Technical Analysis

Longer Term Trading Plans for CRS

• NONE. Details

There is no current Support Plan to trigger a buy of this stock at this time. This usually means that there are no clear support levels at this time, so buying the stock as it falls could be considered catching a falling knife. Buy signals only exist if resistance breaks higher.
This often is a signal that the stock you are watching is weak. Waiting for a turn higher may be more intelligent than trying to catch a falling knife. In any case, new support levels are usually revised to the database at the beginning of the next trading session.

• Short CRS slightly under 492.32, target n/a, stop loss @ 493.74 Details

The technical summary data is suggesting a short of CRS as it gets near 492.32, but the downside target is not available from the current data. This tells us to hold that position if it is triggered until a new downside target has been established (updates occur at the beginning of every trading session) or until the position has been stopped. The summary data tells us to have a stop loss in place at 493.74. 492.32 is the first level of resistance above 476.43, and by rule, any test of resistance is a short signal. In this case, if resistance 492.32 is being tested, so a short signal would exist.

Swing Trading Plans for CRS

• Buy CRS slightly over 483.23, target 492.32, Stop Loss @ 481.83 Details

If 483.23 begins to break higher, the technical summary data tells us to buy CRS just over 483.23, with an upside target of 492.32. The data also tells us to set a stop loss @ 481.83 in case the stock turns against the trade. 483.23 is the first level of resistance above 476.43, and by rule, any break above resistance is a buy signal. In this case, 483.23, 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 CRS slightly near 483.23, target 458.44, Stop Loss @ 484.63. Details

The technical summary data is suggesting a short of CRS if it tests 483.23 with a downside target of 458.44. We should have a stop loss in place at 484.63 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, 483.23, 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 CRS

• Buy CRS slightly over 477.97, target 483.23, Stop Loss @ 476.85 Details

If 477.97 begins to break higher, the technical summary data tells us to buy CRS just over 477.97, with an upside target of 483.23. The data also tells us to set a stop loss @ 476.85 in case the stock turns against the trade. 477.97 is the first level of resistance above 476.43, and by rule, any break above resistance is a buy signal. In this case, 477.97, 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 CRS slightly near 477.97, target 458.44, Stop Loss @ 479.09. Details

The technical summary data is suggesting a short of CRS if it tests 477.97 with a downside target of 458.44. We should have a stop loss in place at 479.09 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, 477.97, 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.

CRS Technical Summary | Raw Data for the Trading Plans