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Clearfield, Inc.
Company Overview: Clearfield, Inc. (NASDAQ: CLFD) Clearfield, Inc. engages in the design, manufacture, and distribution of fiber protection. It operates through the Clearfield and Nestor Cable segment. The Clearfield segment involves the design, manufacture, and selling of fiber management, protection, and delivery solutions.
As per our previous US American Technology report published on ‘CLFD’ on 12th December 2023, Kalkine provided an ‘Buy’ stance on the stock at USD 27.47 based on “expected valuation upside, lower balance sheet risk, and trading levels” and the stock price has now moved by ~43.67% since then and has attained resistance 1 and resistance 2.
Noted below are the details of support and resistance levels provided in our previous report:
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