When the Price of (CATH) Talks, People Listen

September 18, 2024, 06:18 am ET, BY Neal- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for CATH

• Buy CATH near 65.92 target 68.37 stop loss @ 65.73 Details

The technical summary data tells us to buy CATH near 65.92 with an upside target of 68.37. This data also tells us to set a stop loss @ 65.73 to protect against excessive loss in case the stock begins to move against the trade. 65.92 is the first level of support below 67.68 , and by rule, any test of support is a buy signal. In this case, support 65.92 would be being tested, so a buy signal would exist.

• Short CATH slightly under 68.37, target 65.92, stop loss @ 68.57 Details

The technical summary data is suggesting a short of CATH as it gets near 68.37 with a downside target of 65.92. We should have a stop loss in place at 68.57though. 68.37 is the first level of resistance above 67.68, and by rule, any test of resistance is a short signal. In this case, if resistance 68.37 is being tested, so a short signal would exist.

Swing Trading Plans for CATH

• Buy CATH slightly over 67.94, target 68.37, Stop Loss @ 67.74 Details

If 67.94 begins to break higher, the technical summary data tells us to buy CATH just slightly over 67.94, with an upside target of 68.37. The data also tells us to set a stop loss @ 67.74 in case the stock turns against the trade. 67.94 is the first level of resistance above 67.68, and by rule, any break above resistance is a buy signal. In this case, 67.94, 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 CATH slightly near 67.94, target 66.27, Stop Loss @ 68.14. Details

The technical summary data is suggesting a short of CATH if it tests 67.94 with a downside target of 66.27. We should have a stop loss in place at 68.14 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, 67.94, 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 CATH

• Buy CATH slightly over 67.94, target 68.37, Stop Loss @ 67.78 Details

If 67.94 begins to break higher, the technical summary data tells us to buy CATH just slightly over 67.94, with an upside target of 68.37. The data also tells us to set a stop loss @ 67.78 in case the stock turns against the trade. 67.94 is the first level of resistance above 67.68, and by rule, any break above resistance is a buy signal. In this case, 67.94, 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 CATH slightly near 67.94, target 66.27, Stop Loss @ 68.1. Details

The technical summary data is suggesting a short of CATH if it tests 67.94 with a downside target of 66.27. We should have a stop loss in place at 68.1 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, 67.94, 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 Global X Fds (CATH) available here: CATH.

CATH Ratings for September 18:

Term →	Near	Mid	Long
Rating	Strong	Neutral	Strong
P1	0	0	65.92
P2	67.85	66.27	68.37
P3	68.66	67.94	70.51

AI Generated Signals for CATH

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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 Global X Fds (NASDAQ: CATH) 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 CATH 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.