How to trade (CORT)

Longer term trading plans for CORT

  • Buy CORT just over 30.3 target N/A stop loss @ 30.21. Details
  • The technical summary data suggests we should buy CORT near 30.3, but the summary table shows no upside target at this time. In this case we must wait until an update of the summary table is made (which usually happens at the beginning of each trading day), or until the position is stopped. The data does tell us to set a stop loss 30.21 to protect against excessive loss in case the stock starts moving against the trade. 30.3 is the first support level below 31.53, and as a rule any test of support is a buy signal. In this case, if support 30.3 is tested, a buy signal would exist.

  • NO . Details
  • NO .
    There are no current resistance levels from the summary table, and therefore there are no Short Resistance Plans telling us to short resistance tests. Resistance levels have broken higher and unless stock prices move lower and back below support levels, short positions look risky.

Swing trading plans for CORT

  • Buy CORT just over N/A, Target N/A, Stop Loss @ 0 Details
  • If n/a starts to move higher, the technical summary data tells us to buy CORT just slightly above n/a, with an upside target of n/a. The data also tells us to set a stop loss @ 0 in case the stock moves against reverse the transaction. N/A is the first resistance level above 31.53, and generally any break above resistance is a buy signal. In this case, the initial resistance, N/A, would break higher, so a buy signal would exist. Because this plan is based on breaking through resistance, it is called a Long Resistance Plan.

  • Short CORT something near N/A, target 31.49, Stop Loss @ 0. Details
  • The technical summary data suggests a shortage on CORT as it tests N/A with a downside target of 31.49. However, we should have a stop loss at 0 in case the stock starts moving against the trade. As a rule, each resistance test is a short signal. In this case, if the resistance, N/A, is tested, a short signal would occur. Because this plan is a short plan, based on a resistance test, it is called a Short Resistance Plan.

Day trading plans for CORT

  • Buy CORT just above 32.79, target N/A, Stop Loss @ 32.71 Details
  • If 32.79 starts to move higher, the technical summary data tells us to buy CORT just above 32.79, with an upside target of N/A. The data also tells us to put a stop loss @ 32.71 set in case the shares turn against the trade. 32.79 is the first resistance level above 31.53, and as a rule, any break above resistance is a buy signal. In this case, 32.79, initial resistance, would break higher, creating a buy signal. Because this plan is based on breaking through resistance, it is called a Long Resistance Plan.

  • Short CORT something near 32.79, target 31.49, Stop Loss @ 32.87. Details
  • The technical summary data suggests a shortage on CORT as it tests 32.79 with a downside target of 31.49. However, we should have a stop loss at 32.87 in case the stock starts moving against the trade. As a rule, each resistance test is a short signal. In this case, testing the resistance, 32.79, would result in a short signal. Because this plan is a short plan, based on a resistance test, it is called a Short Resistance Plan.

Check the time stamp on this data. Updated AI-generated signals for Corcept Therapeutics Incorporated (CORT) available here: CORT.

CORT ratings for May 30:







Term → Near Middle
Long
Judgement Strong Strong Neutral
P1 0 0 20.7
P2 30.26 29.04 25:35
P3 32.79 31.49 30.3
AI-generated signals for CORT

CORT long-term analysis for May 30, 2024

Blue = Current price
Red= Resistance
Green = Support

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This report provides trading strategies for Corcept Therapeutics Incorporated (NASDAQ: CORT) while incorporating risk controls.

Warning:

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

Subscribers also receive market analysis, stock correlation tools, macroeconomic observations, timing tools, and market crash protection using Evitar Corte.

Instructions:

The rules that apply to the data in this report are the rules of technical analysis. For example, if CORT is testing support, buy signals emerge and resistance is the target. Conversely, if resistance is tested, it is a sign that risk is under control or a short position exists, and support would be the downside target accordingly. In any case, the trigger point is designed to be both an ideal place to enter a position (to avoid trading in the middle of a trading channel), but also acts as a level of risk control.

Swing trades, day trades and longer term trading plans:

This data has been refined to distinguish Day Trading, Swing Trading and Long Term Investing plans for CORT as well. These are all offered below the overview table.

Basic charts for CORT: