(CRI) Long Term Investment Analysis

November 22, 2024, 04:26 am ET, BY Simon M.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for CRI

• Buy CRI near 51.56 target 59.15 stop loss @ 51.41 Details

The technical summary data tells us to buy CRI near 51.56 with an upside target of 59.15. This data also tells us to set a stop loss @ 51.41 to protect against excessive loss in case the stock begins to move against the trade. 51.56 is the first level of support below 52.43 , and by rule, any test of support is a buy signal. In this case, support 51.56 would be being tested, so a buy signal would exist.

• Short CRI slightly under 59.15, target 51.56, stop loss @ 59.32 Details

The technical summary data is suggesting a short of CRI as it gets near 59.15 with a downside target of 51.56. We should have a stop loss in place at 59.32though. 59.15 is the first level of resistance above 52.43, and by rule, any test of resistance is a short signal. In this case, if resistance 59.15 is being tested, so a short signal would exist.

Swing Trading Plans for CRI

• Buy CRI slightly over 53.13, target 59.15, Stop Loss @ 52.98 Details

If 53.13 begins to break higher, the technical summary data tells us to buy CRI just slightly over 53.13, with an upside target of 59.15. The data also tells us to set a stop loss @ 52.98 in case the stock turns against the trade. 53.13 is the first level of resistance above 52.43, and by rule, any break above resistance is a buy signal. In this case, 53.13, 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 CRI slightly near 53.13, target 51.56, Stop Loss @ 53.28. Details

The technical summary data is suggesting a short of CRI if it tests 53.13 with a downside target of 51.56. We should have a stop loss in place at 53.28 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, 53.13, 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 CRI

• Buy CRI slightly over 53.13, target 59.15, Stop Loss @ 53.01 Details

If 53.13 begins to break higher, the technical summary data tells us to buy CRI just slightly over 53.13, with an upside target of 59.15. The data also tells us to set a stop loss @ 53.01 in case the stock turns against the trade. 53.13 is the first level of resistance above 52.43, and by rule, any break above resistance is a buy signal. In this case, 53.13, 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 CRI slightly near 53.13, target 51.96, Stop Loss @ 53.25. Details

The technical summary data is suggesting a short of CRI if it tests 53.13 with a downside target of 51.96. We should have a stop loss in place at 53.25 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, 53.13, 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 Carter's Inc. (CRI) available here: CRI.

CRI Ratings for November 22:

Term →	Near	Mid	Long
Rating	Weak	Weak	Weak
P1	0	0	51.56
P2	50.76	51.03	59.15
P3	51.96	53.13	67.2

AI Generated Signals for CRI

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Technically, Carter's Inc. (NYSE: CRI) provides opportunities for traders who are watching the price of the stock oscillate over time.

Warning:

This is a static report, the data below was valid at the time of the publication, but support and resistance levels for CRI 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 CRI 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 CRI too.  All of these are offered below the Summary Table.