How we can use the (HIE) price action to our advantage

June 22, 2024, 4:54 AM ET, BY Patrick – Staff Writer, Stock Traders Daily | Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer-term trading plans for HIE

• Buy HIE just above 11.08, target 11.47, stop loss at 11.05 details

The technical summary data tells us to buy HIE at 11.08 with an upside target of 11.47. This data also tells us to set a stop loss at 11.05 to protect ourselves from excessive losses in case the stock starts moving against the trade. 11.08 is the first level of support below 11.12 and any test of support is usually a buy signal. In this case, the support at 11.08 is tested, a buy signal would be present.

• Short HIE just below 11.47, target 11.08, stop loss at 11.5 details

The technical summary data suggests a short of HIE as it approaches 11.47, with a downside target of 11.08. However, we should place a stop loss at 11.5. 11.47 is the first resistance level above 11.12, and any test of resistance is basically a short signal. In this case, a short signal would be present if the 11.47 resistance is tested.

Swing Trading Plans for HIE

• Buy HIE just above n/a, target n/a, stop loss at 0 details

If $n/a starts to break higher, the technical summary data tells us to buy HIE just above $n/a, with an upside target of $n/a. The data also tells us to set a stop loss at 0 in case the stock turns against the trade. $n/a is the first resistance level above 11.12, and according to the rule, any break above resistance is a buy signal. In this case, $n/a, the initial resistance, would break higher, so a buy signal would be present. Since this plan is based on a break of resistance, it is called a Long Resistance Plan.

• Short HIE just near n/a, target 11.12, stop loss at 0. details

The technical summary data suggests a short of HIE if it tests n/a with a downside target of 11.12. However, we should set a stop loss at 0 in case the stock starts moving against the trade. Any test of resistance is usually a short signal. In this case, a short signal would be present when a resistance, n/a, is tested. Since this plan is a short plan based on a test of resistance, it is called a short resistance plan.

Day trading plans for HIE

• Buy HIE just above 11.47, target nz, stop loss at 11.44 details

If 11.47 starts to rise, the technical summary data tells us to buy HIE just above 11.47, with an upside target of $n/a. The data also tells us to set a stop loss at 11.44 in case the stock turns against the trade. 11.47 is the first resistance level above 11.12, and any break above resistance is usually a buy signal. In this case, 11.47, the initial resistance, would move up, so a buy signal would be present. Since this plan is based on a break of resistance, it is called a Long Resistance Plan.

• Short HIE just near 11.47, target 11.12, stop loss at 11.5. details

The technical summary data suggests a short of HIE if it tests 11.47 with a downside target of 11.12. However, we should set a stop loss at 11.5 in case the stock starts moving against the trade. Any test of resistance is basically a short signal. In this case, a short signal would be present if the resistance 11.47 is tested. Since this plan is a short plan based on a test of resistance, it is called a short resistance plan.

Check the timestamp of this data. Updated AI-generated signals for Miller/Howard High Income Equity Fund of favorable interest (HIE) available here: Hello.

HIE Ratings for June 22:

AI-generated signals for HIE

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Our task as #Investors is to pay attention to the #stocks we own. Part of that is looking at the #fundamentals, but half of the disclosure comes from looking at price action. The Miller/Howard High Income Equity Fund of favorable interest The data table (NYSE:HIE) below can help you with the price action and we have more details as well. Trading plans for HIE are also displayed here; these plans are updated in real-time for subscribers, where this report is static. If you want an update or report on another stock, you can get one here: Unlimited Real-Time Reports.