Crane Co T.CR

Primary Symbol: CR Alternate Symbol(s): CXT

Technology Scientific & Technical Instruments

Crane Company is a manufacturer of engineered components for mission-critical applications focused on the aerospace, defense, space and process flow industry end markets. Its segments include Aerospace & Electronics, Process Flow Technologies, and Engineered Materials. The Aerospace & Electronics segment supplies critical components and systems, including original equipment and aftermarket parts, primarily for the commercial aerospace, and the military aerospace, defense and space markets. The Process Flow Technologies segment is a provider of engineered fluid handling equipment for critical applications. The Engineered Materials segment manufactures fiberglass-reinforced plastic panels and coils, primarily for use in the manufacturing of recreational vehicles, truck bodies and trailers (Transportation). It also designs and manufacturers multi-stage lubrication pumps and lubrication system components technology for critical aerospace and defense applications.

NYSE:CR - Post by User

Crane Co > we've had 2 heavy volume down days

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Comment by gonatgasgoon Aug 18, 2021 11:44am

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Post# 33723525

RE:we've had 2 heavy volume down days

When one feels down about his o&g investments, you can always go read Nuttall's tweets and he will make you feel better. :-)

Indicator wrote: thinking out loud ... I'd prefer to see 3 days down on heavy volume, but ....

A little buying today off this $1.60 support area.

Markets may firm a bit after a week of down, but going long here is iffy if shorts still want more raw meat amidst weak markets in general. Today's buyers will likely bail if markets drag Crew down past $1.60 and that is incentive for shorts to play cat and mouse around $1.60 for a bit. i.e. let the stop losses pile up a bit and then possibly make another flush during the next bout of market pessimism - ain't life grand ;-)

Good luck.