Learn to Evaluate (HRI) using the Charts
September 20, 2024, 00:08 am ET, BY Rolland S.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for HRI
- Buy HRI near 150.49 target 170.81 stop loss @ 150.06 Details
The technical summary data tells us to buy HRI near 150.49 with an upside target of 170.81. This data also tells us to set a stop loss @ 150.06 to protect against excessive loss in case the stock begins to move against the trade. 150.49 is the first level of support below 157.02 , and by rule, any test of support is a buy signal. In this case, support 150.49 is being tested, a buy signal would exist.
- Short HRI slightly under 170.81, target 150.49, stop loss @ 171.3 Details
The technical summary data is suggesting a short of HRI as it gets near 170.81 with a downside target of 150.49. We should have a stop loss in place at 171.3though. 170.81 is the first level of resistance above 157.02, and by rule, any test of resistance is a short signal. In this case, if resistance 170.81 is being tested, a short signal would exist.
Swing Trading Plans for HRI
- Buy HRI slightly over 157.03, target 170.81, Stop Loss @ 156.58 Details
If 157.03 begins to break higher, the technical summary data tells us to buy HRI just slightly over 157.03, with an upside target of 170.81. The data also tells us to set a stop loss @ 156.58 in case the stock turns against the trade. 157.03 is the first level of resistance above 157.02, and by rule, any break above resistance is a buy signal. In this case, 157.03, 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 HRI slightly near 157.03, target 150.49, Stop Loss @ 157.48. Details
The technical summary data is suggesting a short of HRI if it tests 157.03 with a downside target of 150.49. We should have a stop loss in place at 157.48 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, 157.03, 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 HRI
- Buy HRI slightly over 157.03, target 161.58, Stop Loss @ 156.66 Details
If 157.03 begins to break higher, the technical summary data tells us to buy HRI just slightly over 157.03, with an upside target of 161.58. The data also tells us to set a stop loss @ 156.66 in case the stock turns against the trade. 157.03 is the first level of resistance above 157.02, and by rule, any break above resistance is a buy signal. In this case, 157.03, 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 HRI slightly near 157.03, target 156.61, Stop Loss @ 157.4. Details
The technical summary data is suggesting a short of HRI if it tests 157.03 with a downside target of 156.61. We should have a stop loss in place at 157.4 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, 157.03, 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 Herc Holdings Inc. (HRI) available here: HRI.
HRI Ratings for September 20:
| Term → | Near |
Mid |
Long |
|---|
| Rating |
Strong |
Strong |
Strong |
| P1 |
0 |
0 |
129.87 |
| P2 |
156.61 |
145.43 |
150.49 |
| P3 |
161.58 |
157.03 |
170.81 |
AI Generated Signals for HRI
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 Herc Holdings Inc. (NYSE: HRI) report below can help you understand how to do this. The trading plans for HRI, 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 HRI:
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