(HPK) Investment Analysis and Advice

November 12, 2024, 21:50 pm ET, BY Robert S.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for HPK

• Buy HPK near 13.13 target 14.78 stop loss @ 13.09 Details

The technical summary data tells us to buy HPK near 13.13 with an upside target of 14.78. This data also tells us to set a stop loss @ 13.09 to protect against excessive loss in case the stock begins to move against the trade. 13.13 is the first level of support below 14.07 , and by rule, any test of support is a buy signal. In this case, support 13.13 would be being tested, so a buy signal would exist.

• Short HPK slightly under 14.78, target 13.13, stop loss @ 14.82 Details

The technical summary data is suggesting a short of HPK as it gets near 14.78 with a downside target of 13.13. We should have a stop loss in place at 14.82though. 14.78 is the first level of resistance above 14.07, and by rule, any test of resistance is a short signal. In this case, if resistance 14.78 is being tested, so a short signal would exist.

Swing Trading Plans for HPK

• Buy HPK slightly over 14.82, target 16.37, Stop Loss @ 14.78 Details

If 14.82 begins to break higher, the technical summary data tells us to buy HPK just slightly over 14.82, with an upside target of 16.37. The data also tells us to set a stop loss @ 14.78 in case the stock turns against the trade. 14.82 is the first level of resistance above 14.07, and by rule, any break above resistance is a buy signal. In this case, 14.82, 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 HPK slightly near 14.82, target 13.75, Stop Loss @ 14.86. Details

The technical summary data is suggesting a short of HPK if it tests 14.82 with a downside target of 13.75. We should have a stop loss in place at 14.86 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, 14.82, 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 HPK

• Buy HPK slightly over 14.28, target 14.82, Stop Loss @ 14.25 Details

If 14.28 begins to break higher, the technical summary data tells us to buy HPK just slightly over 14.28, with an upside target of 14.82. The data also tells us to set a stop loss @ 14.25 in case the stock turns against the trade. 14.28 is the first level of resistance above 14.07, and by rule, any break above resistance is a buy signal. In this case, 14.28, 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 HPK slightly near 14.28, target 13.97, Stop Loss @ 14.31. Details

The technical summary data is suggesting a short of HPK if it tests 14.28 with a downside target of 13.97. We should have a stop loss in place at 14.31 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, 14.28, 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 Highpeak Energy Inc. (HPK) available here: HPK.

HPK Ratings for November 12:

Term →	Near	Mid	Long
Rating	Weak	Neutral	Neutral
P1	0	0	13.13
P2	13.97	13.75	14.78
P3	14.28	14.82	16.37

AI Generated Signals for HPK

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Prudent Investment Analysis requires observations of the support and resistance levels for Highpeak Energy Inc. (NYSE: HPK) too.  These define prudent trading plans.

Warning:

This is a static report, the data below was valid at the time of the publication, but support and resistance levels for HPK change over time, so the report should be updated regularly.  Real Time updates are provided to subscribers.  Unlimited Real Time Reports.

Subscribers also receive market analysis, stock correlation tools, macroeconomic observations, timing tools, and protection from market crashes using Evitar Corte.  

Instructions:

The rules that govern the data in this report are the rules of Technical Analysis.  For example, if HPK is testing support buy signals surface, and resistance is the target.  Conversely, if resistance is being tested, that is a sign to control risk or short, and support would be the downside target accordingly.  In each case, the trigger point is designed to be both an ideal place to enter a position (avoid trading in the middle of a trading channel), and it acts as a level of risk control too.

Swing Trades, Day Trades, and Longer term Trading Plans:

This data is refined to differentiate trading plans for Day Trading, Swing Trading, and Long Term Investing plans for HPK too.  All of these are offered below the Summary Table.