When the Price of (CLFD) Talks, People Listen

January 17, 2024, 16:56 pm ET, BY Allen K.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for CLFD

• Buy CLFD slightly over 22.35 target 29.21 stop loss @ 22.29 Details

The technical summary data tells us to buy CLFD near 22.35 with an upside target of 29.21. This data also tells us to set a stop loss @ 22.29 to protect against excessive loss in case the stock begins to move against the trade. 22.35 is the first level of support below 25.38 , and by rule, any test of support is a buy signal. In this case, support 22.35 is being tested, a buy signal would exist.

• Short CLFD slightly under 29.21, target 22.35, stop loss @ 29.29 Details

The technical summary data is suggesting a short of CLFD as it gets near 29.21 with a downside target of 22.35. We should have a stop loss in place at 29.29though. 29.21 is the first level of resistance above 25.38, and by rule, any test of resistance is a short signal. In this case, if resistance 29.21 is being tested, a short signal would exist.

Swing Trading Plans for CLFD

• Buy CLFD slightly over 26.4, target 27.49, Stop Loss @ 26.32 Details

If 26.4 begins to break higher, the technical summary data tells us to buy CLFD just slightly over 26.4, with an upside target of 27.49. The data also tells us to set a stop loss @ 26.32 in case the stock turns against the trade. 26.4 is the first level of resistance above 25.38, and by rule, any break above resistance is a buy signal. In this case, 26.4, 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 CLFD slightly near 26.4, target 22.35, Stop Loss @ 26.48. Details

The technical summary data is suggesting a short of CLFD if it tests 26.4 with a downside target of 22.35. We should have a stop loss in place at 26.48 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, 26.4, 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 CLFD

• Buy CLFD slightly over 26.4, target 27.08, Stop Loss @ 26.34 Details

If 26.4 begins to break higher, the technical summary data tells us to buy CLFD just slightly over 26.4, with an upside target of 27.08. The data also tells us to set a stop loss @ 26.34 in case the stock turns against the trade. 26.4 is the first level of resistance above 25.38, and by rule, any break above resistance is a buy signal. In this case, 26.4, 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 CLFD slightly near 26.4, target 22.35, Stop Loss @ 26.46. Details

The technical summary data is suggesting a short of CLFD if it tests 26.4 with a downside target of 22.35. We should have a stop loss in place at 26.46 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, 26.4, 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 Clearfield Inc. (CLFD) available here: CLFD.

CLFD Ratings for January 17:

Term →	Near	Mid	Long
Rating	Weak	Weak	Weak
P1	0	0	15.76
P2	26.24	26.4	22.35
P3	27.08	27.49	29.21

AI Generated Signals for CLFD

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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 Clearfield Inc. (NASDAQ: CLFD) 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 CLFD 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.