When the Price of (NARI) Talks, People Listen
October 01, 2024, 20:20 pm ET, BY Joseph H.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for NARI
- Buy NARI near 35.12 target 42.66 stop loss @ 35.02 Details
The technical summary data tells us to buy NARI near 35.12 with an upside target of 42.66. This data also tells us to set a stop loss @ 35.02 to protect against excessive loss in case the stock begins to move against the trade. 35.12 is the first level of support below 40.63 , and by rule, any test of support is a buy signal. In this case, support 35.12 would be being tested, so a buy signal would exist.
- Short NARI slightly under 42.66, target 35.12, stop loss @ 42.78 Details
The technical summary data is suggesting a short of NARI as it gets near 42.66 with a downside target of 35.12. We should have a stop loss in place at 42.78though. 42.66 is the first level of resistance above 40.63, and by rule, any test of resistance is a short signal. In this case, if resistance 42.66 is being tested, so a short signal would exist.
Swing Trading Plans for NARI
- Buy NARI slightly over 40.97, target 42.66, Stop Loss @ 40.85 Details
If 40.97 begins to break higher, the technical summary data tells us to buy NARI just slightly over 40.97, with an upside target of 42.66. The data also tells us to set a stop loss @ 40.85 in case the stock turns against the trade. 40.97 is the first level of resistance above 40.63, and by rule, any break above resistance is a buy signal. In this case, 40.97, 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 NARI slightly near 40.97, target 39.63, Stop Loss @ 41.09. Details
The technical summary data is suggesting a short of NARI if it tests 40.97 with a downside target of 39.63. We should have a stop loss in place at 41.09 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, 40.97, 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 NARI
- Buy NARI slightly over 41.1, target 42.66, Stop Loss @ 41 Details
If 41.1 begins to break higher, the technical summary data tells us to buy NARI just slightly over 41.1, with an upside target of 42.66. The data also tells us to set a stop loss @ 41 in case the stock turns against the trade. 41.1 is the first level of resistance above 40.63, and by rule, any break above resistance is a buy signal. In this case, 41.1, 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 NARI slightly near 41.1, target 40.04, Stop Loss @ 41.2. Details
The technical summary data is suggesting a short of NARI if it tests 41.1 with a downside target of 40.04. We should have a stop loss in place at 41.2 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, 41.1, 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 Inari Medical Inc. (NARI) available here: NARI.
NARI Ratings for October 01:
Term → | Near |
Mid |
Long |
Rating |
Weak |
Weak |
Weak |
P1 |
0 |
0 |
35.12 |
P2 |
40.04 |
39.63 |
42.66 |
P3 |
41.1 |
40.97 |
50.13 |
AI Generated Signals for NARI
Blue = Current Price
Red= Resistance
Green = Support
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This is not EF Hutton, but it could be more #powerful. A picture speaks a thousand words, they say, and the #priceaction of Inari Medical Inc. (NASDAQ: NARI) tells an important story. The movement tells us where investors perceive value, or the lack of it, and if we pay attention we can capture opportunity. The data below for NARI can be used as an example, and demonstrate how to do this for other stocks too. This data was current at the time of publication, but it is not updated in real time here. If you want real time updates, or data on a different stock, please get one here Unlimited Real Time Reports.
Fundamental Charts for NARI: