How the price action of Gulfport Energy Corporation ($GPOR) is used to our Advantage
December 11, 2023, 18:30 pm ET, BY Thomas H. Kee Jr- Editor, Stock Traders Daily| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for GPOR
- Buy GPOR slightly over 123.74 target 133.34 stop loss @ 123.38 Details
The technical summary data tells us to buy GPOR near 123.74 with an upside target of 133.34. This data also tells us to set a stop loss @ 123.38 to protect against excessive loss in case the stock begins to move against the trade. 123.74 is the first level of support below 132.08 , and by rule, any test of support is a buy signal. In this case, support 123.74 would be being tested, so a buy signal would exist.
- Short GPOR slightly under 133.34, target 123.74, stop loss @ 133.73 Details
The technical summary data is suggesting a short of GPOR as it gets near 133.34 with a downside target of 123.74. We should have a stop loss in place at 133.73though. 133.34 is the first level of resistance above 132.08, and by rule, any test of resistance is a short signal. In this case, if resistance 133.34 is being tested, so a short signal would exist.
Swing Trading Plans for GPOR
- Buy GPOR slightly over 132.11, target 133.34, Stop Loss @ 131.73 Details
If 132.11 begins to break higher, the technical summary data tells us to buy GPOR just slightly over 132.11, with an upside target of 133.34. The data also tells us to set a stop loss @ 131.73 in case the stock turns against the trade. 132.11 is the first level of resistance above 132.08, and by rule, any break above resistance is a buy signal. In this case, 132.11, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.
- Short GPOR slightly near 132.11, target 123.74, Stop Loss @ 132.49. Details
The technical summary data is suggesting a short of GPOR if it tests 132.11 with a downside target of 123.74. We should have a stop loss in place at 132.49 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 132.11, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.
Day Trading Plans for GPOR
- Buy GPOR slightly over 132.11, target 132.76, Stop Loss @ 131.8 Details
If 132.11 begins to break higher, the technical summary data tells us to buy GPOR just slightly over 132.11, with an upside target of 132.76. The data also tells us to set a stop loss @ 131.8 in case the stock turns against the trade. 132.11 is the first level of resistance above 132.08, and by rule, any break above resistance is a buy signal. In this case, 132.11, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.
- Short GPOR slightly near 132.11, target 129.54, Stop Loss @ 132.42. Details
The technical summary data is suggesting a short of GPOR if it tests 132.11 with a downside target of 129.54. We should have a stop loss in place at 132.42 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 132.11, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.
Check the time stamp on this data. Updated AI-Generated Signals for Gulfport Energy Corporation (GPOR) available here: GPOR.
GPOR Ratings for December 11:
| Term → | Near |
Mid |
Long |
|---|
| Rating |
Weak |
Strong |
Strong |
| P1 |
0 |
0 |
123.74 |
| P2 |
129.54 |
132.11 |
133.34 |
| P3 |
132.76 |
137.98 |
142.94 |
AI Generated Signals for GPOR
Blue = Current Price
Red= Resistance
Green = Support
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Our job as #investors is to pay attention to the #stocks we own. Part of that involves looking at the #fundamentals, but half of the disclosure comes from looking at price action. The Gulfport Energy Corporation (NASDAQ: GPOR) data table below can help you with price action, and we have more details too. Trading plans for GPOR are shown here too; these plans are updated in real time for subscribers, where this report is static. If you want an update, or a report on a different stock, please get one here Unlimited Real Time Reports.
Fundamental Charts for GPOR:
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