When the Price of (LMAT) Talks, People Listen
May 02, 2024, 16:24 pm ET, BY Harold S.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for LMAT
- Buy LMAT slightly over 59.85 target 67.72 stop loss @ 59.68 Details
The technical summary data tells us to buy LMAT near 59.85 with an upside target of 67.72. This data also tells us to set a stop loss @ 59.68 to protect against excessive loss in case the stock begins to move against the trade. 59.85 is the first level of support below 66.77 , and by rule, any test of support is a buy signal. In this case, support 59.85 is being tested, a buy signal would exist.
- Short LMAT slightly under 67.72, target 59.85, stop loss @ 67.92 Details
The technical summary data is suggesting a short of LMAT as it gets near 67.72 with a downside target of 59.85. We should have a stop loss in place at 67.92though. 67.72 is the first level of resistance above 66.77, and by rule, any test of resistance is a short signal. In this case, if resistance 67.72 is being tested, a short signal would exist.
Swing Trading Plans for LMAT
- Buy LMAT slightly over 67.06, target 67.72, Stop Loss @ 66.87 Details
If 67.06 begins to break higher, the technical summary data tells us to buy LMAT just slightly over 67.06, with an upside target of 67.72. The data also tells us to set a stop loss @ 66.87 in case the stock turns against the trade. 67.06 is the first level of resistance above 66.77, and by rule, any break above resistance is a buy signal. In this case, 67.06, 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 LMAT slightly near 67.06, target 64.82, Stop Loss @ 67.25. Details
The technical summary data is suggesting a short of LMAT if it tests 67.06 with a downside target of 64.82. We should have a stop loss in place at 67.25 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, 67.06, 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 LMAT
- Buy LMAT slightly over 67.06, target 67.72, Stop Loss @ 66.9 Details
If 67.06 begins to break higher, the technical summary data tells us to buy LMAT just slightly over 67.06, with an upside target of 67.72. The data also tells us to set a stop loss @ 66.9 in case the stock turns against the trade. 67.06 is the first level of resistance above 66.77, and by rule, any break above resistance is a buy signal. In this case, 67.06, 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 LMAT slightly near 67.06, target 66.21, Stop Loss @ 67.22. Details
The technical summary data is suggesting a short of LMAT if it tests 67.06 with a downside target of 66.21. We should have a stop loss in place at 67.22 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, 67.06, 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 Lemaitre Vascular Inc. (LMAT) available here: LMAT.
LMAT Ratings for May 02:
| Term → | Near |
Mid |
Long |
|---|
| Rating |
Strong |
Neutral |
Neutral |
| P1 |
0 |
0 |
51.88 |
| P2 |
66.21 |
64.82 |
59.85 |
| P3 |
68.11 |
67.06 |
67.72 |
AI Generated Signals for LMAT
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 Lemaitre Vascular Inc. (NASDAQ: LMAT) 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 LMAT 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 LMAT:
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