When the Price of (CRL) Talks, People Listen

April 18, 2024, 13:52 pm ET, BY Barry C.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for CRL

• Buy CRL slightly over 213.99 target 240.14 stop loss @ 213.37 Details

The technical summary data tells us to buy CRL near 213.99 with an upside target of 240.14. This data also tells us to set a stop loss @ 213.37 to protect against excessive loss in case the stock begins to move against the trade. 213.99 is the first level of support below 228.64 , and by rule, any test of support is a buy signal. In this case, support 213.99 would be being tested, so a buy signal would exist.

• Short CRL slightly under 240.14, target 213.99, stop loss @ 240.83 Details

The technical summary data is suggesting a short of CRL as it gets near 240.14 with a downside target of 213.99. We should have a stop loss in place at 240.83though. 240.14 is the first level of resistance above 228.64, and by rule, any test of resistance is a short signal. In this case, if resistance 240.14 is being tested, so a short signal would exist.

Swing Trading Plans for CRL

• Buy CRL slightly over 236.21, target 240.14, Stop Loss @ 235.53 Details

If 236.21 begins to break higher, the technical summary data tells us to buy CRL just slightly over 236.21, with an upside target of 240.14. The data also tells us to set a stop loss @ 235.53 in case the stock turns against the trade. 236.21 is the first level of resistance above 228.64, and by rule, any break above resistance is a buy signal. In this case, 236.21, 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 CRL slightly near 236.21, target 228.46, Stop Loss @ 236.89. Details

The technical summary data is suggesting a short of CRL if it tests 236.21 with a downside target of 228.46. We should have a stop loss in place at 236.89 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, 236.21, 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 CRL

• Buy CRL slightly over 229.6, target 236.21, Stop Loss @ 229.06 Details

If 229.6 begins to break higher, the technical summary data tells us to buy CRL just slightly over 229.6, with an upside target of 236.21. The data also tells us to set a stop loss @ 229.06 in case the stock turns against the trade. 229.6 is the first level of resistance above 228.64, and by rule, any break above resistance is a buy signal. In this case, 229.6, 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 CRL slightly near 229.6, target 228.46, Stop Loss @ 230.14. Details

The technical summary data is suggesting a short of CRL if it tests 229.6 with a downside target of 228.46. We should have a stop loss in place at 230.14 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, 229.6, 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 Charles River Laboratories International Inc. (CRL) available here: CRL.

CRL Ratings for April 18:

Term →	Near	Mid	Long
Rating	Weak	Weak	Strong
P1	0	0	213.99
P2	226.29	228.46	240.14
P3	229.6	236.21	266.08

AI Generated Signals for CRL

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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 Charles River Laboratories International Inc. (NYSE: CRL) 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 CRL 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.