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June 26, 2024, 9:54 PM ET, BY Chris – Contributor | Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer-term trading plans for ACRV

• Buy ACRV just above 5.38, target 8.89, stop loss at 5.36 details

The technical summary data tells us to buy ACRV at 5.38 with an upside target of 8.89. This data also tells us to set a stop loss at 5.36 to protect ourselves from excessive losses in case the stock starts moving against the trade. 5.38 is the first level of support below 5.8, and any test of support is usually a buy signal. In this case, the support at 5.38 is tested, a buy signal would be present.

• Short ACRV just below 8.89, target 5.38, stop loss at 8.92 details

The technical summary data suggests a short of ACRV as it approaches 8.89, with a downside target of 5.38. However, we should place a stop loss at 8.92. 8.89 is the first resistance level above 5.8, and any test of resistance is usually a short signal. In this case, a short signal would be present if the 8.89 resistance is tested.

Swing Trading Plans for ACRV

• Buy ACRV just above 6.23, target 8.89, stop loss at 6.21. details

If 6.23 starts to rise, the technical summary data tells us to buy ACRV just above 6.23, with an upside target of 8.89. The data also tells us to set a stop loss at 6.21 in case the stock turns against the trade. 6.23 is the first resistance level above 5.8, and any break above resistance is usually a buy signal. In this case, 6.23, the initial resistance, would rise to the upside, so a buy signal would be present. Since this plan is based on a break of resistance, it is called a Long Resistance Plan.

• Short ACRV just near 6.23, target 5.71, stop loss at 6.25. details

The technical summary data suggests a short of ACRV if it tests 6.23 with a downside target of 5.71. However, we should place a stop loss at 6.25 in case the stock starts moving against the trade. Any test of resistance is basically a short signal. In this case, a short signal would be present if the resistance 6.23 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 ACRV

• Buy ACRV just above 5.95, target 6.23, stop loss at 5.94. details

If 5.95 starts to rise, the technical summary data tells us to buy ACRV just above 5.95, with an upside target of 6.23. The data also tells us to set a stop loss at 5.94 in case the stock turns against the trade. 5.95 is the first resistance level above 5.8, and any break above resistance is usually a buy signal. In this case, 5.95, the initial resistance, would rise to the upside, so a buy signal would be present. Since this plan is based on a break of resistance, it is called a Long Resistance Plan.

• Short ACRV just near 5.95, target 5.71, stop loss at 5.96. details

The technical summary data suggests a short of ACRV if it tests 5.95 with a downside target of 5.71. However, we should place a stop loss at 5.96 in case the stock starts moving against the trade. Any test of resistance is basically a short signal. In this case, a short signal would be present if the resistance 5.95 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 of this data. Updated AI-generated signals for Acrivon Therapeutics Inc. (ACRV) available here: ACRIV.

ACRV Ratings for June 26:

AI-generated signals for ACRV

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This report was created using an AI developed by Stock Traders Daily. Over the last 20 years, this proprietary AI has been refined to identify the most favorable trading strategies for both individual stocks and the stock markets themselves. This method is also applied to index options, ETFs and futures. The goal of this specific report is to optimize trading in Acrivon Therapeutics Inc. (NASDAQ: ACRV) with prudent risk controls.

Warning:

This is a static report. The data below was valid at the time of publication, but support and resistance levels for ACRV change over time, so the report should be updated regularly. Subscribers get real-time updates. Unlimited real-time reports.

Subscribers also receive market analysis, stock correlation tools, macroeconomic observations, timing tools, and protection against market downturns with Evitar Corte.

Instructions:

The rules that govern the data in this report are the rules of technical analysis. For example, when ACRV tests support, buy signals emerge and resistance is the target. Conversely, a test of resistance is a sign to control risk or go short, 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 (avoid trading in the middle of a trading channel) and to act as a risk control level.

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

This data is refined to also differentiate trading plans for day trading, swing trading and long-term investment plans for ACRV. All of these are offered below the summary table.