Learn to Evaluate (NOG) using the Charts
March 14, 2024, 11:10 am ET, BY THOMAS KEE- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for NOG
- Buy NOG slightly over 33.63 target 37.9 stop loss @ 33.53 Details
The technical summary data tells us to buy NOG near 33.63 with an upside target of 37.9. This data also tells us to set a stop loss @ 33.53 to protect against excessive loss in case the stock begins to move against the trade. 33.63 is the first level of support below 37.06 , and by rule, any test of support is a buy signal. In this case, support 33.63 would be being tested, so a buy signal would exist.
- Short NOG slightly under 37.9, target 33.63, stop loss @ 38.01 Details
The technical summary data is suggesting a short of NOG as it gets near 37.9 with a downside target of 33.63. We should have a stop loss in place at 38.01though. 37.9 is the first level of resistance above 37.06, and by rule, any test of resistance is a short signal. In this case, if resistance 37.9 is being tested, so a short signal would exist.
Swing Trading Plans for NOG
- Buy NOG slightly over 37.48, target 37.9, Stop Loss @ 37.37 Details
If 37.48 begins to break higher, the technical summary data tells us to buy NOG just slightly over 37.48, with an upside target of 37.9. The data also tells us to set a stop loss @ 37.37 in case the stock turns against the trade. 37.48 is the first level of resistance above 37.06, and by rule, any break above resistance is a buy signal. In this case, 37.48, 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 NOG slightly near 37.48, target 36.59, Stop Loss @ 37.59. Details
The technical summary data is suggesting a short of NOG if it tests 37.48 with a downside target of 36.59. We should have a stop loss in place at 37.59 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, 37.48, 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 NOG
- Buy NOG slightly over 37.09, target 37.62, Stop Loss @ 37 Details
If 37.09 begins to break higher, the technical summary data tells us to buy NOG just slightly over 37.09, with an upside target of 37.62. The data also tells us to set a stop loss @ 37 in case the stock turns against the trade. 37.09 is the first level of resistance above 37.06, and by rule, any break above resistance is a buy signal. In this case, 37.09, 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 NOG slightly near 37.09, target 36.59, Stop Loss @ 37.18. Details
The technical summary data is suggesting a short of NOG if it tests 37.09 with a downside target of 36.59. We should have a stop loss in place at 37.18 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, 37.09, 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 Northern Oil And Gas Inc. (NOG) available here: NOG.
NOG Ratings for March 14:
| Term → | Near |
Mid |
Long |
|---|
| Rating |
Strong |
Strong |
Strong |
| P1 |
0 |
0 |
33.63 |
| P2 |
37.09 |
36.59 |
37.9 |
| P3 |
37.62 |
37.48 |
42.25 |
AI Generated Signals for NOG
Blue = Current Price
Red= Resistance
Green = Support
Real Time Updates for Repeat Institutional Readers:
Instructions:Click the Get Real Time Updates button below.
In the login prompt, select forgot username
Type the email you use for Factset
Use the user/pass you receive to login
You will have 24/7 access to real time updates.
From then on you can just click to get the real time update whenever you want.
GET REAL TIME UPDATES
Our Market Crash Leading Indicator isEvitar Corte.
Evitar Corte warned of market crash risk four times since 2000.
It identified the Internet Debacle before it happened.
It identified the Credit Crisis before it happened.
It identified the Corona Crash too.
See what Evitar Corte is Saying Now.
Get Notified When our Ratings Change:Take a Trial
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 Northern Oil And Gas Inc. (NYSE: NOG) report below can help you understand how to do this. The trading plans for NOG, 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 NOG:
pool ads
