tradethepoolpool ads

When (REPX) Moves Investors should Listen

Longer Term Trading Plans for REPX
  • Buy REPX slightly over 21.41 target 25.65 stop loss @ 21.35 Details
  • The technical summary data tells us to buy REPX near 21.41 with an upside target of 25.65. This data also tells us to set a stop loss @ 21.35 to protect against excessive loss in case the stock begins to move against the trade. 21.41 is the first level of support below 21.59 , and by rule, any test of support is a buy signal. In this case, support 21.41 would be being tested, so a buy signal would exist.

  • Short REPX slightly under 25.65, target 21.41, stop loss @ 25.72 Details
  • The technical summary data is suggesting a short of REPX as it gets near 25.65 with a downside target of 21.41. We should have a stop loss in place at 25.72though. 25.65 is the first level of resistance above 21.59, and by rule, any test of resistance is a short signal. In this case, if resistance 25.65 is being tested, so a short signal would exist.

Swing Trading Plans for REPX
  • Buy REPX slightly over 22.23, target 25.65, Stop Loss @ 22.17 Details
  • If 22.23 begins to break higher, the technical summary data tells us to buy REPX just slightly over 22.23, with an upside target of 25.65. The data also tells us to set a stop loss @ 22.17 in case the stock turns against the trade. 22.23 is the first level of resistance above 21.59, and by rule, any break above resistance is a buy signal. In this case, 22.23, 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 REPX slightly near 22.23, target 21.41, Stop Loss @ 22.29. Details
  • The technical summary data is suggesting a short of REPX if it tests 22.23 with a downside target of 21.41. We should have a stop loss in place at 22.29 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, 22.23, 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 REPX
  • Buy REPX slightly over 21.88, target 22.33, Stop Loss @ 21.83 Details
  • If 21.88 begins to break higher, the technical summary data tells us to buy REPX just slightly over 21.88, with an upside target of 22.33. The data also tells us to set a stop loss @ 21.83 in case the stock turns against the trade. 21.88 is the first level of resistance above 21.59, and by rule, any break above resistance is a buy signal. In this case, 21.88, 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 REPX slightly near 21.88, target 21.41, Stop Loss @ 21.93. Details
  • The technical summary data is suggesting a short of REPX if it tests 21.88 with a downside target of 21.41. We should have a stop loss in place at 21.93 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, 21.88, 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.

Real Time Updates are available on our  Riley Exploration Permian Inc. (REPX) Page here: REPX.

REPX Ratings for February 12:

Term →Near Mid Long
Rating Strong Neutral Weak
P1 0 0 21.41
P2 21.88 21.39 25.65
P3 22.33 22.23 30.27
Triggers may have already come
Get Real Time Triggers Here
Support and Resistance Plot Chart for REPX

REPX Long Term Analysis for February 12 2024

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

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  Riley Exploration Permian Inc. (NASDAQ: REPX) report below is a real world example. Included are trading plans for REPX, but this report is static. If you want an update, or a different stock, please get one here Unlimited Real Time Reports