When (TPL) Moves Investors should Listen

February 02, 2024, 14:02 pm ET, BY Quentin W.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for TPL

• Buy TPL slightly over 1411.42 target 1648.71 stop loss @ 1407.34 Details

The technical summary data tells us to buy TPL near 1411.42 with an upside target of 1648.71. This data also tells us to set a stop loss @ 1407.34 to protect against excessive loss in case the stock begins to move against the trade. 1411.42 is the first level of support below 1426.57 , and by rule, any test of support is a buy signal. In this case, support 1411.42 would be being tested, so a buy signal would exist.

• Short TPL slightly under 1648.71, target 1411.42, stop loss @ 1653.47 Details

The technical summary data is suggesting a short of TPL as it gets near 1648.71 with a downside target of 1411.42. We should have a stop loss in place at 1653.47though. 1648.71 is the first level of resistance above 1426.57, and by rule, any test of resistance is a short signal. In this case, if resistance 1648.71 is being tested, so a short signal would exist.

Swing Trading Plans for TPL

• Buy TPL slightly over 1469.29, target 1513.04, Stop Loss @ 1465.05 Details

If 1469.29 begins to break higher, the technical summary data tells us to buy TPL just slightly over 1469.29, with an upside target of 1513.04. The data also tells us to set a stop loss @ 1465.05 in case the stock turns against the trade. 1469.29 is the first level of resistance above 1426.57, and by rule, any break above resistance is a buy signal. In this case, 1469.29, 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 TPL slightly near 1469.29, target 1411.42, Stop Loss @ 1473.53. Details

The technical summary data is suggesting a short of TPL if it tests 1469.29 with a downside target of 1411.42. We should have a stop loss in place at 1473.53 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, 1469.29, 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 TPL

• Buy TPL slightly over 1446.39, target 1469.29, Stop Loss @ 1443.02 Details

If 1446.39 begins to break higher, the technical summary data tells us to buy TPL just slightly over 1446.39, with an upside target of 1469.29. The data also tells us to set a stop loss @ 1443.02 in case the stock turns against the trade. 1446.39 is the first level of resistance above 1426.57, and by rule, any break above resistance is a buy signal. In this case, 1446.39, 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 TPL slightly near 1446.39, target 1411.42, Stop Loss @ 1449.76. Details

The technical summary data is suggesting a short of TPL if it tests 1446.39 with a downside target of 1411.42. We should have a stop loss in place at 1449.76 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, 1446.39, 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  Texas Pacific Land Corporation (TPL) available here: TPL.

TPL Ratings for February 02:

Term →	Near	Mid	Long
Rating	Weak	Neutral	Neutral
P1	0	0	1411.42
P2	1446.39	1469.29	1648.71
P3	1488.12	1513.04	1899.31

AI Generated Signals for TPL

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How do we know what is going on #behindthescenes of a company?  According to Stock Traders Daily, a 20-year #financialindustry innovator, the best way to do this to to watch the price action in the stock. The  Texas Pacific Land Corporation (NYSE: TPL) report below is a real world example. Included are trading plans for TPL, but this report is static. If you want an update, or a different stock, please get one here Unlimited Real Time Reports.