Learn to Evaluate (CHRD) using the Charts
December 02, 2024, 16:20 pm ET, BY Bill- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for CHRD
- Buy CHRD near 120.88 target 138.36 stop loss @ 120.53 Details
The technical summary data tells us to buy CHRD near 120.88 with an upside target of 138.36. This data also tells us to set a stop loss @ 120.53 to protect against excessive loss in case the stock begins to move against the trade. 120.88 is the first level of support below 126.82 , and by rule, any test of support is a buy signal. In this case, support 120.88 would be being tested, so a buy signal would exist.
- Short CHRD slightly under 138.36, target 120.88, stop loss @ 138.76 Details
The technical summary data is suggesting a short of CHRD as it gets near 138.36 with a downside target of 120.88. We should have a stop loss in place at 138.76though. 138.36 is the first level of resistance above 126.82, and by rule, any test of resistance is a short signal. In this case, if resistance 138.36 is being tested, so a short signal would exist.
Swing Trading Plans for CHRD
- Buy CHRD slightly over 130.19, target 138.36, Stop Loss @ 129.81 Details
If 130.19 begins to break higher, the technical summary data tells us to buy CHRD just slightly over 130.19, with an upside target of 138.36. The data also tells us to set a stop loss @ 129.81 in case the stock turns against the trade. 130.19 is the first level of resistance above 126.82, and by rule, any break above resistance is a buy signal. In this case, 130.19, 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 CHRD slightly near 130.19, target 126.12, Stop Loss @ 130.57. Details
The technical summary data is suggesting a short of CHRD if it tests 130.19 with a downside target of 126.12. We should have a stop loss in place at 130.57 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, 130.19, 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 CHRD
- Buy CHRD slightly over 127.7, target 130.19, Stop Loss @ 127.4 Details
If 127.7 begins to break higher, the technical summary data tells us to buy CHRD just slightly over 127.7, with an upside target of 130.19. The data also tells us to set a stop loss @ 127.4 in case the stock turns against the trade. 127.7 is the first level of resistance above 126.82, and by rule, any break above resistance is a buy signal. In this case, 127.7, 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 CHRD slightly near 127.7, target 126.12, Stop Loss @ 128. Details
The technical summary data is suggesting a short of CHRD if it tests 127.7 with a downside target of 126.12. We should have a stop loss in place at 128 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, 127.7, 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 Chord Energy Corporation (CHRD) available here: CHRD.
CHRD Ratings for December 02:
| Term → | Near |
Mid |
Long |
|---|
| Rating |
Weak |
Neutral |
Weak |
| P1 |
0 |
0 |
120.88 |
| P2 |
124.47 |
126.12 |
138.36 |
| P3 |
127.7 |
130.19 |
156.33 |
AI Generated Signals for CHRD
Blue = Current Price
Red= Resistance
Green = Support
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When #institutionalinvestors make decisions to buy and sell #stocks they normally want to keep it quiet. However, if we pay close attention we can see what is going on, and make good decisions.. The Chord Energy Corporation (NASDAQ: CHRD) report below can help you understand how to do this. The trading plans for CHRD, are updated in real time for subscribers, but this report is static. If you want an update, or a different report on a different stock, please get one here Unlimited Real Time Reports.
Fundamental Charts for CHRD:
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