Objective long/short (ICUI) Report

November 23, 2024, 17:30 pm ET, BY Barry C.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for ICUI

• Buy ICUI near 152.74 target 172.34 stop loss @ 152.3 Details

The technical summary data tells us to buy ICUI near 152.74 with an upside target of 172.34. This data also tells us to set a stop loss @ 152.3 to protect against excessive loss in case the stock begins to move against the trade. 152.74 is the first level of support below 168.46 , and by rule, any test of support is a buy signal. In this case, support 152.74 would be being tested, so a buy signal would exist.

• Short ICUI slightly under 172.34, target 152.74, stop loss @ 172.84 Details

The technical summary data is suggesting a short of ICUI as it gets near 172.34 with a downside target of 152.74. We should have a stop loss in place at 172.84though. 172.34 is the first level of resistance above 168.46, and by rule, any test of resistance is a short signal. In this case, if resistance 172.34 is being tested, so a short signal would exist.

Swing Trading Plans for ICUI

• Buy ICUI slightly over 170.78, target 172.34, Stop Loss @ 170.29 Details

If 170.78 begins to break higher, the technical summary data tells us to buy ICUI just slightly over 170.78, with an upside target of 172.34. The data also tells us to set a stop loss @ 170.29 in case the stock turns against the trade. 170.78 is the first level of resistance above 168.46, and by rule, any break above resistance is a buy signal. In this case, 170.78, 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 ICUI slightly near 170.78, target 163.31, Stop Loss @ 171.27. Details

The technical summary data is suggesting a short of ICUI if it tests 170.78 with a downside target of 163.31. We should have a stop loss in place at 171.27 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, 170.78, 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 ICUI

• Buy ICUI slightly over 170.34, target 170.78, Stop Loss @ 169.94 Details

If 170.34 begins to break higher, the technical summary data tells us to buy ICUI just slightly over 170.34, with an upside target of 170.78. The data also tells us to set a stop loss @ 169.94 in case the stock turns against the trade. 170.34 is the first level of resistance above 168.46, and by rule, any break above resistance is a buy signal. In this case, 170.34, 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 ICUI slightly near 170.34, target 165.72, Stop Loss @ 170.74. Details

The technical summary data is suggesting a short of ICUI if it tests 170.34 with a downside target of 165.72. We should have a stop loss in place at 170.74 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, 170.34, 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 Icu Medical Inc. (ICUI) available here: ICUI.

ICUI Ratings for November 23:

Term →	Near	Mid	Long
Rating	Neutral	Neutral	Strong
P1	0	0	152.74
P2	165.72	163.31	172.34
P3	170.34	170.78	192.55

AI Generated Signals for ICUI

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This report was produced using AI developed by Stock Traders Daily.  Over the past 20 years this proprietary AI has been refined to help identify the most opportune trading strategies for both individual stocks and the stock markets themselves.  This methodology is also applied to Index options, ETFs, and futures.  The objective of this specific report is to optimize trading in Icu Medical Inc. (NASDAQ: ICUI) while incorporating prudent risk controls.

Warning:

This is a static report, the data below was valid at the time of the publication, but support and resistance levels for ICUI change over time, so the report should be updated regularly.  Real Time updates are provided to subscribers.  Unlimited Real Time Reports.

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Instructions:

The rules that govern the data in this report are the rules of Technical Analysis.  For example, if ICUI is testing support buy signals surface, and resistance is the target.  Conversely, if resistance is being tested, that is a sign to control risk or short, and support would be the downside target accordingly.  In each case, the trigger point is designed to be both an ideal place to enter a position (avoid trading in the middle of a trading channel), and it acts as a level of risk control too.

Swing Trades, Day Trades, and Longer term Trading Plans:

This data is refined to differentiate trading plans for Day Trading, Swing Trading, and Long Term Investing plans for ICUI too.  All of these are offered below the Summary Table.