Learn to Evaluate (CTKB) using the Charts

November 19, 2024, 10:48 am ET, BY Mitchell H.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for CTKB

• Details
• Details

Swing Trading Plans for CTKB

• Buy CTKB slightly over 6.09, target 7.66, Stop Loss @ 6.07 Details

If 6.09 begins to break higher, the technical summary data tells us to buy CTKB just slightly over 6.09, with an upside target of 7.66. The data also tells us to set a stop loss @ 6.07 in case the stock turns against the trade. 6.09 is the first level of resistance above 6.05, and by rule, any break above resistance is a buy signal. In this case, 6.09, 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 CTKB slightly near 6.09, target 4.9, Stop Loss @ 6.11. Details

The technical summary data is suggesting a short of CTKB if it tests 6.09 with a downside target of 4.9. We should have a stop loss in place at 6.11 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, 6.09, 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 CTKB

• Buy CTKB slightly over 6.09, target 7.66, Stop Loss @ 6.08 Details

If 6.09 begins to break higher, the technical summary data tells us to buy CTKB just slightly over 6.09, with an upside target of 7.66. The data also tells us to set a stop loss @ 6.08 in case the stock turns against the trade. 6.09 is the first level of resistance above 6.05, and by rule, any break above resistance is a buy signal. In this case, 6.09, 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 CTKB slightly near 6.09, target 5.62, Stop Loss @ 6.1. Details

The technical summary data is suggesting a short of CTKB if it tests 6.09 with a downside target of 5.62. We should have a stop loss in place at 6.1 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, 6.09, 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  Cytek Biosciences Inc. (CTKB) available here: CTKB.

CTKB Ratings for November 19:

Term →	Near	Mid	Long
Rating	Weak	Strong	Weak
P1	0	0	3.98
P2	5.62	6.09	4.9
P3	5.87	7.66	6.05

AI Generated Signals for CTKB

Real Time Updates for Repeat Institutional Readers:

• Factset: Request User/Pass
• Bloomberg, Reuters, Refinitiv, Zacks, or IB users: Access Here.

Instructions:

• Click the Get Real Time Updates button below.

• In the login prompt, select forgot username

• Type the email you use for Factset

• Use the user/pass you receive to login

• You will have 24/7 access to real time updates.

From then on you can just click to get the real time update whenever you want.

GET REAL TIME UPDATES

Market Crash Leading Indicator

Our Market Crash Leading Indicator isEvitar Corte.

• Evitar Corte warned of market crash risk four times since 2000.

• It identified the Internet Debacle before it happened.

• It identified the Credit Crisis before it happened.

• It identified the Corona Crash too.

• See what Evitar Corte is Saying Now.

Get Notified When our Ratings Change:Take a Trial

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  Cytek Biosciences Inc. (NASDAQ: CTKB) report below can help you understand how to do this. The trading plans for CTKB, 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.