How the (TPL) price action is used to our Advantage

Longer Term Trading Plans for TPL

• NONE. Details

There is no current Support Plan to trigger a buy of this stock at this time. This usually means that there are no clear support levels at this time, so buying the stock as it falls could be considered catching a falling knife. Buy signals only exist if resistance breaks higher.
This often is a signal that the stock you are watching is weak. Waiting for a turn higher may be more intelligent than trying to catch a falling knife. In any case, new support levels are usually revised to the database at the beginning of the next trading session.

• Short TPL slightly under 1108.73, target n/a, stop loss @ 1111.93 Details

The technical summary data is suggesting a short of TPL as it gets near 1108.73, but the downside target is not available from the current data. This tells us to hold that position if it is triggered until a new downside target has been established (updates occur at the beginning of every trading session) or until the position has been stopped. The summary data tells us to have a stop loss in place at 1111.93. 1108.73 is the first level of resistance above 1033.92, and by rule, any test of resistance is a short signal. In this case, if resistance 1108.73 is being tested, so a short signal would exist.

Swing Trading Plans for TPL

• Buy TPL slightly over 1066.34, target 1108.73, Stop Loss @ 1063.26 Details

If 1066.34 begins to break higher, the technical summary data tells us to buy TPL just slightly over 1066.34, with an upside target of 1108.73. The data also tells us to set a stop loss @ 1063.26 in case the stock turns against the trade. 1066.34 is the first level of resistance above 1033.92, and by rule, any break above resistance is a buy signal. In this case, 1066.34, 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 1066.34, target 1032.11, Stop Loss @ 1069.42. Details

The technical summary data is suggesting a short of TPL if it tests 1066.34 with a downside target of 1032.11. We should have a stop loss in place at 1069.42 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, 1066.34, 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 1039.39, target 1066.34, Stop Loss @ 1036.97 Details

If 1039.39 begins to break higher, the technical summary data tells us to buy TPL just slightly over 1039.39, with an upside target of 1066.34. The data also tells us to set a stop loss @ 1036.97 in case the stock turns against the trade. 1039.39 is the first level of resistance above 1033.92, and by rule, any break above resistance is a buy signal. In this case, 1039.39, 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 1039.39, target 1032.11, Stop Loss @ 1041.81. Details

The technical summary data is suggesting a short of TPL if it tests 1039.39 with a downside target of 1032.11. We should have a stop loss in place at 1041.81 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, 1039.39, 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 July 08:

Term →	Near	Mid	Long
Rating	Neutral	Weak	Strong
P1	0	0	1108.73
P2	1039.39	1032.11	1346.03
P3	1067.59	1066.34	1630.95

AI Generated Signals for TPL

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