(PNRG) Long Term Investment Analysis

February 22, 2025, 00:32 am ET, BY Tyler- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for PNRG

• Buy PNRG near 182.76 target 208.72 stop loss @ 182.23 Details

The technical summary data tells us to buy PNRG near 182.76 with an upside target of 208.72. This data also tells us to set a stop loss @ 182.23 to protect against excessive loss in case the stock begins to move against the trade. 182.76 is the first level of support below 193.6 , and by rule, any test of support is a buy signal. In this case, support 182.76 would be being tested, so a buy signal would exist.

• Short PNRG slightly under 208.72, target 182.76, stop loss @ 209.32 Details

The technical summary data is suggesting a short of PNRG as it gets near 208.72 with a downside target of 182.76. We should have a stop loss in place at 209.32though. 208.72 is the first level of resistance above 193.6, and by rule, any test of resistance is a short signal. In this case, if resistance 208.72 is being tested, so a short signal would exist.

Swing Trading Plans for PNRG

• Buy PNRG slightly over 198.08, target 208.72, Stop Loss @ 197.51 Details

If 198.08 begins to break higher, the technical summary data tells us to buy PNRG just slightly over 198.08, with an upside target of 208.72. The data also tells us to set a stop loss @ 197.51 in case the stock turns against the trade. 198.08 is the first level of resistance above 193.6, and by rule, any break above resistance is a buy signal. In this case, 198.08, 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 PNRG slightly near 198.08, target 188.44, Stop Loss @ 198.65. Details

The technical summary data is suggesting a short of PNRG if it tests 198.08 with a downside target of 188.44. We should have a stop loss in place at 198.65 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, 198.08, 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 PNRG

• Buy PNRG slightly over 196.84, target 198.08, Stop Loss @ 196.38 Details

If 196.84 begins to break higher, the technical summary data tells us to buy PNRG just slightly over 196.84, with an upside target of 198.08. The data also tells us to set a stop loss @ 196.38 in case the stock turns against the trade. 196.84 is the first level of resistance above 193.6, and by rule, any break above resistance is a buy signal. In this case, 196.84, 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 PNRG slightly near 196.84, target 188.44, Stop Loss @ 197.3. Details

The technical summary data is suggesting a short of PNRG if it tests 196.84 with a downside target of 188.44. We should have a stop loss in place at 197.3 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, 196.84, 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 Primeenergy Resources Corporation (PNRG) available here: PNRG.

PNRG Ratings for February 22:

AI Generated Signals for PNRG

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Technically, Primeenergy Resources Corporation (NASDAQ: PNRG) provides opportunities for traders who are watching the price of the stock oscillate over time.

Warning:

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

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Instructions:

The rules that govern the data in this report are the rules of Technical Analysis.  For example, if PNRG 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 PNRG too.  All of these are offered below the Summary Table.