When (LMAT) Moves Investors should Listen
September 05, 2024, 04:34 am ET, BY Tom S.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for LMAT
- Buy LMAT slightly over 86.83 target 93.4 stop loss @ 86.58 Details
The technical summary data tells us to buy LMAT near 86.83 with an upside target of 93.4. This data also tells us to set a stop loss @ 86.58 to protect against excessive loss in case the stock begins to move against the trade. 86.83 is the first level of support below 88.5 , and by rule, any test of support is a buy signal. In this case, support 86.83 is being tested, a buy signal would exist.
- Short LMAT slightly under 93.4, target 86.83, stop loss @ 93.67 Details
The technical summary data is suggesting a short of LMAT as it gets near 93.4 with a downside target of 86.83. We should have a stop loss in place at 93.67though. 93.4 is the first level of resistance above 88.5, and by rule, any test of resistance is a short signal. In this case, if resistance 93.4 is being tested, a short signal would exist.
Swing Trading Plans for LMAT
- Buy LMAT slightly over 92, target 93.4, Stop Loss @ 91.73 Details
If 92 begins to break higher, the technical summary data tells us to buy LMAT just slightly over 92, with an upside target of 93.4. The data also tells us to set a stop loss @ 91.73 in case the stock turns against the trade. 92 is the first level of resistance above 88.5, and by rule, any break above resistance is a buy signal. In this case, 92, 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 92, target 88.23, Stop Loss @ 92.27. Details
The technical summary data is suggesting a short of LMAT if it tests 92 with a downside target of 88.23. We should have a stop loss in place at 92.27 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, 92, 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 92, target 93.4, Stop Loss @ 91.79 Details
If 92 begins to break higher, the technical summary data tells us to buy LMAT just slightly over 92, with an upside target of 93.4. The data also tells us to set a stop loss @ 91.79 in case the stock turns against the trade. 92 is the first level of resistance above 88.5, and by rule, any break above resistance is a buy signal. In this case, 92, 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 92, target 88.41, Stop Loss @ 92.21. Details
The technical summary data is suggesting a short of LMAT if it tests 92 with a downside target of 88.41. We should have a stop loss in place at 92.21 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, 92, 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 September 05:
| Term → | Near |
Mid |
Long |
|---|
| Rating |
Weak |
Strong |
Strong |
| P1 |
0 |
0 |
80.38 |
| P2 |
87.09 |
88.23 |
86.83 |
| P3 |
88.41 |
92 |
93.4 |
AI Generated Signals for LMAT
Blue = Current Price
Red= Resistance
Green = Support
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How do we know what is going on #behindthescenes of a company? According to Stock Traders Daily, a 20-year #financialindustry innovator, the best way to do this to to watch the price action in the stock. The Lemaitre Vascular Inc. (NASDAQ: LMAT) report below is a real world example. Included are trading plans for LMAT, but this report is static. If you want an update, or a different stock, please get one here Unlimited Real Time Reports.
Fundamental Charts for LMAT:
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