July 20, 2024, 7:50 pm ET, BY Bill – Contributor | Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Long Term Trading Plans for CVRX

• Buy CVRX slightly above 7.11, target 13.97 stop loss @ 7.09 Details

The technical summary data tells us to buy CVRX near 7.11 with an upside target of 13.97. This data also tells us to set a stop loss at 7.09 to protect against excessive loss in case the stock starts to move against the trade. 7.11 is the first support level below 9.36, and as a rule, any test of support is a buy signal. In this case, support 7.11 would be tested, so there would be a buy signal.

• Short CVRX slightly below 13.97, target 7.11, stop loss @ 14.01 Details

The technical summary data suggests a short of CVRX as it is approaching 13.97 with a downside target of 7.11. However, we should have a stop loss at 14.01. 13.97 is the first resistance level above 9.36 and as per the rule, any test of resistance is a short signal. In this case, if resistance 13.97 is tested, there would be a short signal.

Swing Trading Plans for CVRX

• Buy CVRX slightly above 9.99, target 13.97, Stop Loss @ 9.96 Details

If 9.99 starts to rise, the technical summary data tells us to buy CVRX at just above 9.99, with an upside target of 13.97. The data also tells us to set a stop loss at 9.96 in case the stock turns against the trade. 9.99 is the first resistance level above 9.36, and as a rule, any break above resistance is a buy signal. In this case, 9.99, the initial resistance, would rise, so there would be a buy signal. Because this plan is based on a break above resistance, it is called a Long Resistance Plan.

• Short CVRX something around 9.99, target 7.71, Stop Loss @ 10.02. Details

The technical summary data suggests a short of CVRX if it tests 9.99 with a downside target of 7.71. However, we should have a stop loss at 10.02 in case the stock starts to move against the trade. As a rule, any test of resistance is a short signal. In this case, a short signal would occur if resistance, 9.99, is tested. Since this plan is a short plan based on a test of resistance, it is called a Short Resistance Plan.

Day Trading Plans for CVRX

• Buy CVRX slightly above 9.46, target 10.13, stop loss @ 9.44 Details

If 9.46 starts to rise, the technical summary data tells us to buy CVRX just above 9.46, with an upside target of 10.13. The data also tells us to set a stop loss at 9.44 in case the stock turns against the trade. 9.46 is the first resistance level above 9.36, and as a rule, any break above resistance is a buy signal. In this case, 9.46, the initial resistance, would rise, so there would be a buy signal. Because this plan is based on a break above resistance, it is called a Long Resistance Plan.

• Short CVRX something around 9.46, target 7.71, Stop Loss @ 9.48. Details

The technical summary data suggests a short of CVRX if it tests 9.46 with a downside target of 7.71. However, we should have a stop loss at 9.48 in case the stock starts to move against the trade. As a rule, any test of resistance is a short signal. In this case, a short signal would occur if resistance, 9.46, is tested. Since this plan is a short plan based on a test of resistance, it is called a Short Resistance Plan.

Check the timestamp on this data. Updated AI-generated signals for Cvrx Inc. (CVRX) available here: CVRX number.

CVRX Reviews for July 20:

Term →	Near	Middle	Long
Judgement	Strong	Weak	Weak
P1	0	0	7.11
P2	9.46	7.71	13.97
P3	10.13	9.99	21.23

AI Generated Signals for CVRX

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This report is produced using AI developed by Stock Traders Daily. Over the past 20 years, this proprietary AI has been refined to identify the most appropriate trading strategies for both individual stocks and the stock markets themselves. This methodology is also applied to index options, ETFs and futures. The purpose of this particular report is to help you trade in Cvrx Inc. (NASDAQ: CVRX) and applies careful risk management.

Warning:

This is a static report, the data below was valid at the time of publication, but support and resistance levels for CVRX 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 CVRX is testing support buy signals, it is the surface and resistance is the target. Conversely, if resistance is tested, it is a sign to control risk or short, and support would accordingly be the downside target. In any 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 also acts as a level of risk control.

Swing trades, day trades and long-term trading plans:

This data is refined to distinguish Day Trading, Swing Trading and Long Term Investing trading plans for CVRX, all of which are provided below the summary table.