When the Price of Teleflex $TFX Talks, People Listen

July 07, 2023, 08:15 am ET, BY Neal- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for TFX

• Buy TFX slightly over 225.10 target 247.86 stop loss @ 224.45 Details

The technical summary data tells us to buy TFX near 225.10 with an upside target of 247.86. This data also tells us to set a stop loss @ 224.45 to protect against excessive loss in case the stock begins to move against the trade. 225.10 is the first level of support below 234.38 , and by rule, any test of support is a buy signal. In this case, support 225.10 would be being tested, so a buy signal would exist.

• Short TFX slightly under 247.86, target 225.10, stop loss @ 248.58 Details

The technical summary data is suggesting a short of TFX as it gets near 247.86 with a downside target of 225.10. We should have a stop loss in place at 248.58though. 247.86 is the first level of resistance above 234.38, and by rule, any test of resistance is a short signal. In this case, if resistance 247.86 is being tested, so a short signal would exist.

Swing Trading Plans for TFX

• Buy TFX slightly over 237.79, target 247.86, Stop Loss @ 237.1 Details

If 237.79 begins to break higher, the technical summary data tells us to buy TFX just slightly over 237.79, with an upside target of 247.86. The data also tells us to set a stop loss @ 237.1 in case the stock turns against the trade. 237.79 is the first level of resistance above 234.38, and by rule, any break above resistance is a buy signal. In this case, 237.79, 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 TFX slightly near 237.79, target 228.85, Stop Loss @ 238.48. Details

The technical summary data is suggesting a short of TFX if it tests 237.79 with a downside target of 228.85. We should have a stop loss in place at 238.48 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, 237.79, 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 TFX

• Buy TFX slightly over 234.84, target 237.79, Stop Loss @ 234.29 Details

If 234.84 begins to break higher, the technical summary data tells us to buy TFX just slightly over 234.84, with an upside target of 237.79. The data also tells us to set a stop loss @ 234.29 in case the stock turns against the trade. 234.84 is the first level of resistance above 234.38, and by rule, any break above resistance is a buy signal. In this case, 234.84, 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 TFX slightly near 234.84, target 228.85, Stop Loss @ 235.39. Details

The technical summary data is suggesting a short of TFX if it tests 234.84 with a downside target of 228.85. We should have a stop loss in place at 235.39 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, 234.84, 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 Teleflex (TFX) available here: TFX.

TFX Ratings for July 07:

Term →	Near	Mid	Long
Rating	Neutral	Neutral	Neutral
P1	0	0	225.10
P2	234.84	228.85	247.86
P3	240.55	237.79	271.11

AI Generated Signals for TFX

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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 Teleflex (NYSE: TFX) 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 TFX 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.