When H&e Equipment Services Inc. ($HEES) Moves Investors should Listen
December 12, 2023, 14:30 pm ET, BY Randall S.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for HEES
- Buy HEES slightly over 43.17 target 48.88 stop loss @ 43.05 Details
The technical summary data tells us to buy HEES near 43.17 with an upside target of 48.88. This data also tells us to set a stop loss @ 43.05 to protect against excessive loss in case the stock begins to move against the trade. 43.17 is the first level of support below 47.13 , and by rule, any test of support is a buy signal. In this case, support 43.17 is being tested, a buy signal would exist.
- Short HEES slightly under 48.88, target 43.17, stop loss @ 49.02 Details
The technical summary data is suggesting a short of HEES as it gets near 48.88 with a downside target of 43.17. We should have a stop loss in place at 49.02though. 48.88 is the first level of resistance above 47.13, and by rule, any test of resistance is a short signal. In this case, if resistance 48.88 is being tested, a short signal would exist.
Swing Trading Plans for HEES
- Buy HEES slightly over 48.1, target 48.88, Stop Loss @ 47.96 Details
If 48.1 begins to break higher, the technical summary data tells us to buy HEES just slightly over 48.1, with an upside target of 48.88. The data also tells us to set a stop loss @ 47.96 in case the stock turns against the trade. 48.1 is the first level of resistance above 47.13, and by rule, any break above resistance is a buy signal. In this case, 48.1, 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 HEES slightly near 48.1, target 46.42, Stop Loss @ 48.24. Details
The technical summary data is suggesting a short of HEES if it tests 48.1 with a downside target of 46.42. We should have a stop loss in place at 48.24 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, 48.1, 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 HEES
- Buy HEES slightly over 47.54, target 48.1, Stop Loss @ 47.43 Details
If 47.54 begins to break higher, the technical summary data tells us to buy HEES just slightly over 47.54, with an upside target of 48.1. The data also tells us to set a stop loss @ 47.43 in case the stock turns against the trade. 47.54 is the first level of resistance above 47.13, and by rule, any break above resistance is a buy signal. In this case, 47.54, 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 HEES slightly near 47.54, target 46.64, Stop Loss @ 47.65. Details
The technical summary data is suggesting a short of HEES if it tests 47.54 with a downside target of 46.64. We should have a stop loss in place at 47.65 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, 47.54, 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 H&e Equipment Services Inc. (HEES) available here: HEES.
HEES Ratings for December 12:
| Term → | Near |
Mid |
Long |
|---|
| Rating |
Strong |
Neutral |
Neutral |
| P1 |
0 |
0 |
37.29 |
| P2 |
46.64 |
46.42 |
43.17 |
| P3 |
47.54 |
48.1 |
48.88 |
AI Generated Signals for HEES
Blue = Current Price
Red= Resistance
Green = Support
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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 H&e Equipment Services Inc. (NASDAQ: HEES) report below is a real world example. Included are trading plans for HEES, but this report is static. If you want an update, or a different stock, please get one here Unlimited Real Time Reports.
Fundamental Charts for HEES:
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