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Crane Co T.CR


Primary Symbol: CR Alternate Symbol(s):  CXT

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

Comment by Indicatoron Apr 15, 2024 1:31pm
138 Views
Post# 35989741

RE:I am running out of patience

RE:I am running out of patienceBuying after the pandemic (2020) crash was a lot of fun, a great time to get in and not something easily repeatable. If you're looking for that kind of action again, good luck fnding today.

On the plus side, we seem to be entering an era of a stagflation which is *usually very good for hard assets.  I am no longer daytrading but am swinging the breakouts and support/resitance levels when/if they show up.  My expectations are tempered and modest as commodities always have lots of moving parts.

Short term, NatGas looks oversold.  On Crew I am looking for support at mid RSI of 50 on dailiy chart which may bounce (fingers crossed).  If not, then this little breakout hasn't held yet and we can expect more churn. 

In short, NatGas and Crew and sputtering  markets will likely require lots of patience.  

You might as well go spend some of that dough on some toys and be happy you have more than emough to pay the tax man.  Life is short!

Cheers!





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