Details

If 114.57 begins to break higher, the technical summary data tells us to buy CR just slightly over 114.57, with an upside target of n/a. The data also tells us to set a stop loss @ 114.24 in case the stock turns against the trade. 114.57 is the first level of resistance above 114.28, and by rule, any break above resistance is a buy signal. In this case, 114.57, 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 CR slightly near 114.57, target 113.88, Stop Loss @ 114.9. Details

The technical summary data is suggesting a short of CR if it tests 114.57 with a downside target of 113.88. We should have a stop loss in place at 114.9 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, 114.57, 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 CR

• Buy CR slightly over 114.57, target n/a, Stop Loss @ 114.3 Details

If 114.57 begins to break higher, the technical summary data tells us to buy CR just slightly over 114.57, with an upside target of n/a. The data also tells us to set a stop loss @ 114.3 in case the stock turns against the trade. 114.57 is the first level of resistance above 114.28, and by rule, any break above resistance is a buy signal. In this case, 114.57, 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 CR slightly near 114.57, target 113.88, Stop Loss @ 114.84. Details

The technical summary data is suggesting a short of CR if it tests 114.57 with a downside target of 113.88. We should have a stop loss in place at 114.84 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, 114.57, 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  Crane Company (CR) available here: CR.

CR Ratings for January 15:

Term →	Near	Mid	Long
Rating	Neutral	Neutral	Strong
P1	0	0	97.39
P2	112.89	111.49	106.29
P3	114.44	113.88	114.57

AI Generated Signals for CR

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When #institutionalinvestors make decisions to buy and sell #stocks they normally want to keep it quiet.  However, if we pay close attention we can see what is going on, and make good decisions.. The  Crane Company (NYSE: CR) report below can help you understand how to do this. The trading plans for CR, are updated in real time for subscribers, but this report is static. If you want an update, or a different report on a different stock, please get one here Unlimited Real Time Reports.